No reliable KNC price forecast exists. On 25 October 2026 Kyber Network Crystal (KNC) traded at about $0.120, according to CoinGecko. That is roughly 98% below its all-time high of $5.70 on 28 April 2022. KNC set a new all-time low of $0.0985 on 18 August 2026. It is down about 60% over the past year and about 17% over the past 30 days. A clear prediction is not possible, but you can track the specific factors that would have to change for the price to recover. They are set out below.
KNC at a glance (25 October 2026)
| Metric | Value | Source |
|---|---|---|
| Price | ~$0.120 | CoinGecko |
| Market capitalisation | ~$25.2 million | CoinGecko |
| Circulating supply | ~209.3 million KNC | CoinGecko |
| Total supply | ~241.1 million KNC | CoinGecko |
| Maximum supply | 252,301,550 KNC | CoinGecko; Kyber documentation |
| All-time high | $5.70 (28 April 2022) | CoinGecko |
| All-time low | $0.0985 (18 August 2026) | CoinGecko |
| 1-year change | about −60% | CoinGecko |
| 30-day change | about −17% | CoinGecko |
Prices move by the minute. Check a live price tracker before relying on any figure above.
What KNC is
KNC is the token of Kyber Network, which runs an on-chain DEX aggregator. When you swap tokens, the aggregator checks liquidity across many decentralised exchanges and sends the order along the route that returns the most tokens. Trades settle on-chain and users keep custody of their funds.
The current KNC is an ERC-20 token on Ethereum. Its contract is 0xdefa4e8a7bcba345f687a2f1456f5edd9ce97202, and Etherscan gives a deployment date of 12 April 2021. Bridged versions exist on several other networks, including Arbitrum One, Optimism, Polygon PoS, BNB Smart Chain, Avalanche, Linea and zkSync.
The 2021 migration and supply history
- Migration: Under governance proposal KIP-6, holders could convert the original token to the new KNC at 1:1 from 20 April 2021. The old token was renamed KNCL (KNC Legacy).
- Additional mint: KyberDAO approved minting 42,050,588 KNC for an Ecosystem Growth Fund (KIP-8 and KIP-9). The mint was completed on 15 June 2021 and raised the maximum supply to 252,301,550 KNC.
- Earlier burns: Kyber's documentation records 10,374,651.16 KNC burned after the ICO claim period. It also records 5,374,386.84 KNCL burned from the ICO until the migration, under a design that burned KNCL when trades went through the protocol.
Circulating supply has risen from about 170.5 million (Kyber's figure dated 27 October 2023) to about 209.3 million (CoinGecko, 25 October 2026). More tokens in circulation dilute holders unless demand rises at the same pace.
What holding KNC does
Kyber's documentation says KNC holders can stake in KyberDAO, vote on proposals and receive a share of protocol trading fees, with larger stakes earning a larger share. Staking tiers also set gas refund percentages.
The latest developments
- Aggregator volume (25 October 2026): DefiLlama's aggregator data shows about $5.32 billion routed through Kyber's aggregator over the previous 30 days and about $925 million over 7 days. The all-time total is about $186.8 billion.
- New all-time low (18 August 2026): KNC hit $0.0985 and has since traded around $0.10–$0.14.
KNC from migration to new low
Step through the dated events that shaped KNC's supply and price, from the 2021 token migration to 25 October 2026.
- 12 April 2021Current KNC contract deployedcompleted
Etherscan gives 12 April 2021 as the deployment date of the current ERC-20 KNC contract on Ethereum.
- 20 April 2021Migration to the new KNC openscompleted
Under governance proposal KIP-6, holders could convert the original token to the new KNC at 1:1. The old token was renamed KNCL (KNC Legacy).
- 15 June 2021Ecosystem Growth Fund mint completedcompleted
KyberDAO approved minting 42,050,588 KNC (KIP-8 and KIP-9). The mint raised the maximum supply to 252,301,550 KNC.
- 28 April 2022All-time high of $5.70completed
KNC reached its all-time high of $5.70, according to CoinGecko.
- 27 October 2023Circulating supply about 170.5 millioncompleted
Kyber's figure for circulating supply on this date was about 170.5 million KNC.
- 22 November 2023Concentrated-liquidity pools exploitedcompleted
An attacker drained Kyber's concentrated-liquidity pools. Kyber put the main category of affected assets at $48,883,930.66 and later cut its workforce by 50%.
- 18 August 2026New all-time low of $0.0985completed
KNC set a new all-time low of $0.0985 and has since traded around $0.10–$0.14.
- 25 October 2026Price about $0.120, supply about 209.3 millioncompleted
KNC traded at about $0.120 with a market cap of about $25.2 million, down about 60% over one year. About $5.32 billion was routed through Kyber's aggregator over the previous 30 days.
This lists past events only: it gives no price forecast, and it does not show whether fees will reach KNC holders or how fast supply will grow from here.
The event that still shapes the token: the November 2023 exploit
On 22 November 2023 an attacker drained Kyber's concentrated-liquidity pools. Kyber put the main category of affected assets at $48,883,930.66. CEO and co-founder Victor Tran later said the company had cut its workforce by 50%. Kyber paused its liquidity protocol work and the KyberAI project, while the aggregator and limit orders kept running. Kyber set up a treasury grant programme to cover "up to 100% of users' losses".
This matters for any price outlook. Since 2023 the project has relied mainly on its aggregator, and the token has not recovered.
What would have to change for KNC to recover
Yearly price targets tell you little. These factors are what you can actually watch:
- Value reaching the token. The aggregator routes billions of dollars a month, yet KNC's market cap is about $25 million. That gap only narrows if fees reach stakers in a meaningful way, through fee sharing, buybacks or burns. Check KyberDAO's current proposals and payouts.
- Supply growth. Circulating supply has grown by about 39 million KNC since October 2023. If it keeps rising faster than demand, that weighs on the price.
- Aggregator market share. Aggregators compete on routing quality and integrations with wallets and apps. Falling volume would weaken the case for the token.
- Wider market conditions. Small DeFi governance tokens usually follow Bitcoin and Ethereum and fall harder in risk-off periods.
- Liquidity. With a market cap around $25 million, large orders can move the price sharply in either direction.
Why yearly KNC forecasts are unreliable
Most "KNC price prediction 2026–2030" pages apply a fixed growth rate to today's price, or simply list ranges with no stated method. That says nothing about the token's fundamentals. KNC has fallen about 60% in one year, so any forecast built on a steady growth rate has already been wrong.
FAQ
What is the KNC price today?
About $0.120 on 25 October 2026, according to CoinGecko. Check a live tracker for the current figure.
What is KNC's all-time high?
$5.70, on 28 April 2022 (CoinGecko). The original token's history from 2017–2018, now KNCL, is tracked separately on some sites.
What is the KNC price prediction for 2030?
No reliable forecast exists. The outcome depends mainly on whether aggregator fees flow to KNC holders and on how fast supply grows.
Is KNC deflationary?
Not on recent figures. Circulating supply rose from about 170.5 million in October 2023 to about 209.3 million in October 2026.
What are the main risks?
Smart contract risk (shown by the 2023 exploit), falling market share, dilution from new supply, thin liquidity and general crypto market risk. Crypto assets can lose most or all of their value.
