NKYC Token

NKYC Token is the native exchange token of NonKYC.io, a centralized cryptocurrency exchange founded in 2023 that positions itself as a trading venue for small and medium market capitalization digital assets. The token exists primarily to reduce trading costs: holders who pay their trade fees in NKYC receive a 25% discount on those fees. The exchange describes its appeal as serving traders who want access to a broad range of smaller assets through a platform built from a proprietary codebase rather than an off-the-shelf solution.

NKYC lives on the BNB Chain and functions as a utility token within the NonKYC.io centralized exchange ecosystem. When a user opts to pay trading fees with NKYC rather than another asset, the protocol applies a 25% reduction to that fee amount. Because NonKYC.io is a centralized exchange, custody and settlement are managed by the platform rather than through a decentralized consensus mechanism, and no block time or consensus algorithm is recorded for the token itself.

The fee stream originates from traders on the NonKYC.io platform, who pay transaction fees denominated in NKYC or other accepted assets; those who use NKYC receive the 25% discount described in the project documentation. The circulating supply stands at 4,000,000 NKYC against a maximum supply of 21,000,000, meaning approximately 19.05% of the maximum supply is currently in circulation. The ratio of market capitalization to total value locked is 26.84 on a point-in-time basis, and the fully diluted valuation-to-TVL ratio is identical at 26.84, reflecting that the fully diluted valuation equals the market capitalization when the FDV-to-market-cap ratio is 1.0. No dilution overhang is recorded, meaning no additional supply is currently pending issuance beyond the existing circulating amount.