Multichain Bridged WBNB (Avalanche C-Chain)Price(WBNB)
Details Multichain Bridged WBNB (Avalanche C-Chain) (WBNB) Price information (USD)
The current real-time price of WBNB is $11.37. In the past 24 hours, WBNB has traded between $11.26 and $11.46, showing strong market activity. The all-time high of WBNB is $298.01, and the all-time low is $10.5.
From a short-term perspective, the price change of WBNB over the past 1 hour is
Multichain Bridged WBNB (Avalanche C-Chain) (WBNB) Market Information
Multichain Bridged WBNB (Avalanche C-Chain) (WBNB) Today's Price
The live price of WBNB today is $11.37, with a current market cap of $56,362.17. The 24-hour trading volume is 8.71. The price of WBNB to USD is updated in real time.
Multichain Bridged WBNB (Avalanche C-Chain) (WBNB) Price History (USD)
What is MULTICHAIN BRIDGED WBNB (AVALANCHE C-CHAIN) (WBNB)?
When is the right time to buy WBNB? Should I buy or sell WBNB now?
Before deciding whether to buy or sell WBNB, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s WBNB technical analysis can provide you with trading references.
Future price trend of WBNB
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for WBNB.
How much will WBNB be worth tomorrow, next week, or next month in ? What about your WBNB assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! WBNB Price Prediction
How to buy MULTICHAIN BRIDGED WBNB (AVALANCHE C-CHAIN) (WBNB)
Convert WBNB to local currency
WBNB Resources
To learn more about WBNB, consider exploring other resources such as the whitepaper, official website, and other published information:
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MULTICHAIN BRIDGED WBNB (AVALANCHE C-CHAIN) (WBNB) FAQ
Why is the price of Multichain Bridged WBNB on Avalanche significantly lower than actual BNB?
This token is currently depegged from the value of actual BNB. The collateral intended to back these tokens was held in Multichain’s vaults. Because the bridge is defunct and the underlying assets are inaccessible or were moved without authorization, the token on the Avalanche network lacks the necessary backing to maintain its value. It is now considered an unbacked asset.
What happened to the Multichain project?
The protocol collapsed in mid-2023 following a series of critical failures. The CEO was arrested by authorities, and since he held sole control over the bridge's security keys, the team lost access to essential servers and funds. Subsequently, unauthorized fund movements occurred, leading the team to officially cease operations because they could no longer maintain the infrastructure or secure the collateral.
Is it still possible to bridge Multichain WBNB back to the BNB Smart Chain (BSC)?
No, the Multichain bridge is permanently offline. The bridge relied on centralized access controlled by the protocol's leadership, which is no longer available. Consequently, the cross-chain functionality is broken, and assets issued through this specific bridge are currently trapped on the Avalanche C-Chain with no official way to move them back to their native network.
Is there any way for holders to recover the value of these tokens?
Recovery options are extremely limited. While users can attempt to swap the tokens on decentralized exchanges on Avalanche or check for available liquidity on platforms like LBank, liquidity for these specific bridged assets has largely disappeared. There are currently no official compensation funds or recovery bridges established. Holders should be cautious of any services claiming they can unlock these funds for a fee, as these are typically scams.
How can I distinguish between safe versions of WBNB and the Multichain-issued version?
The most reliable way is to verify the token's contract address. The Multichain version uses the specific address 0x264c1383ea520f73dd837f915ef3a732e204a493. To avoid high-risk assets, users should only interact with tokens issued through official bridges or trade on reputable platforms like LBank. Always verify the issuer and contract details before completing any transaction.
Is the Avalanche network responsible for the loss of value in these tokens?
No. The Avalanche network serves as the host blockchain, but Multichain Bridged WBNB was a product created and managed by a third-party bridge protocol. Neither the Avalanche Foundation nor its developers have control over third-party smart contracts or the collateral held by the Multichain team. The responsibility for the bridge's failure and the loss of backing lies solely with the Multichain protocol.
