June 16, 2021, 5:10AM EDT
• 10 min read

Bancor v2.1: a single-sided automated market maker

Quick Take

  • Bancor v2.1 is an automated market maker that enables liquidity provision with single-sided exposure
  • Their impermanent loss insurance fund protects long-term liquidity providers from the impermanent loss at the expense of BNT token holders
  • Bancor’s growth in total value locked and volume is significant but still behind their main competitors, such as Uniswap and SushiSwap

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here