what's Band Protocol?
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts on various blockchains. It enables decentralized applications to access reliable, tamper-proof information such as price feeds for cryptocurrencies, stocks, forex, and real-world assets, reducing reliance on centralized sources and enhancing security in DeFi ecosystems. The protocol operates on its own BandChain, a Cosmos-based blockchain, where validators stake BAND tokens to provide data through a decentralized network. Developers can request custom data feeds via Band's oracle contracts, which are integrated across ecosystems like Ethereum, Binance Smart Chain, and others, supporting use cases from lending protocols to synthetic assets with minimal latency and high uptime.
Band Protocol ranked #2 in mindshare among oracle tokens over a 7-day tracking period.
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Ranked #2 by mindshare among oracle tokens in a 7-day tracking period.
Oracle infrastructure goes live on TRON, marking a new blockchain integration for real-time data feeds.
Band Protocol ranks 7th among BSC & Binance Chain projects by development activity with no ranking change from the previous month, according to Santiment data.
Band Protocol launches testnet collaboration with Arc to power stablecoin chain infrastructure through multi-oracle innovation.
Membit announces Half-Hackathon for developers with $2,000 $BAND prize pool, following 95K+ data hunters rewarded and Season 1 staking launch. The two-week event offers rewards including Membit Points Multipliers and Grants Program admission for building AI use cases.
A staking operator announces discontinuation of Band Protocol staking support effective December 1st, advising delegators to unbond and transition to other operators to prevent reward disruptions.
Band Protocol integrates oracle infrastructure with Ripple's XRPL and XRPL EVM Sidechain, providing price feeds for XRP, stablecoins, and token pairs across the Ripple DeFi ecosystem.
Chrome extension launches for data hunters to earn $BAND rewards by capturing social media content.
Perpetual futures surge 22% in 24 hours on Kraken Pro.
Membit.ai integrates protocol for AI-powered content analysis platform with user rewards system.
Protocol v3 migration introduces 1-second feed updates and TSS-backed security features.
Price feed oracle service now live on mainnet and testnet, supporting BTC, ETH, USDC price feeds.