Chainflip FLIP
1. Summary
- Price
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$1.53 +1.0%
- Market Cap
- $48.11M (#602)
- Supply
- 25.85M / 92.97M
- Description
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Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process. The Chainflip protocol allows users to swap assets between major blockchains without any wrapped tokens, traditional bridging, and at extremely...
Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process. The Chainflip protocol allows users to swap assets between major blockchains without any wrapped tokens, traditional bridging, and at extremely competitive pricing using a novel and unique ‘Just-inTime’ based Automated Market Maker, dubbed the JIT AMM. It is totally generalised, decentralised, and can be integrated with any chain using any transaction type.
The protocol is secured by a set of 150 validators staking Chainflip’s native FLIP token. FLIP is primarily a utility token. Validators require FLIP in order to stake, and in turn are rewarded in FLIP. Value is returned indirectly to Validators through protocol fees. Additionally, every swap conducted on the platform results in the automatic buying and burning of FLIP tokens through the liquidity pool system, which puts deflationary pressure on the network as trading volume increases.
The protocol has undergone multiple funding rounds, raising a total of $23.3 million and is backed by a strong team of over 30 professionals from Australia and Europe. Chainflip is unique in its native chain interactions, decentralization, JIT AMM, and vault setup, providing a seamless experience for users to exchange assets across different blockchains.
| Price | |
| 52W High price | $9.37 |
| 52W High date | 8th Mar 2024 (4 months ago) |
| All Time High (ATH) Date | 7th Mar 2024 (4 months ago) |
| ATH Price | $9.48 |
| % From ATH | -71.3% |
| All Time Low (ATL) Date | 23rd Nov 2023 (8 months ago) |
| ATL Price | $2.16 |
| % From ATL | 25.67% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $591,089.00 |
| Total Supply | 92.97M |
| Circulating Supply | 25.85M |
FLIP
How does Chainflip's (FLIP) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-44.2%
FLIP
-21.6%
Similar Market Cap
60 Day Return
-66.0%
FLIP
-39.8%
Similar Market Cap
We're monitoring 45 Chainflip GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Chainflip Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 117
Most Active Repos
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Top Developers 2024
In total, 0 developers have contributed to Chainflip over the past year. Who are the most active Chainflip developers, by commits, over the past year?
Related Projects
Developers working on Chainflip also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 12,018 |
| Twitter followers | 86,219 |
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blog.chainflip.io/chainflip-boosted-swaps/ Official
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blog.chainflip.io/chainflip-boosted-swaps/ Official
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blog.chainflip.io/chainflip-boosted-swaps/ Official
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blog.chainflip.io/chainflip-boosted-swaps/ Official
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blog.chainflip.io/chainflip-boosted-swaps/ Official
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blog.chainflip.io/chainflip-protocol-liquidity-incentive-program-rollout/ Official
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blog.chainflip.io/chainflip-protocol-liquidity-incentive-program-rollout/ Official
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blog.chainflip.io/chainflip-protocol-liquidity-incentive-program-rollout/ Official
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blog.chainflip.io/chainflip-protocol-liquidity-incentive-program-rollout/ Official
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blog.chainflip.io/chainflip-protocol-liquidity-incentive-program-rollout/ Official
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blog.chainflip.io/p/4f3535a1-e1c2-42eb-ab02-b802916a920f/ Official
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blog.chainflip.io/p/4f3535a1-e1c2-42eb-ab02-b802916a920f/ Official
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blog.chainflip.io/p/4f3535a1-e1c2-42eb-ab02-b802916a920f/ Official
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blog.chainflip.io/p/4f3535a1-e1c2-42eb-ab02-b802916a920f/ Official
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blog.chainflip.io/p/4f3535a1-e1c2-42eb-ab02-b802916a920f/ Official
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docs.chainflip.io/concepts/components/governance-and-security Official
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docs.chainflip.io/concepts/components/governance-and-security Official
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docs.chainflip.io/concepts/token-economics/incentive-design-emission-and-burning Official
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docs.chainflip.io/concepts/token-economics/incentive-design-emission-and-burning Official
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blog.chainflip.io/chainflip-development-update-april-15th-2024/ Official
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blog.chainflip.io/chainflip-development-update-april-15th-2024/ Official
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blog.chainflip.io/chainflip-development-update-april-15th-2024/ Official
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blog.chainflip.io/chainflip-development-update-april-15th-2024/ Official
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blog.chainflip.io/dev-update-66/ Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://chainflip.io/ |
|---|---|
| Explorer | https://etherscan.io/token/0x826180541412D574cf133... |
| @chainflip | |
| Forum | https://blog.chainflip.io/ |
What is the correct contract address for Chainflip?
| Ethereum | 0x826180541412d574cf1336d22c0c0a287822678a |
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Has Chainflip been audited for security?
No security audits found for this project.
Are you the owner of Chainflip? Edit it here
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