What is BRC on the ERC (BRC20)?

BRC-20 tokens represent a groundbreaking advancement in the cryptocurrency landscape, particularly within the Bitcoin ecosystem. Introduced by an anonymous developer known as Domo on March 9, 2023, BRC-20 draws inspiration from Ethereum's ERC-20 token standard but operates under a fundamentally different framework. Unlike ERC-20, which relies heavily on smart contracts to facilitate token interactions and functionalities, BRC-20 tokens utilize the Ordinals protocol to inscribe data directly onto individual satoshis, Bitcoin's smallest unit. This innovative approach allows for the creation of fungible tokens natively on the Bitcoin blockchain without the complexities associated with smart contracts.

BRC on the ERC (BRC20) price statistics

As of December 21, 2024, the current price of the BRC20 token on DEX markets is $0.003783, with a total DEX liquidity TVL of $50,513.93. The BRC20 token trades on 1 blockchains and 1 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 1 trades (TXNS) with a trading volume of $734.03.

Frequently Asked Questions

What is the DEX daily trading volume of BRC on the ERC (BRC20)?

The total 24-hours trading volume on all DEX exchanges for BRC20 token is $734.03.

What is the DEX TVL (Total Value Locked) of BRC on the ERC (BRC20)?

The total DEX TVL of BRC on the ERC (BRC20) is $50,513.93 in the last 24 hours.

What blockchain is the token BRC20 launched on?

The BRC on the ERC BRC20 token is launched on the Ethereum.

What is the exchange rate of 1 USD to BRC20?

DEX exchange rate of 1 BRC20 to USD is $0.003783 as of 5:17 PM UTC.

How much BRC20 can I purchase with 1 USD?

Based on DEX current exchange rate, you can buy 264.29453235165346 BRC20 for 1 USD.