Qubit Finance and its Fiscal Year Performance

What Is Qubit (QBT)?

• Qubit Finance is a decentralized finance (DeFi) lending protocol on the Binance Smart Chain. It offers lending-as-a-service for mono-asset strategies with zero withdrawal fees, targeting integration with platforms like PancakeBunny and other BSC yield aggregators

• Total supply is capped at 1 billion QBT tokens, with 57% (approximately 570 million QBT) allocated to liquidity providers over 12 months via mining rewards; other allocations include developer supply (15%), MND contributions (10%), marketing (10%), security funds (3%), and presale (5%)

Token Utility & Mining Model

• QBT is distributed to both lenders and borrowers on the protocol as incentives for providing liquidity or borrowing assets Qubit Crypto –+1.

• The platform uses a hybrid model similar to staking/mining with features like Proof-of-Stake and possibly Delegated Proof-of-Stake, aiming to allow mobile-friendly, low-energy “mining” via an app, though specifics largely remain unverified

Historical Events & Concerns

• In January 2022, Qubit Finance suffered a major exploit—$80 million in crypto was drained from its cross-chain bridge (X-Bridge). Hackers drained assets across ETH, BNB, DAI, and other tokens. Qubit publicly offered a bounty to the hacker for returning funds—a highly controversial move given prior glitches in related Mound/Bunny/PolyBunny ecosystems

• Multiple sources on Reddit questioned the trustworthiness of the team behind Qubit, citing previous projects undergoing repeated exploitation or alleged scams

Price Performance Since Last Year (to Aug 2025)

12-Month Overview (Aug 2024–Aug 2025):

• QBT rose by approximately 165% over the past year, outperforming about 72% of similar tokens in the same timeframe

• The current price is roughly $0.00013–$0.00023, depending on data source: CoinCodex lists $ 0.000133 and CoinGecko notes $ 0.0002341, which are both consistent with other trackers showing modest recent gains (~8% weekly, ~63% over 1 year)

Historical Context:

• Average annual growth over the last four years is ~7–18% depending on source, with Q4 historically strongest, and Q2 weakest for this token

Key Takeaways

Strengths:

• Incredible percentage gains over the past year (~165%) despite being low‑priced.

• Offers a novel DeFi lending utility with zero-fee mechanics on BSC.

Risks:

• Extreme volatility, historically ranging from ATH at $0.58 to lows near $0.00004.

• Security concerns: large past exploit, recurring hack events on sister platforms arouse distrust.

• Limited liquidity and transparency: low trading volume, unclear circulating supply data.

In Short

Qubit (QBT) is a small-market DeFi token focused on lending on Binance Smart Chain with unconventional distribution and mobile-mining aspirations. Despite delivering explosive growth of ~165% over the past year, its legacy of security incidents, team credibility doubts, and wild volatility keeps it firmly in speculative territory. Projects like this may offer outsized upside—but also carry high risk, especially given limited adoption and uncertain fundamentals.