Liquidity providers deposit funds into Buffer Finance and receive trading fees from binary options traders (supply-side fees).

Buffer Finance is a non-custodial binary options exchange built on Arbitrum and Polygon. Buffer Finance was founded by an anonymous team and launched in 2021.

BFR token holders own and govern the protocol. They currently take a cut of the total trading fees paid by binary options traders (revenue).

github

twitter

discord

etherscan

website

Derivative exchanges

Buffer Finance

# Buffer Finance Maximum token supply Methodology

## 1. Overview

The Buffer Finance token supply maximum metric represents the total maximum number of tokens that can ever exist for the Buffer Finance protocol. This is a protocol-defined constant rather than a calculated metric, representing the hard cap on token supply that was established at the protocol's launch. The metric answers the question: "What is the theoretical maximum number of Buffer Finance tokens that can ever be in circulation?"

## 2. Data sources

This metric does not rely on blockchain transaction data or external price feeds. Instead, it uses:
- **Protocol specifications**: The maximum token supply defined in Buffer Finance's token contract and protocol documentation
- **Token deployment parameters**: The hardcoded supply limit established when the Buffer Finance token was initially deployed
- **Launch date information**: The official launch timestamp of the Buffer Finance protocol on September 22, 2022

## 3. Step-by-step calculation

### Component A: Maximum supply definition
- **Purpose**: Establishes the protocol-defined maximum token supply as a constant value
- **Logic**: The maximum supply is set as exactly 100,000,000 tokens, which represents the hard cap defined in the Buffer Finance token contract. This value was determined by the protocol developers and embedded in the smart contract code at deployment
- **Key fields**: The `token_supply_maximum` field contains the constant value of 100,000,000

### Component B: Timestamp standardization
- **Purpose**: Establishes the reference date when this maximum supply became effective
- **Logic**: The timestamp is set to September 22, 2022 at 00:00:00 UTC, marking the official launch date of the Buffer Finance protocol. The timestamp grain is set to 'day' for consistent daily reporting alignment with other Token Terminal metrics
- **Key fields**: The `timestamp` field marks the protocol launch date, and `timestamp_grain` ensures daily aggregation consistency

### Final aggregation
- **Combining components**: The maximum supply value and timestamp are combined into a single record representing the protocol's token supply ceiling
- **Currency conversion**: No currency conversion is required as this represents a token quantity, not a monetary value
- **Time aggregation**: The metric uses a forward-fill strategy, meaning the same maximum supply value (100,000,000 tokens) is reported for all dates from the protocol launch forward
- **Final calculation**: The final metric value is simply the constant maximum supply of 100,000,000 Buffer Finance tokens, formatted according to Token Terminal's standardized metric structure and propagated across all dates after the protocol launch using the fill-forward methodology

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Maximum number of tokens that can exist under the current token economics.

Buffer FinanceBFR

Maximum token supply

Maximum token supply

Competitive landscape