# Bean (BEAN)

> The practicality of using Decentralized Finance is limited by the lack of a decentralized, collateral-free stablecoin. Borrowing rates on USD stablecoins remain excessively high, even as supply increases rapidly. Supply cannot meet demand due to collateral requirements.

Beanstalk uses credit instead of collateral to create a decentralized, liquid, blockchain-native asset, which is stable relative to the value of a non-blockchain-native asset.

Beanstalk creates protocol-native financial incentives to encourage participation in peg maintenance and governance without requiring any action from everyday Bean users.

## Price Data

- **Current Price**: $0.002197
- **Market Cap**: $157.66K
- **Fully Diluted Valuation**: $157.66K
- **Circulating Supply**: 71.76M BEAN
- **Total Supply**: 71.76M BEAN

## Price Changes

- **24h**: -0.00%
- **30d**: -0.04%
- **90d**: +0.17%
- **365d**: -0.42%

## Chain Availability

Available on: ethereum

## Resources

- [Website](https://bean.money/)
- [Discord](https://discord.com/invite/y4cJNv5DTM)
- [Coingecko](https://www.coingecko.com/en/coins/bean)

## Links

- [View on Zerion](https://app.zerion.io/tokens/BEAN-0xdc59ac4fefa32293a95889dc396682858d52e5db)
- [Trade on Zerion](https://app.zerion.io/tokens/BEAN-0xdc59ac4fefa32293a95889dc396682858d52e5db)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset