# Bancor

By [cosmon.eth](https://paragraph.com/@cosmon) · 2022-03-19

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Bancor is the first decentralized trading protocol, empowering traders, liquidity providers & developers to participate in an open financial marketplace with no barriers to entry. No one needs permission to use the open-source Bancor Protocol.

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*Originally published on [cosmon.eth](https://paragraph.com/@cosmon/bancor)*