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Flare Network

Crypto
Crypto
Symbol: FLR
FLR

Price

Price

CHART BY

Fundamentals

Rank 
#92
Market Cap 
$926.23M
Circulating Supply 
61,011,114,124.00

Frequently asked questions

What is the rank of Flare Network by market capitalization?

Flare Network holds the #92 position among cryptocurrencies based on market capitalization. This ranking reflects the relative size and significance of Flare Network compared to other digital assets in the crypto market.

What is the market capitalization of Flare Network?

The market capitalization of Flare Network is $926.23M. Market cap is calculated by multiplying the current price per coin by the number of coins in circulation.

How many Flare Network are there?

The circulating supply of Flare Network is 61,011,114,124.00. This figure represents the number of coins that are currently available and actively traded in the market.

Pricing

1D span
$0.0141$0.0156
52W span
$0.0122$0.0414

Information

Flare is a blockchain for building applications that are interoperable with other blockchains and the internet. ## What is Flare (FLR)? Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetisation models. ## What makes Flare unique? Flare's native interoperability protocols, the State Connector and the FTSO are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers. The State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with smart contracts on Flare. Risk is minimized by building this decentralized data infrastructure natively into the blockchain, powered by a large number of independent data providers. By incentivizing sets of independent providers to query, acquire, and process data without relying on single, centralized sources, Flare’s core protocols can facilitate the development of interoperable dapps with a broad range of potential innovative use cases. ## What is the Flare (FLR) token used for? FLR is the native token used for payments, transaction fees to prevent spam attacks and staking in validator nodes. FLR can also be wrapped into an ERC-20 variant, WFLR. WFLR tokens serve various functions; they can be delegated to FTSO data providers, for example, or staked to participate in governance. These two uses are not mutually exclusive and do not prevent the tokens from being used in other EVM-compatible dapps and smart contracts on Flare. Wrapped FLR (WFLR) can be minted by depositing native FLR tokens into a smart contract and withdrawing the newly minted

Identifier

Symbol
FLR

Knockouts

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