Flare FLR

1. Summary

Ranks

Liquidity

99

Developer

-

Social

98

Momentum (beta)

0

Stack Rank™

-

Price

$0.02 +1.4%

Market Cap

$1.29B (#71)

Supply

/

Tags

Smart Contracts Layer 1 (L1) DWF Labs Portfolio

More Metrics

Price
52W High price	$0.05
52W High date	27th Feb 2024 (1 year ago)
All Time High (ATH) Date	24th Feb 2025 (2 months ago)
All Time Low (ATL) Date	24th Feb 2025 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$14.15M

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Description

Flare is a unique, EvM-based Layer 1 blockchain designed for the creation of applications that can interact with other blockchains and the internet. It offers decentralized access to reliable and high-integrity data, thus introducing new use and monetization models. It features native interoperability protocols, the State Connector and the FTSO, wh...

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Flare is a unique, EvM-based Layer 1 blockchain designed for the creation of applications that can interact with other blockchains and the internet. It offers decentralized access to reliable and high-integrity data, thus introducing new use and monetization models. It features native interoperability protocols, the State Connector and the FTSO, which deliver data from various off-chain sources in a decentralized manner. This process is aided by the Flare Time Series Oracle and the State Connector protocols, leading to a risk-minimized block chain with broad application potential. The Flare (FLR) token is used for payments, transaction fees, and staking in validator nodes and it can be converted into a Wrapped Flare (WFLR) token for various other functions including staking for governance or delegating to FTSO data providers.

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