Ankr Network (ANKR)

Ankr is a Web3 infrastructure company providing decentralized RPC node services, liquid staking products, and developer APIs across 50+ blockchains — processing over 30 billion RPC requests per month and serving as the backend infrastructure for thousands of dApp developers who need reliable access to blockchain nodes without running their own. ANKR is the protocol’s utility token used for paying for premium API tiers, staking in the ANKR Earn liquid staking products, and governance. Ankr’s liquid staking products (ankrETH, ankrBNB, etc.) are interest-bearing tokens representing staked positions that can be used in DeFi.


Stat Value
Ticker ANKR
Price $0.01
Market Cap $54.21M
24h Change +3.6%
Circulating Supply 10.00B ANKR
Max Supply 10.00B ANKR
All-Time High $0.21
Contract (Ethereum) 0x8290...edd4
Contract (Polygon Zkevm) 0xdf47...36b2
Contract (Linea) 0xa8ae...ef8c
Contract (Fantom) 0xdf47...36b2
Contract (Scroll) 0xdf47...36b2
Contract (Mode) 0xdf47...36b2
Contract (Polygon Pos) 0x101a...9c35
Contract (Binance Smart Chain) 0xf307...08e3
Contract (Blast) 0x3580...1241
Contract (Arbitrum One) 0xaeae...e861
Contract (Optimistic Ethereum) 0xaeae...e861
Contract (Avalanche) 0xdf47...36b2

via ChangeNow · T&CsPrice data from CoinGecko as of 2026-04-17. Not financial advice.

How It Works

RPC infrastructure:

Ankr operates thousands of node endpoints across Ethereum, BNB Chain, Polygon, Avalanche, Solana, and 45+ other chains. Developers query https://rpc.ankr.com/eth (for example) instead of running their own nodes. Free tier + premium paid tiers in ANKR.

Liquid staking:

Ankr’s staking products let users stake ETH, BNB, AVAX, etc. and receive liquid tokens:

  • ankrETH — Liquid staked ETH (interest-bearing, 1 ankrETH ≠ 1 ETH; ratio increases over time)
  • ankrBNB — Liquid staked BNB

These tokens can be used in DeFi while earning staking rewards.

Ankr Earn:

A hub for staking across chains, offering yield optimization and liquid staking positions managed by Ankr’s validator infrastructure.

AppChains:

Ankr provides infrastructure for launching application-specific blockchains (BNB AppChains, Polygon supernets) with dedicated RPC and validator management.

Tokenomics

Metric Value
Max Supply 10,000,000,000 ANKR
Circulating ~8.5B ANKR
Payment ANKR pays for premium RPC API access
Staking incentives ANKR rewards in various programs
ATH ~$0.21 (March 2021)

Use Cases

  • RPC payment — ANKR tokens pay for premium node API access tiers
  • Liquid staking — Stake ETH/BNB and get ankrETH/ankrBNB interest-bearing tokens
  • Governance — ANKR holders vote on protocol upgrades
  • Node operation — Validators run ANKR’s node infrastructure

History

  • 2017 — Ankr founded at UC Berkeley by Chandler Song and Ryan Fang
  • Sep 2018 — ANKR token launches on Binance Launchpad; raises $25M
  • 2020 — Ankr launches decentralized node marketplace
  • 2021 — Liquid staking products launch; ANKR ATH ~$0.21; major RPC expansion
  • 2022 — Ankr hack: developer private key compromised; ankrBNB depegged temporarily; $5M exploit patched
  • 2022–2023 — Recovery; infrastructure expansion; BNB AppChain partnerships
  • 2024 — 30B+ monthly RPC requests; major Web3 infrastructure position maintained

Common Misconceptions

“ANKR is just a staking platform.” Ankr’s largest product by usage is its RPC node service — most developers encounter Ankr as a node endpoint provider, not primarily as a staking platform.

“The 2022 hack means Ankr is compromised.” A single developer key was compromised, not the protocol itself. Ankr patched the vulnerability and compensated affected users. The protocol design was not fundamentally broken.


Social Media Sentiment

ANKR is moderately followed in the DeFi and Web3 infrastructure community. On X/Twitter, Ankr’s RPC services and liquid staking products (ankrETH, ankrBNB) attract developer attention. The December 2022 hack — where a compromised developer key allowed minting of 6 quadrillion aBNBc tokens — is frequently mentioned as a cautionary tale about key management. Ankr’s compensation of affected users is viewed positively. Retail communities discuss ANKR mainly in the context of staking yield and multi-chain RPC availability.

Last updated: 2026-04

See Also


Sources