Flare Network
$0.006627
-1.1%(24h)Today
-1.1%
30 Days
3.0%
Price Change (24h)
-$0.00007303
Price of Flare Network Today
The live price of Flare Network is $0.00662701 per FLR/USD, -1.09% in the last 24 hours. It has a market cap of $610.58M and $1.21M in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. FLR has a circulating supply of 86.78B.
Current price
$0.0066270124h high
$0.0067160024h low
$0.0065400024h
-1.09%7d
-6.25%30d change
+3.03%FLR Market Stats
Rank
#95
By market cap
Market Cap
$610.58M
24h Volume
$1.21M
Across 8 exchanges
FDV
$705.61M
If all tokens were issued
Circulating Supply
86.78B FLR
Total Supply
106.47B FLR
Max Supply
—
No fixed cap
Listed on
8 exchanges
Website & Community
Website
Explorer
Categories
Smart Contract PlatformLayer 1 (L1)DWF Labs Portfolio
Where to buy Flare Network
Flare Network is available on 8 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Coinbase | FLR-USD | $724.13K | Buy FLR on Coinbase |
| Bybit | FLRUSDT | $458.82K | Buy FLR on Bybit |
| Kraken | FLR/USD | $274.23K | Buy FLR on Kraken |
| OKX | FLR-USDT | $228.86K | Buy FLR on OKX |
| KuCoin | FLR-USDT | $150.73K | Buy FLR on KuCoin |
| Gate | FLR_USDT | $106.98K | Buy FLR on Gate |
| MEXC | FLRUSDT | $91.83K | Buy FLR on MEXC |
| LBank | flr_usdt | $43.79K | Buy FLR on LBank |
Price: $0.00662701 — Price Source: 8 exchanges
We may earn a commission when you sign up through these links. This never affects the prices shown.
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People also ask about Flare Network
What is Flare (FLR)?
Flare is a layer 1 blockchain built on the Ethereum Virtual Machine (EVM) that aims to enhance blockchain utility by providing developers with decentralized access to reliable data from other blockchains and the internet. This allows for new applications and revenue models, and enables decentralized apps (dapps) to operate across multiple chains from a single deployment.
What makes Flare unique?
Flare distinguishes itself with two native interoperability protocols that enable decentralized, on-chain access to blockchain data, time series data, and Web2 API data. These protocols are secured by the network itself, with independent data providers incentivized to supply accurate information, reducing risks for users and developers. The State Connector securely acquires event data from other chains and the internet, while the Flare Time Series Oracle (FTSO) provides decentralized price and data feeds without relying on centralized sources.
What is the Flare (FLR) token used for?
FLR serves as the native token for payments, transaction fees to prevent spam, and staking in validator nodes. It can be wrapped into an ERC-20 token called WFLR, which can be delegated to FTSO data providers or used for governance. These uses are not exclusive and do not prevent WFLR from being used in other EVM-compatible dapps and smart contracts on Flare. WFLR is minted by depositing native FLR into a smart contract.
How many FLR tokens are in circulation?
Flare mainnet launched on 14 July 2022, with the public token distribution event (TDE) on 9 January 2023. The total supply at genesis was 100 billion FLR, with 12 billion in circulation immediately after TDE. The public distribution continues with 36 monthly installments, providing a total of 28,524,921,372 FLR to the community. Flare is inflationary, with 10% of the circulating supply minted in the first year, distributed to FTSO data providers and delegators (70%), validators (20%), and State Connector attestation providers (10%).
Who are the founders of Flare (FLR)?
Flare was founded by Hugo Philion, Sean Rowan, and Dr. Nairi Usher, who now serve as CEO, CTO, and Chief Scientist, respectively. The three met while studying machine learning at University College London, where they developed a shared interest in distributed systems and their potential applications.
Where can I buy Flare (FLR)?
Flare (FLR) is currently available for trading on several exchanges, with trading pairs involving cryptocurrencies and stablecoins.
What is Flare Network?
Flare is an EVM-based layer-1 blockchain designed to provide developers with decentralized access to data from other blockchains and the internet. Its goal is to enable applications to serve multiple chains through a single deployment, supporting new use cases and monetization models. The network relies on two native interoperability protocols to achieve this, both secured by the network itself and operated by independent data providers who are incentivized to supply accurate information.
The State Connector securely retrieves event data from external blockchains and web sources for use in smart contracts on Flare, requiring consensus among independent attestation providers before information is released to dapps. The Flare Time Series Oracle (FTSO) delivers decentralized price and data feeds to applications without relying on centralized providers. These mechanisms give developers access to cryptocurrency prices, transaction details from other chains, and web event data.
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FLR serves as the native token for payments, transaction fees, and staking in validator nodes. It can be wrapped into an ERC-20 variant, WFLR, which is used for delegation to FTSO data providers and participation in governance, while remaining usable in other EVM-compatible applications. The Flare mainnet launched on 14 July 2022, with a public token distribution beginning on 9 January 2023. The initial supply was 100 billion FLR, with 12 billion in circulation at the start. The network is inflationary, minting 10% of circulating supply in its first year, distributed to data providers, validators, and attestation providers. Flare was founded by Hugo Philion, Sean Rowan, and Dr Nairi Usher, who met while studying machine learning at University College London.