Band

Band is an oracle network that acts as a data layer connecting real-world and off-chain information to blockchain applications and artificial intelligence systems. It claims to address the problem of smart contracts and AI agents being unable to reliably access external data, such as asset prices or real-time feeds, without relying on a single trusted party. Developers building decentralized finance protocols, games, and AI-powered applications are its primary intended users.

Band aggregates data from external sources and delivers it to blockchains through a decentralized network of validators who stake and earn BAND tokens, creating an economic incentive to report accurately. The BAND token is used within the system for staking, governance, and compensating data providers, and the protocol operates across multiple ecosystems including Ethereum, Fantom, Osmosis, and others listed in its category set. No consensus algorithm or block time detail is stored for this asset beyond a recorded block time of zero, so a fuller mechanical description is not available from the data on hand.

The stored data does not include a fee revenue figure, so it is not possible to characterize who pays fees, who receives them, or what the protocol retains in monetary terms. The absence of a fee stream in the data means that fee-based measures commonly used to assess protocol sustainability cannot be calculated or presented for Band on this site. What the data does show is that approximately 99.95 percent of supply has already been issued on a point-in-time basis, with a dilution overhang of roughly 0.049 percent and an FDV-to-market-cap ratio of 1.000486, meaning the fully diluted valuation is nearly identical to the current market capitalization.