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About FLR

Flare (FLR) is a cryptocurrency launched in 2020. FLR has a current supply of 100.56Bn with 34.80Bn in circulation. The last known price of FLR is 0.046341358873 USD and is -0.001204364038 over the last 24 hours. It is currently trading on active market(s) with $36.12M traded over the last 24 hours. More information can be found at https://flare.network.

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FLR Price Statistics
FLR’s Price Today
24h Price Change
-$0.0012043640382.53%
24h Volume
$36.12M39.50%
24h Low / 24h High
$0.01384768 / $0.0145504
Volume / Market Cap
0.022400289708
Market Dominance
0.07%
Market Rank
#66
FLR Market Cap
Market Cap
$1.61Bn
Fully Diluted Market Cap
$4.66Bn
FLR Price History
7d Low / 7d High
$0.01305643 / $0.01672715
All-Time High
$0.0797Jan 10, 2023
All-Time Low
$0.01296047Jul 10, 2023
FLR Supply
Circulating Supply
34.80Bn
Total Supply
100.56Bn
Max Supply
0
Updated Mar 01, 2024 10:45 pm
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FLR
Flare
$0.046341358873
$0.001204364038(-2.53%)
Mkt Cap $1.61Bn
There's nothing here for now

Frequently Asked Questions

  • What is Flare (FLR)?

    Flare is an EVM-based layer 1 aiming to make blockchain more useful by giving developers decentralized access to high-integrity data from other chains and the internet. This enables new use cases and monetization models, while allowing dapps to serve multiple chains through a single deployment.

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  • What makes Flare unique?

    Flare has developed two native interoperability protocols facilitating on-chain, decentralized acquisition of blockchain, time series and Web2 API data. The protocols are secured by the network itself, with decentralized, independent data providers incentivized to deliver accurate data. This helps Flare to minimize risks for users and developers.

    The State Connector securely acquires event information from other blockchains and the internet to be used in smart contracts on Flare. It acquires this data securely, scalably and in a decentralized manner, with a set of independent attestation providers needing to reach consensus on the validity of an event before the information can be made available to dapps on the network.

    The Flare Time Series Oracle (FTSO) utilizes the network structure to deliver highly decentralized prices and data series to dapps on Flare without relying on centralized data providers.

    By providing reliable access to cryptocurrency prices, detailed transaction information from other chains, and Web2 event data, Flare enables developers to build applications that can provide more utility to a larger group of users.

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  • 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 used 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 WFLR.

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  • How many FLR tokens are in circulation?

    Genesis of Flare mainnet occurred on 14 July 2022, followed by the public token distribution event (TDE) on 9 January 2023.

    Total available supply at genesis was 100 billion FLR, of which 12 billion FLR were in circulation immediately after TDE.

    The public token distribution continues for 36 monthly installments providing a total of 28,524,921,372 FLR to the community.

    Flare is an inflationary network with 10% of circulating supply minted in year 1. These freshly minted FLR are provided to Flare Time Series Oracle data providers and the token holders that delegate to them (70%) to secure the decentralized provision of price data to the network, validators (20%) and State Connector attestation providers (10%).

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  • Who are the founders of Flare (FLR)?

    Flare was founded by Hugo Philion, Sean Rowan and Dr Nairi Usher, now CEO, CTO and Chief Scientist, respectively. They met while studying machine learning at University College London, sharing an interest in distributed systems and their potential applications.

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  • Where can I buy Flare (FLR)?

    Flare (FLR) is currently trading on a number of exchanges, with cryptocurrency and stablecoin pairs available.

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  • What is the all-time high price of Flare (FLR)?

    The all-time high of FLR was 0.0797 USD on 2023-01-10, from which the coin is now down 41.855258628607274%. The all-time high price of Flare (FLR) is 0.0797. The current price of FLR is down 41.855258628607274% from its all-time high.

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  • How much Flare (FLR) is there in circulation?

    As of , there is currently 34.80Bn FLR in circulation. FLR has a maximum supply of 0.

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  • What is the market cap of Flare (FLR)?

    The current market cap of FLR is 1.61Bn. It is calculated by multiplying the current supply of FLR by its real-time market price of 0.046341358873.

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  • What is the all-time low price of Flare (FLR)?

    The all-time low of FLR was 0.01296047 , from which the coin is now up 257.55924648565986%. The all-time low price of Flare (FLR) is 0.01296047. The current price of FLR is up 257.55924648565986% from its all-time low.

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  • Is Flare (FLR) a good investment?

    Flare (FLR) has a market capitalization of $1.61Bn and is ranked #66 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Flare (FLR) price trends and patterns to find the best time to purchase FLR.

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