The current real-time price of BUD is $0.9826. In the past 24 hours, BUD has traded between $0.9748 and $0.9837, showing strong market activity. The all-time high of BUD is $1.9, and the all-time low is $0.8591.
From a short-term perspective, the price change of BUD over the past 1 hour is , over the past 24 hours is -0.01%, and over the past 7 days is +0.51%. These figures provide a quick overview of the latest price trends and market dynamics of BUD on LBank.+0.30%
The live price of BUD today is $0.9826, with a current market cap of $44,225.05. The 24-hour trading volume is 2K. The price of BUD to USD is updated in real time.
Before deciding whether to buy or sell BUD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s BUD technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for BUD.
How much will BUD be worth tomorrow, next week, or next month in ? What about your BUD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! BUD Price Prediction
To learn more about BUD, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
binance-smart-chain | 0x3a11...d17fac  | 21,870.99 | 48.6% |
binance-smart-chain | 0x1220...2cac36 | 19,904 | 44.23% |
binance-smart-chain | 0x148d...d64224 | 1,000 | 2.22% |
binance-smart-chain | 0xd8ec...8c3a17 | 597 | 1.33% |
binance-smart-chain | 0x509a...f2026a | 323 | 0.72% |
Other | 1,310.854 | 2.91% |
BOOKUSD is a decentralized borrowing protocol built on the BNB Chain. Its native token, BUD, is a decentralized stablecoin designed to maintain a soft peg to the US Dollar. The protocol functions as a fork of the Liquity V1 model, utilizing BOOK tokens as the primary collateral. It is part of a broader ecosystem linked to the Book of Binance and Moon Shield initiatives, offering decentralized financial services to users on the BNB Smart Chain.
The protocol allows participants to access liquidity by locking their BOOK tokens as collateral to "mint" BUD stablecoins. This mechanism enables users to obtain spendable or reinvestable value without having to sell their underlying BOOK tokens, allowing them to maintain their long-term exposure to the asset. To mint BUD, users must connect a compatible Web3 wallet to the official dApp and open a dedicated "Trove" to deposit their collateral.
The Stability Pool is a core component of the protocol that acts as a liquidity buffer to ensure solvency. Users can deposit their BUD tokens into this pool to help absorb debt from under-collateralized positions. In exchange for providing this stability, providers earn liquidation rewards, which typically consist of receiving BOOK tokens at a discount. Additionally, participants may earn protocol-specific incentives and other ecosystem rewards as part of the system's yield-generating strategies.
BUD is a decentralized token on the BNB Smart Chain (BSC). Users can manage their tokens by adding the official contract address (0xc28957e946ac244612bcb205c899844cbbcb093d) to their Web3 wallets. Trading is available on major platforms such as LBank and various decentralized exchanges. The most common trading pairs usually involve other stablecoins or the native network token, providing ample liquidity for users to enter or exit positions.
Users must maintain a Collateral Ratio above the protocol's minimum requirement, often set at 110%, to avoid liquidation. Experienced participants suggest keeping a much higher ratio to protect against price volatility in the BOOK token. Regarding security, users should note that the protocol includes certain administrative permissions for contract creators. It is important for participants to weigh the high-yield opportunities against potential risks associated with liquidation mechanisms and governance structures.
As a soft-pegged stablecoin, BUD relies on decentralized arbitrage and economic incentives to stay near its target value. If the price of BUD falls below the peg, borrowers are incentivized to buy it at a discount on the open market to pay off their debt more cheaply, which reduces supply and increases demand. If the price exceeds the target, users are encouraged to mint more BUD to sell, helping to stabilize the value through market-driven forces.
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