BNB Chain chain
Overview
The blockchain network BNB Chain, linked to the exchange Binance, consists of three components: BNB Smart Chain, the opBNB layer-2 scaling solution, and BNB Greenfield, a decentralized storage system. Originally introduced as Binance Smart Chain on 1 September 2020, BNB Smart Chain is compatible with the Ethereum Virtual Machine, enabling the reuse of Ethereum smart contracts and development tools. Its consensus mechanism is Proof-of-Staked-Authority, which relies on a restricted group of validators. The network achieves block finality in approximately three seconds and maintains low transaction costs. BNB serves as the native asset, utilized for transaction fees and staking.
Within The Counterparty graph, BNB Chain connects to 24 tracked entities, most strongly to BNB, PancakeSwap, VanEck Treasury Fund (VBILL).
Relations
Top connections in The Counterparty knowledge graph (confidence-weighted, 10 of 24 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | BNB | 99% |
deployed_on | PancakeSwap | 95% |
deployed_on | VanEck Treasury Fund (VBILL) | 95% |
deployed_on | Thena | 95% |
deployed_on | Pendle | 90% |
deployed_on | Uniswap | 90% |
runs_on | BlackRock USD Institutional Digital Liquidity Fund (BUIDL) | 90% |
deployed_on | Franklin OnChain US Government Money Fund (FOBXX) | 90% |
deployed_on | Uniswap V3 | 85% |
deployed_on | Uniswap V4 | 85% |
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.
In the wire
3 items in the current window name this counterparty. Headlines are the publishers' own.
- 2026-07-22 Algorithmic Stablecoin BLC Tumbles More Than 99% After Hack - bloomingbit en.bloomingbit.io
- 2026-07-22 Balance Coin crashes 99% after reported $915K 42DAO exploit crypto_news_dot
- 2026-07-21 Privacy Cash adds support for the BNB Chain network binance_intel
Questions on the record
What is BNB used for?
BNB is the native token of BNB Chain and is employed for transaction fees and staking within that ecosystem.
What consensus does BNB Smart Chain use?
BNB Smart Chain operates on Proof-of-Staked-Authority (PoSA), a mechanism that merges staking with a permissioned validator set and generates blocks approximately every three seconds.