Bankless BED Index (BED): Uses, Supply and Risks

Bankless BED Index (BED) is an index-style crypto asset associated with the Bankless BED Index. Its categories include crypto indexes, decentralized finance and the TokenSets ecosystem. These labels indicate the project’s general area, but they do not explain which assets the index represents or how its value is calculated. Public sources do not specify the index’s components, rebalancing rules or whether holding BED gives holders rights beyond owning the token.

BED may be relevant to people researching tokenized index products or the Ethereum and Polygon DeFi ecosystems. Before relying on it as a way to represent a particular basket of assets, check the project’s current documentation for its holdings and mechanics. Do not assume that the index tracks a specific market segment based on its name alone.

BED’s reported circulating and total supply were both about 4,259.18 tokens as of 2026-11-05. No maximum supply is reported, so there is no stated cap to cite. Supply figures can change, and the absence of a reported maximum does not by itself explain whether new tokens can be created or how issuance is controlled; check the token’s documentation and contract details for those rules.

On 2026-11-05, BED was priced at about $103.63, with a market capitalization of roughly $441,000 and 24-hour trading volume of about $3,400. These are time-sensitive figures, not a valuation forecast. The price has also moved substantially over its history: the reported all-time high was about $198.73 on 2021-11-10, and the reported low was about $36.64 on 2022-06-18. Past prices do not indicate future performance.

BED is issued on Ethereum and Polygon, and is not listed as the native token of either chain. Because both networks use EVM-compatible tokens, a compatible wallet may be able to hold BED, but support depends on the wallet and the specific token contract. A token appearing in a wallet does not establish that it is genuine or that it can be traded safely.

Before adding BED, confirm the correct network and contract address through official Bankless BED Index materials. Do not rely on a token name or ticker alone: unrelated tokens can use the same label. Keep wallet recovery phrases and private keys offline and private, and never share them to receive, verify or store tokens. Sending BED on the wrong network or to an incompatible address can result in permanent loss.

BED carries the risks of a crypto asset and an index-style product. Its market price can fall, and a token’s value may not match a holder’s expectations about the index unless its composition, valuation method and operating rules are clear. Public sources do not establish the index’s holdings, governance arrangements, redemption process or protections for token holders; research these points before interacting with it.

Trading activity was limited in the figures reported for 2026-11-05, with 24-hour volume of about $3,400. Low activity can make it harder to buy or sell at a desired price and may increase price swings. Smart-contract bugs, network issues, scams and mistakes when transferring or storing tokens are additional risks. Only use funds you can afford to lose, and do not treat historical performance as a reliable guide to future results.