Is Kyber Network Crystal (KNC) halal or haram?
Not screened yet
We have not run our Shariah screening on Kyber Network Crystal 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
Kyber Network is a hub of liquidity protocols that aggregates liquidity from various sources to provide secure and instant transactions on any decentralized application (DApp).
The basics
- Where it lives
- token on ethereum (also on polygon-zkevm, fantom, polygon-pos, binance-smart-chain, arbitrum-one, optimistic-ethereum, avalanche, linea, zksync)
- Circulating supply
- 209,235,792 KNC
- Maximum supply
- 252,301,550 KNC
- Category
- Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi)
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, KyberSwap runs 4 product lines: KyberSwap Aggregator (DEX Aggregator, $807K in fees over 30 days); KyberSwap Classic (Dexs); KyberSwap Elastic (Dexs); KyberSwap FairFlow (Yield Aggregator).
Per DefiLlama on 2026-09-23, no revenue reached KyberSwap token holders in the last 30 days.
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 (0xdefa4e8a7bcba345f687a2f1456f5edd9ce97202) on 2026-09-23: it has mint (held by the contract DefaultExecutor (0x7d4d…d9d9)), mintWithOldKnc (held by an account we could not identify); what these allow is checked at screening. Its code can be replaced by whoever holds the upgrade power. The same coin is deployed on other chains: on BNB Chain (0xfe56d5892bdffc7bf58f2e84be1b2c32d21c308b), mint lets a single wallet key (0xa6ca…d2aa) create new tokens, with no cap in the code. Whether those are the project's own copies or an unrelated bridge's 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.