Represents the $BANK symbol of the economic heart of the Lorenzo Protocol, which is an institutional-grade on-chain asset management platform launched in April 2025. With a fixed total supply of 2.1 billion tokens — a clever nod to Bitcoin's cap of 21 million but in a format suitable for widespread use — $BANK is designed to perform multiple roles including governance, incentivization, and actual participation in the ecosystem.
tokenomics structure
By December 2025, the circulating supply is approximately 527 million tokens, placing the fully diluted market cap (FDV) near $78 million at prices around $0.0375.
About 425 million tokens were minted at launch, distributed among:
community drops (about 8% of the supply)
IDO sales via Binance Wallet
initial liquidity and incentive rewards
This distribution reduces the risks of future inflation, as a significant portion of the supply is already in circulation.
core uses: governance and yield enhancement
The core use of BANK is staking to obtain veBANK, a locked voting model that grants:
enhancement in treasury yields
fee reduction
real voting rights within the protocol
Through veBANK, users participate in strategic decisions such as:
setting yield strategy parameters
approval of partnerships
formation of OTFs
integration of real-world assets (RWA)
This model, inspired by successful protocols like Curve, aligns token holders' interests with the long-term success of the protocol.
value capture and yields
BANK's role is not limited to governance, but also participates in economic value aggregation.
protocol revenues generated from:
management of OTFs
bridges
yield aggregation
A portion of it is directed to token holders participating in staking.
Early community initiatives — such as airdrops linked to holding stBTC / enzoBTC and participation in testnets — contributed to the distribution of millions of tokens to enhance initial engagement.
market performance
The token has experienced clear volatility but carries positive signals.
After launch, BANK recorded its highest price at $0.233 in October 2025 before correcting with the broader market.
The average daily trading volume often exceeds $6 million, with the token listed on major platforms such as Binance and HTX in addition to decentralized platforms.
The low FDV compared to the total value locked in the protocol (over $467 million) has led many analysts to consider the token undervalued, especially with its direct exposure to Bitcoin liquidity and the growing RWA trend.
ecosystem support
The Lorenzo system enhances demand for BANK from multiple angles:
BTC staking generates points convertible to tokens
OTFs like USD1+ reward participants
strategic partnerships, notably with World Liberty Financial for the launch of USD1+, attracting institutional flows that increase revenues and thus the token's value indirectly
outlook and risks
The outlook for BANK depends on Lorenzo's expansion in:
Bitcoin-based DeFi
tokenization of real-world assets (RWA)
multi-chain expansion
integrating AI through CeDeFAI models
Positive scenarios assume a price increase with TVL growth and broader governance activation.
Conversely, risks include:
competition from established protocols
regulatory auditing on RWAs
cryptocurrency market cycles
summary
BANK embodies a real utility token model within a high TVL protocol, making it attractive to investors seeking passive yields, governance influence, and exposure to advanced institutional DeFi infrastructure.
As the Lorenzo Protocol matures, it may become a pivotal element in the next wave of on-chain finance.
