R2 Protocol R2

What R2 actually is on-chain

R2 Protocol is a BEP-20 deployed on BNB Chain, at contract address 0x223a20e1b83aa3832e78d4b7b132df022e739222. That address, not the ticker R2, is what uniquely identifies this asset: anyone can deploy a second token calling itself R2, but the contract is unforgeable. Verify it against bscscan.com before sending funds or approving a spend.

Because it lives on BNB Chain, R2 is held in any EVM-compatible wallet, transfers are paid for in BNB rather than in R2 itself, and secondary liquidity sits in PancakeSwap pools. Two consequences follow for anyone setting alerts: you need BNB in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For R2 the project publishes a whitepaper and an active account as @r2yield. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where R2 sits in the market

R2 Protocol ranks #4302, in the middle of the long tail, where listing status changes more often than price does, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 1 live R2 order book (Gate.io). That is thinner coverage than a #4302 ranking would normally imply — a move on one of these books is close to the whole market for R2, with no deep second venue to arbitrage it back. None of the books we see for R2 are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

R2 against its all-time high

R2 trades 91.7% below its $0.0486 record (on 2026-03-30), which puts a 12.0x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. That high was set within the last six months, recently enough that it still anchors how most current holders frame the asset.

R2 across its historical range

The recorded range runs 17.4x, from $0.00279732 to $0.0486 — wide by the standards of traditional assets, moderate for this one's class.

R2 is within 45.1% of its all-time low of $0.00279732, printed on 2026-04-17. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

R2 supply and valuation data

At #4302 there is no reliable third-party supply audit for R2 at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $3.1 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one bscscan.com reports for this contract.

What kind of asset R2 is

R2 Protocol is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files R2 under 4 categories, including Decentralized Finance (DeFi), Yield Farming, BNB Chain Ecosystem, Binance Alpha Spotlight. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: R2 has been featured in Binance Alpha Spotlight.

How to set a R2 Protocol alert that is worth receiving

R2 Protocol is the BEP-20 at 0x223a…9222 on BNB Chain — quoted on 1 venue we stream — high dated 2026-03-30 — rank #4302. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →