Price change (24h):
8.64%
High (24h):
$241.94
Low (24h):
$207.66
Volume (24h):
$3.63K
Market Cap:
$37.96M
All Time High:
97.12% $8356.80
Nov 8, 2021
All Time Low:
73% $138.86
Jan 23, 2022
Snowbank
SB7.02 %(1Y)
$237.79
About Snowbank
Snowbank (SB) is a cryptocurrency operating as a decentralized reserve currency protocol on the Avalanche Network. It replicates the Olympus DAO model, branding itself a vanilla OHM fork engineered for an Avalanche-specific asset basket.
The protocol dismantles conventional liquidity mining fragility. A treasury of multiple collateral types, including MIM stablecoins and SB-AVAX liquidity pool tokens, backs every unit of SB, enforcing a hard price floor no market action can breach. Minting and staking mechanics inject constant game-theoretic pressure that realigns supply with demand absent any central authority.
Snowbank operates on the Avalanche C-Chain network. That execution layer furnishes Ethereum Virtual Machine compatibility and sub-second finality, anchoring the protocol’s token logic within a high-throughput environment suited to rapid rebasing operations.
SB conforms to the ERC-20 standard deployed natively on Avalanche, while its supply algorithm introduces a rebase function. Each positive rebase expands all staked wallets proportionally; negative rebases contract them when conditions dictate. The token’s treasury draws collateral from MIM, SB-AVAX LP receipts, and other yield-generating instruments, creating a composable backing structure that rejects a fixed peg.
No identifiable founders appear in the record. Snowbank surfaced as a community-forked iteration of the Olympus framework, transplanted directly onto Avalanche during a period of rapid DeFi experimentation. Its existence stems from an open-source lineage, not a centralized team.
The mission moves beyond pegged stablecoins. Snowbank aims to function as a non-pegged, fully collateralized unit of account whose value springs exclusively from its reserve assets and algorithmic supply governance. Fiat dependency evaporates. The protocol aspires to become a self-sustaining monetary layer where trust lives in on-chain reserves rather than external custodians.
SB operates as the primary vector for earning protocol emissions. Stakers lock tokens and see their balances adjust automatically at every rebase epoch, capturing a yield that compounds without manual claims. The token doubles as the settlement unit for bond purchases: depositors hand over reserve assets and receive newly minted SB at a calculated discount, deepening treasury depth.
Liquidity providers funnel MIM or dual-asset LP shares into bonding contracts to acquire discounted SB, then stake the resulting position to generate compounding rewards. Arbitrageurs trade the secondary market when the token price drifts above or below the treasury-backed intrinsic value, restoring equilibrium. Governance participants lock SB to steer DAO parameter shifts, including bond vesting lengths and reserve composition thresholds.
Snowbank (SB) has a maximum supply of 42,530.00 tokens. Currently, 159,640.03 are in circulation. With a market capitalization of $34,889,966.00, Snowbank ranks #607 among all cryptocurrencies.
Snowbank Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $216.33 | $225.80 | $226.12 | $207.66 |
| 07/07/2026 | $219.56 | $216.42 | $222.59 | $214.22 |
| 06/07/2026 | $227.84 | $219.70 | $227.84 | $216.39 |
| 05/07/2026 | $252.93 | $228.05 | $257.65 | $221.57 |
| 04/07/2026 | $261.30 | $252.77 | $263.84 | $247.62 |
| 03/07/2026 | $243.58 | $259.90 | $261.71 | $243.31 |
| 02/07/2026 | $232.02 | $244.39 | $244.39 | $225.08 |
| 01/07/2026 | $226.87 | $231.54 | $234.15 | $226.01 |
Why is manual trading Snowbank a bad idea?
Manual sb trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Snowbank (SB) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live SB price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Snowbank (SB) is $237.79. Over the last 24 hours, it has moved 8.64%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Snowbank on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your SB investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Snowbank's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - SB can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Snowbank is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. SB can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
