Volume (24h)
$281.18
0.41 %
Total supply
82,868,297 UPBNB
Max. supply
82,868,297 UPBNB
upBNB (UPBNB)
$ 0.03
0.41 %
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updated $0Market cap$0
Volume 24h$281.18
upBNB (UPBNB) is a token on the Binance Smart Chain (BSC) designed to enhance utility within the BNB ecosystem. It operates as a wrapped or synthetic version of BNB, enabling additional functionalities like staking or DeFi integrations. Think of it as BNB with extra features for decentralized applications.
Frequently asked questions
What is upBNB and how is it different from regular BNB?
upBNB is a tokenized version of BNB on Binance Smart Chain, often used in DeFi protocols for lending, staking, or yield farming. Unlike native BNB, it’s wrapped or synthetic, meaning it represents BNB in a format compatible with smart contracts.
How does upBNB work technically?
upBNB leverages BSC’s smart contracts to create a tokenized BNB derivative. It typically follows the BEP-20 standard, ensuring interoperability with wallets and dApps. Transactions are validated via BSC’s Proof-of-Staked-Authority consensus.
How is upBNB issued or minted?
upBNB is usually minted by locking BNB in a smart contract, which then issues an equivalent amount of upBNB. The process is reversible: burning upBNB releases the original BNB, maintaining a 1:1 peg.
How do I store and use upBNB?
Store upBNB in any BEP-20 compatible wallet (e.g., Trust Wallet, MetaMask with BSC network). Use it in DeFi platforms for liquidity provision, collateral, or staking—always check contract addresses to avoid scams.