$BSB raised $11.5 million and is now just 3% above its all-time low
The current price is $0.0701, down 4.17% over 24 hours and about 96.5% from its May 20 all-time high of $1.99. Its all-time low of $0.067962 was set just yesterday, on November 14, putting the current price only about 3% above it.
What the project does: Block Street is building a unified liquidity layer for on-chain tokenized stocks and RWA. Its Aqua routing system and Everest leverage engine aim to bring trading and lending in assets like U.S. stocks on-chain. $BSB is its governance and utility token, with a total supply of 1 billion. In October 2025, it completed an $11.5 million funding round led by Hack VC. In March 2026, it was listed on Binance Alpha, Bybit, and Bitget, followed by Upbit on August 7.
Why look at it now: Not because of positive news, but because of where the price is. It just hit an all-time low on November 14, and is down 18.79% over 7 days and 19.61% over 30 days, underperforming the broader market. The market is also down: $BTC $64,598 (-1.85%), ETH at $1,815.96 (-1.17%), and SOL at $71.58 (-1.31%). But $BSB is falling while hovering near its all-time low.
The numbers: Perpetual price is $0.0701, with a 24-hour range of $0.06673–$0.07339. Perpetuals trading volume was about $2.28 million over 24 hours. Open interest is 48.87 million tokens, worth about $3.43 million. The funding rate is +0.0050%/8h, essentially neutral, with the next settlement at 04:00 CST. Market cap is about $18 million and FDV about $70 million. Circulating supply is 257 million tokens, around 26% of the total.
The risks, plainly stated: Only about 26% of the total supply is circulating, leaving nearly three-quarters of the tokens unreleased; future unlocks pose a long-term supply overhang. The product has also drawn skepticism: one analysis notes that the flagship product has seen only about $2 million in trading volume to date, with most actual volume coming from perpetual contracts rather than the product itself. Institutional adoption has yet to materialize. Market cap is under $18 million and daily perpetuals volume is only about $2.28 million, meaning liquidity is thin and volatility can be amplified.
What to watch next: Will the $0.06796 all-time low hold? How will open interest change after the 04:00 CST funding settlement? Will there be new product volume or partnerships in the tokenized stocks sector?
For a coin hovering near its all-time low, would you wait for signs of stabilization or move on?
For informational purposes only; this is not investment advice.
The current price is $0.0701, down 4.17% over 24 hours and about 96.5% from its May 20 all-time high of $1.99. Its all-time low of $0.067962 was set just yesterday, on November 14, putting the current price only about 3% above it.
What the project does: Block Street is building a unified liquidity layer for on-chain tokenized stocks and RWA. Its Aqua routing system and Everest leverage engine aim to bring trading and lending in assets like U.S. stocks on-chain. $BSB is its governance and utility token, with a total supply of 1 billion. In October 2025, it completed an $11.5 million funding round led by Hack VC. In March 2026, it was listed on Binance Alpha, Bybit, and Bitget, followed by Upbit on August 7.
Why look at it now: Not because of positive news, but because of where the price is. It just hit an all-time low on November 14, and is down 18.79% over 7 days and 19.61% over 30 days, underperforming the broader market. The market is also down: $BTC $64,598 (-1.85%), ETH at $1,815.96 (-1.17%), and SOL at $71.58 (-1.31%). But $BSB is falling while hovering near its all-time low.
The numbers: Perpetual price is $0.0701, with a 24-hour range of $0.06673–$0.07339. Perpetuals trading volume was about $2.28 million over 24 hours. Open interest is 48.87 million tokens, worth about $3.43 million. The funding rate is +0.0050%/8h, essentially neutral, with the next settlement at 04:00 CST. Market cap is about $18 million and FDV about $70 million. Circulating supply is 257 million tokens, around 26% of the total.
The risks, plainly stated: Only about 26% of the total supply is circulating, leaving nearly three-quarters of the tokens unreleased; future unlocks pose a long-term supply overhang. The product has also drawn skepticism: one analysis notes that the flagship product has seen only about $2 million in trading volume to date, with most actual volume coming from perpetual contracts rather than the product itself. Institutional adoption has yet to materialize. Market cap is under $18 million and daily perpetuals volume is only about $2.28 million, meaning liquidity is thin and volatility can be amplified.
What to watch next: Will the $0.06796 all-time low hold? How will open interest change after the 04:00 CST funding settlement? Will there be new product volume or partnerships in the tokenized stocks sector?
For a coin hovering near its all-time low, would you wait for signs of stabilization or move on?
For informational purposes only; this is not investment advice.
