Lorenzo Protocol (BANK) Debuts on Bithumb: A New BTCfi Player Enters the Arena

Lorenzo Protocol (BANK), a token at the intersection of Bitcoin finance (BTCfi) and liquid staking derivatives on BNB Smart Chain, has been listed on Bithumb's spot market. This tier-1 listing adds a major South Korean exchange to BANK's growing roster of trading venues, following its earlier Binance spot listing in November 2025.

What Happened & Market Context

Bithumb announced the addition of BANK to its spot trading pairs on July 27, 2026, at a reference price of approximately $0.3733. The token, which launched in April 2025, has experienced significant price volatility in recent days. According to price alerts, BANK saw sharp intraday spikes of over 7% in one hour on July 18, followed by corrections of roughly 8–10% over 6- to 12-hour windows on both Binance and Gate futures. This pattern suggests active short-term trading and potential profit-taking after the exchange listing news.

BANK's ecosystem is built around Lorenzo Protocol, which aims to bring Bitcoin liquidity to DeFi through liquid staking derivatives. The project is backed by a Binance Wallet IDO and has been tagged across multiple categories including Asset Management, Yield Farming, and the broader Binance Ecosystem. Its total supply is capped at 577.5 million tokens, with approximately 526.8 million currently in circulation.

Token Snapshot

• Symbol: BANK
• Name: Lorenzo Protocol
• Platform: BNB Smart Chain (BEP-20)
• Contract Address: 0x3AeE7602b612de36088F3ffEd8c8f10E86EbF2bF
• Circulating Supply: ~526,800,820 BANK
• Total Supply: 577,500,000 BANK
• 24h Trading Volume: $8.35 million (across 119 markets)
• Tags: BTCfi, Liquid Staking Derivatives, DeFi, Yield Farming, Binance Ecosystem

Note: The self-reported circulating supply is 425,250,000 BANK, which differs from on-chain data. Always verify supply figures via the official explorer.

Risk Notes

Trading newly listed tokens carries elevated risks. BANK has experienced sharp price swings, including double-digit drops within hours. The token's price history shows both rapid spikes and corrections, which may indicate low liquidity depth or concentrated holder activity. Additionally, the project's reliance on the BNB Chain and Bitcoin ecosystem exposes it to network-specific risks and regulatory developments. As with any altcoin, due diligence on the project's fundamentals and team is essential.

Where to Trade

BANK is now tradable on Bithumb spot market. For automated trading strategies and real-time alerts, consider using our dedicated bot.

Trade with our bot