Kyber Network Crystal
KNC
$0.74

Sector

Defi

Exchange Debut

2021-07-29

Market Cap

125,685,944

Maxim Supply

252,301,550

Circulating Supply

170,152,851

Circ. Supply(%)

67.44%
kyber

Kyber Network Crystal

KNC

Price

$0.74

Market Cap

Sector

Exchange Debut

125,685,944
2021-07-29

Volume 24h

High 24h

Low 24h

21659447
0.749320445128
0.698438997433

Change 24h

Change 7d

Change 30d

1.1764
10.9713
26.3638

Maxim supply

Circulating supply

Circulating supply(%)

252,301,550
170,152,851
67.44%

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Kyber Network Crystal cryptocurrency:

 

Kyber Network Crystal emerges as a pivotal player in the decentralized finance realm, boasting a remarkable architecture dedicated to aggregating liquidity across various platforms. Built to empower DeFi DApps, decentralized exchanges, and users, it promises the finest liquidity rates through its acclaimed DEX aggregator, KyberSwap.com. With an impressive aggregation from platforms like Uniswap, Sushi, and many more across over 13 chains, it emphasizes its decentralized nature by negating the need for personal sign-ups or account creation. Its commitment to addressing liquidity concerns in the DeFi space has been evident, culminating in an impressive overall score of 7.82 out of 10 in our fundamental analysis of the Kyber Network Crystal cryptocurrency.

SOCIAL & MASS MEDIA: Score 6.2 out of 10

Despite Kyber’s undeniable allure, its score in this domain paints a varied picture. The brand has effortlessly amassed a broad follower base on social media and retains active administrators. With an outstanding size of communities in chat groups, Kyber’s presence is robust. However, the limited activity from the community on these platforms, combined with its moderate media presence, keeps its score from reaching loftier heights. It’s vital for Kyber to harness more active community participation to fortify its brand presence.

AUDIT & SECURITY: Score 7.15 out of 10

When delving into the fundamental analysis of the Kyber Network Crystal cryptocurrency, its audit and security metrics are noteworthy. With commendable audit results and transparency, it exudes reliability. The liquidity it maintains on exchanges further bolsters its stature in this arena.

TOKENOMICS: Score 7.6 out of 10

Kyber’s token economy offers potential. The mild inflationary nature of the project gets a commendable score, while the centralization of its monetary mass remains moderate. For those keen on understanding token dynamics, Kyber offers a reasonably balanced landscape.

ECOSYSTEM DEVELOPMENT: Score 7.4 out of 10

Our fundamental analysis of the Kyber Network Crystal cryptocurrency reveals a strong developmental trajectory for Kyber. Achieving its objectives and planning future developments, the project continues to move forward with promise.

TEAM & DEVELOPERS: Score 8.8 out of 10

The driving force behind Kyber’s success lies in its team’s expertise. With seasoned professionals and a commendable number of software developers, they appear equipped to navigate the volatile terrains of the crypto world.

PRODUCT & UTILITY: Score 8.82 out of 10

Kyber shines in its product’s utility and the pivotal role its tokens play within the ecosystem. As DeFi continues its upward trajectory, the utility of such products will likely gain even more significance.

PARTNERS & INVESTORS: Score 9.15 out of 10

Among the hallmarks of Kyber’s journey are its strong alliances and backing. With potent investors and premium partners in its arsenal, Kyber seems poised for sustained growth and influence.

Fundamental analysis of the Kyber Network Crystal cryptocurrency – The final conclusion

Kyber Network Crystal stands out as a formidable entity in the crypto arena. Our fundamental analysis of the Kyber Network Crystal cryptocurrency suggests potential for both short-term gains and long-term investments. However, every investment comes with inherent risks. While Kyber exhibits strengths in team expertise, product utility, and robust partnerships, it could further leverage its social media presence and community engagement. For investors, diversifying their portfolio and being vigilant about market trends remains essential. In the ever-evolving world of cryptocurrency, Kyber Network Crystal offers a blend of stability and potential growth, but as always, due diligence is crucial.

What is Kyber Network Crystal?

Overview and Purpose

Kyber Network stands as a powerful multi-chain liquidity hub in the decentralized finance (DeFi) landscape. Designed to streamline transactions on decentralized applications (DApps), its core mission is to grant DeFi apps and decentralized exchanges (DEXs) unhindered access to substantial liquidity pools at optimal rates.

KyberSwap: The Central Platform

The Kyber Network’s primary DEX aggregator is KyberSwap.com. It not only guarantees traders the most competitive swap rates in the DeFi sector but also ensures liquidity providers can achieve peak capital efficiency. KyberSwap draws its liquidity from a diverse range of DEXs such as Uniswap, Sushi, and more, spanning over 13 chains like Ethereum and BNB Chain. Remarkably, KyberSwap operates in a decentralized and permissionless fashion, ensuring on-chain transactions free from third-party interferences.

Foundational Leadership

The network’s foundation dates back to 2017, initiated by visionaries Loi Luu, Victor Tran, and Yaron Velner. Positioned in Singapore, its significant influence also extends to Vietnam. Victor Tran’s background in system administration and engineering leads as the current CEO, while Luu’s blockchain research prowess sees him as the Chairman. Velner, though having stepped down from an operational role, still provides advisory support.

Unique Offerings

Kyber Network’s uniqueness stems from its innovative protocols. In 2021, the introduction of the dynamic market maker (DMM) protocol showcased a system that could adapt to market shifts, benefitting liquidity providers. By 2022, they further upped the ante with their AMM Elastic protocol. This next-gen offering focused on concentrated liquidity pools, advanced fee structures, and an anti-sniping feature, ensuring liquidity providers and traders receive the best market conditions.

The Role of KNC Token and Community

Fundamental Analysis of Kyber Network Crystal Cryptocurrency reveals that the KNC token is more than just a utility token. It’s the adhesive binding Kyber’s diverse stakeholders. KNC owners can engage in KyberDAO, voting on pivotal decisions and reaping rewards from trading commissions. This inclusive approach has cultivated a thriving community, comprising developers and other DeFi enthusiasts.

In summary, the Kyber Network’s evolution, backed by its advanced protocols and community-centric approach, showcases its formidable stature in the crypto realm.

Fundamental analysis of the Kyber network crystal cryptocurrency

Kyber Network Crystal - KNC performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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