Is Bancor Network (BNT) halal or haram?
Not screened yet
We have not run our Shariah screening on Bancor Network yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
About Bancor? Bancor is an ecosystem of decentralized, open-source protocols that promote on-chain trading and liquidity.
The basics
- Where it lives
- token on ethereum (also on energi)
- Circulating supply
- 99,536,497 BNT
- Maximum supply
- 110,542,365 BNT
- Launched
- 2017-06-12
- Category
- Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi)
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, Bancor runs 2 product lines: Bancor V2.1 (Dexs, $15K in fees over 30 days); Bancor V3 (Dexs, $13K in fees over 30 days).
Per DefiLlama on 2026-09-23, $3K reached Bancor token holders in the last 30 days (Bancor V3 $3K). How, in DefiLlama's words: All revenue are used to buy back and burn vBNT tokens.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Read from the token's verified contract on Ethereum (0x1f573d6fb3f13d689ff844b4ce37794d79a7ff1c) on 2026-09-23: it has issue (held by the contract TokenGovernance (0xa489…c244)); what these allow is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.