BNB Chain chain
Overview
BNB Chain is a blockchain network associated with Binance that comprises three components: BNB Smart Chain, an EVM-compatible smart contract platform; opBNB, an optimistic layer-2 scaling solution; and BNB Greenfield, a decentralised storage system. BNB Smart Chain, originally launched as Binance Smart Chain on 1 September 2020, operates on a Proof-of-Staked-Authority consensus mechanism, which enables block times of approximately three seconds and low transaction costs. Its compatibility with the Ethereum Virtual Machine allows Ethereum-based smart contracts and development tools to function on it with few alterations. The native token, BNB, is employed for transaction fees and staking.
Within The Counterparty graph, BNB Chain connects to 171 tracked entities, most strongly to Pendle, Safe, BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 171 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Pendle | 95% |
deployed_on | Safe | 95% |
deployed_on | BlackRock USD Institutional Digital Liquidity Fund (BUIDL) | 95% |
mentions | Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit | 95% |
deployed_on | Stader | 95% |
mentions | Aave Models $124M to $230M in Bad Debt From Kelp Exploit | 95% |
mentions | GMX Rolls Out 24/7 Gold and Silver Trading | 95% |
deployed_on | CoW Protocol | 95% |
deployed_on | ApeX Pro | 95% |
deployed_on | VanEck Treasury Fund VBILL — detailed | 95% |
Sources
Facts in this record were checked against the following. Where a claim is not covered here, the record states only what the graph holds.
The dated record
1 dated entry on file, most recent first.
- Apr 2026 Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit — Tether Commits $127.5M to Drift Protocol Recovery Plan Following $270M+ Exploit Tether announced a strategic collaboration with Drift Protocol on Thursday, April 16, to support user recovery and facil... thedefiant.io
Questions on the record
What are BNB Chain's components?
BNB Chain comprises BNB Smart Chain, opBNB and BNB Greenfield.
How fast are BNB Smart Chain blocks?
Blocks are produced approximately every three seconds, with low fees.
What consensus secures it?
The network uses Proof-of-Staked-Authority (PoSA), a variant of proof-of-stake that relies on a limited set of authority validators.