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- Snowbank
| Token | Price $ | Age | TVL | MKT CAP | TXNS | Vol | 5m | 1h | 4h | 24h | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | $221.02 | 1,605 days 6 hr 10 min | $6.9K | $35.3M | 52 | $58.82 | 0% | -0.42% | -0.19% | -0.32% | ||
What is Snowbank (SB)?
Snowbank (SB) is a decentralized reserve currency protocol operating on the Avalanche Network, designed to provide a stable and secure asset for users within the cryptocurrency ecosystem. The core of Snowbank's functionality lies in its SB token, which is intrinsically valuable as it is backed by a diverse basket of assets held in the Snowbank DAO treasury. This backing includes various cryptocurrencies and liquidity pool tokens, ensuring that the value of SB cannot fall below a certain threshold, thereby offering a level of security to investors. The Snowbank protocol incorporates innovative economic and game-theoretic principles that enhance its appeal. Users can engage in staking and minting activities, allowing them to earn rewards while contributing to the overall stability and growth of the platform. The staking mechanism incentivizes users to lock their tokens, which not only supports the token's price but also promotes a strong community around the project. Snowbank's governance is managed through a decentralized autonomous organization (DAO), which empowers SB token holders to participate in decision-making processes regarding the protocol's future developments and adjustments.
Snowbank (SB) price statistics
As of April 1, 2026, the current price of the SB token on DEX markets is $227.27, with a total DEX liquidity TVL of $7,135.08. The SB token trades on 1 blockchains and 10 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 275 trades (TXNS) with a trading volume of $1,238.07.
Frequently Asked Questions
What is the DEX daily trading volume of Snowbank (SB)?
The total 24-hours trading volume on all DEX exchanges for SB token is $1,238.07.
What is the DEX TVL (Total Value Locked) of Snowbank (SB)?
The total DEX TVL of Snowbank (SB) is $12,664.68 in the last 24 hours.
What blockchain is the token SB launched on?
The Snowbank SB token is launched on the Avalanche.
What is the exchange rate of 1 USD to SB?
DEX exchange rate of 1 SB to USD is $221.02 as of 9:51 AM UTC.
How much SB can I purchase with 1 USD?
Based on DEX current exchange rate, you can buy 0.004524323580749752 SB for 1 USD.
Hack Awards
2017
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2022
Backers
2017-19
