Kyber Network posts market cap of $1bln
With more than 177.8 million Kyber Network Crystals (KNC), Kyber Network’s market capitalization has reached $1 billion. This is the third Vietnamese blockchain project to achieve market capitalization of $1 billion, after Axie Infinity and Coin98. Kyber Network is a decentralized exchange model that can help customers execute trades instantly without waiting for the corresponding reverse order match.
![Photo: Illustration](https://media.vneconomy.vn/w800/images/upload/2022/05/04/kyber-network.jpg)