BonfidaPrice(FIDA)
Details Bonfida (FIDA) Price information (USD)
The current real-time price of FIDA is $0.0159. In the past 24 hours, FIDA has traded between $0.0130 and $0.0168, showing strong market activity. The all-time high of FIDA is $18.77, and the all-time low is $0.0122.
From a short-term perspective, the price change of FIDA over the past 1 hour is
Bonfida (FIDA) Market Information
Bonfida (FIDA) Today's Price
The live price of FIDA today is $0.0159, with a current market cap of $15.755M. The 24-hour trading volume is 24M. The price of FIDA to USD is updated in real time.
Bonfida (FIDA) Price History (USD)
What is BONFIDA (FIDA)?
When is the right time to buy FIDA? Should I buy or sell FIDA now?
Before deciding whether to buy or sell FIDA, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s FIDA technical analysis can provide you with trading references.
Future price trend of FIDA
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for FIDA.
How much will FIDA be worth tomorrow, next week, or next month in ? What about your FIDA assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! FIDA Price Prediction
How to buy BONFIDA (FIDA)
Convert FIDA to local currency
FIDA Resources
To learn more about FIDA, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
solana | 9WzDXw...YtAWWM  | 349.927M | 35.31% |
solana | 6b4ayp...TQJfQA | 249.525M | 25.18% |
solana | 8HUWJo...nUQ1kC | 67.500M | 6.81% |
solana | AEpdbR...N6KtCo | 43.602M | 4.4% |
solana | AC5RDf...CWjtW2 | 40.269M | 4.06% |
Other | 240.085M | 24.23% |
Hot Events
BONFIDA (FIDA) FAQ
What is the Solana Name Service (SNS)?
The Solana Name Service (SNS) is Bonfida’s flagship product, designed to simplify decentralized identity on the Solana blockchain. It allows users to create human-readable names, such as `yourname.sol`, which act as memorable aliases for complex Solana wallet addresses. This makes sending, receiving, and interacting within the Solana ecosystem significantly more user-friendly, establishing a foundational layer for Web3 identity.
Do `.sol` domains have annual renewal fees?
No, one of the key advantages of Bonfida’s `.sol` domains is that they are typically a one-time purchase. Unlike some other naming services that require recurring annual payments, when you acquire a `.sol` domain through the Solana Name Service, you generally own it for a lifetime without any subsequent renewal fees. This model provides permanent ownership for your decentralized identity on Solana.
Can I sell or transfer my `.sol` domain?
Yes, absolutely. Every `.sol` domain registered through the Solana Name Service is minted as a unique Non-Fungible Token (NFT) on the Solana blockchain. This NFT representation means that your domain is a digital asset you can own, list for sale on NFT secondary marketplaces, or transfer directly to another Solana wallet. Additionally, users can, in certain circumstances, 'burn' a domain to recover the initial SOL deposit used for its registration.
What is the difference between FIDA and the SNS token?
Following a major governance shift in May 2025, FIDA and the newer SNS token serve distinct purposes. FIDA remains the primary utility token for the broader Bonfida ecosystem, used for staking, securing fee discounts across various services, and accessing bot services. The SNS token, on the other hand, was specifically launched to govern the decentralized Solana Name Service protocol itself, allowing its holders to participate in voting on protocol-specific upgrades and parameters for the naming service.
Is FIDA being replaced?
No, FIDA is not being replaced. Despite the introduction of the SNS token for specific protocol governance, FIDA continues to be the primary utility token for the broader Bonfida ecosystem. It still governs 95% of the net fees generated by Bonfida’s services and is actively used in the 'buy and burn' mechanism to reduce its supply. FIDA holders also benefit from staking rewards, significant fee discounts, and access to advanced tools, reinforcing its long-term value and utility.
How does the 'Buy and Burn' mechanism work?
The 'Buy and Burn' mechanism is a deflationary strategy employed by Bonfida for the FIDA token. A portion of the fees generated from Bonfida's various services, including Solana Name Service domain registrations, is used to periodically buy back FIDA tokens from the open market. These acquired FIDA tokens are then permanently removed from circulation by sending them to a burn address, reducing the total supply. This process aims to create scarcity and potentially increase the value of the remaining FIDA tokens.
