BNB Chain is the blockchain ecosystem created by Binance, consisting of BNB Beacon Chain (for governance and staking), BNB Smart Chain (BSC, an EVM-compatible smart contract platform), opBNB (a Layer 2 scaling solution), and BNB Greenfield (decentralized storage). BNB Smart Chain is one of the most widely used blockchains in crypto, known for its low transaction fees and fast block times of around 3 seconds. The chain uses a Proof of Staked Authority (PoSA) consensus mechanism that combines delegated proof-of-stake with proof-of-authority validation. BSC hosts one of the largest DeFi ecosystems including PancakeSwap, Venus Protocol, and hundreds of other decentralized applications. The ecosystem spans DeFi, GameFi, NFTs, and infrastructure projects. BNB is used for gas fees, staking, governance, and as an exchange token on Binance.

Crypto Staking

BNB holders can stake to validators through delegated staking on BNB Beacon Chain, participating in Proof of Staked Authority consensus and earning staking rewards.

DeFi

BNB Chain hosts a massive DeFi ecosystem including PancakeSwap, Venus Protocol, and hundreds of other protocols, attracting users with low fees and fast confirmation times.

EVM Blockchains

BNB Smart Chain is fully EVM-compatible, enabling seamless deployment of Solidity smart contracts and integration with Ethereum tooling, hosting one of the largest DeFi ecosystems.

L1 Blockchains

BNB Chain is a major Layer 1 blockchain ecosystem created by Binance, featuring BNB Smart Chain (BSC) with Proof of Staked Authority consensus, fast blocks, and low fees.