FLR
FLR

Flare Network price

$0.016970
-$0.00053
(-3.03%)
Price change for the last 24 hours
USDUSD

Flare Network market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$1.18B
Circulating supply
69,576,494,752 FLR
67.13% of
103,630,214,486 FLR
Market cap ranking
--
Audits
CertiK
Last audit: --
24h high
$0.017870
24h low
$0.016690
All-time high
$0.090000
-81.15% (-$0.07303)
Last updated: 10 Jan 2023, (UTC+8)
All-time low
$0.0081100
+109.24% (+$0.0088600)
Last updated: 20 Oct 2023, (UTC+8)
How are you feeling about FLR today?
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Flare Network Feed

The following content is sourced from .
Flare ☀️
Flare ☀️
Flare isn’t just for institutional XRP holders like @Vivo_Power, it’s also powering platforms like @UpholdInc that serve millions of everyday users. With Flare’s yield strategies, they can offer simple, opt-in XRP staking — no DeFi expertise required. That’s the kind of simplicity we’re aiming for.
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5.5K
52
币圈晴格格 OpenLedger 🐙
币圈晴格格 OpenLedger 🐙
So amazing! $M's market cap has entered the top 100, ranked 73rd on CMC. It feels like it's about to surpass Dogecoin. Will we wake up tomorrow to see it hit $1? Let's wait and see @MemeCore_ORG @MemeX_MRC20 #MEMEX #MemeCore #M #KaitoAI
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41.16K
152
润城
润城
$M 2025 potential king, shining brightly! From $0.03 skyrocketing to a high of $0.7, $M proves its charm with strength! Some got on board and made a fortune, while others got off midway, but the diamond hands are destined to laugh last! Good news from Upbit is about to arrive! Where do you think the ceiling for $M is? Come join this meme feast! #KaitoYap #MemeX #MemeCore $M
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51.42K
48
Flare ☀️
Flare ☀️
XRP's yieldless nature = massive untapped capital pool
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35.1K
495
Flare ☀️
Flare ☀️
☀️ Flare Community Call Recap - July 2025 What XRPFi means for institutions, exchange adoption, and the future of capital efficiency on Flare. Why this call mattered This wasn’t just a monthly update - it was a signal. A signal that the Flare ecosystem is entering a new phase: • Institutional capital is here (and growing) • Exchange demand for XRP yield is following • Flare is scaling to serve more than just XRP If you missed the Space, here’s what stood out: 1. VivoPower’s $100M XRP deployment is just the beginning What was it about: VivoPower, a Nasdaq-listed company, is allocating $100M in XRP on Flare to generate yield. Why it matters: This isn’t a one-off. Flare CEO @HugoPhilion described it as “a strong starting point, not the ceiling”, emphasizing that institutional demand is only getting started. “Yield is the lifeblood of finance. And XRP has had a risk-free rate of zero, until now.” - Hugo Philion & @0xthanos Takeaway: Institutions are treating XRP as productive capital for the first time, thanks to Flare’s yield infrastructure. 2. Exchange demand for XRP staking could mirror Flare’s token rollout What Hugo observed: Flare’s token adoption began with smaller exchanges. As user interest grew, larger platforms followed. How that applies to XRPFi: A similar pattern may emerge. Platforms like @UpholdInc are already preparing to offer opt-in XRP staking via @Firelightfi. User demand may drive broader exchange integration. Takeaway: Retail-friendly platforms are entering the fold. Institutional-grade yield may soon become default exchange infrastructure. 3. Firelight = High quality yield Most yield platforms depend on centralized services or unsustainable emissions. As @0xThanos explained, @FirelightFi is built differently: It avoids inflation and subsidies, instead delivering revenue-backed, risk-adjusted strategies from day one - supported by institutional-grade infrastructure and security. Takeaway: Firelight is here to bring sustainable and on-chain yield to XRP holders. 4. SparkDEX is evolving into a DeFi power layer What’s coming soon: Since launch, SparkDEX has processed over $4 billion in trading volume. But it’s not just a DEX - it’s becoming a composable DeFi layer on Flare. Upcoming features include: • V4 DEX with Hook functionality • Launchpad 👀 • Strategy Hub for one-click yield generation for FXRP, ETH and stables • Hands-off vaults with optional insurance • (longer-term) - CLOB DEX • + SPRK Token Value Proposition What that means: These features directly support the goal of making XRP productive in a compliant DeFi environment - not just through simple LPing, but through fully composable capital-efficient DeFi mechanisms. 5. FAssets’ expansion beyond XRP: XLM, ADA, DOGE? What was said: XRP is just the beginning. There’s growing interest - including institutional - in bringing other underutilized assets onto Flare. Examples under discussion: XLM, ADA, DOGE Why Flare is ready: Its native protocols - FAssets and DeFi primitives like Firelight, SparkDEX are scalable. Flare’s architecture is designed to unlock yield for all idle assets, not just XRP. What starts with XRP doesn’t end there. 🎧 Listen to the full Space:
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81.48K
286

Convert USD to FLR

USDUSD
FLRFLR

Flare Network price performance in USD

The current price of Flare Network is $0.016970. Over the last 24 hours, Flare Network has decreased by -3.03%. It currently has a circulating supply of 69,576,494,752 FLR and a maximum supply of 103,630,214,486 FLR, giving it a fully diluted market cap of $1.18B. At present, Flare Network holds the 0 position in market cap rankings. The Flare Network/USD price is updated in real-time.
Today
-$0.00053
-3.03%
7 days
+$0.00039000
+2.35%
30 days
-$0.00182
-9.69%
3 months
+$0.0013000
+8.29%

About Flare Network (FLR)

2.7/5
TokenInsight
2.7
28/01/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Flare Network (FLR) has garnered attention as a promising platform set to transform smart contracts and interoperability. Utilizing the Ethereum Virtual Machine (EVM), Flare Network incorporates a distinctive federated Byzantine agreement (FBA) consensus mechanism, facilitating the seamless integration of numerous blockchain networks.

What is Flare Network?

Flare Network is a decentralized network that aims to extend smart contract capabilities to blockchains that lack native support, including Bitcoin (BTC) and XRP (XRP). By incorporating the Ethereum Virtual Machine, Flare Network allows the execution of smart contracts and offers developers a familiar environment for building decentralized applications (DApps). This is achieved through a unique consensus mechanism called the Federated Byzantine Agreement, which combines the advantages of Proof of Stake (PoS) and Proof of Work (PoW) mechanisms.

The Flare Network team

The Flare Network team comprises experienced professionals and blockchain enthusiasts who share a vision of unlocking the potential of smart contracts and interoperability. Led by Hugo Philion as the chief executive officer, Sean Rowan as the co-founder & chief product officer, and Amaan Jalwa as the chief financial officer, the team includes experts in distributed systems, cryptography, and blockchain technology. Their combined expertise and dedication are instrumental in driving the development and progress of the Flare Network ecosystem.

How does Flare Network work?

Flare Network operates using the FBA consensus mechanism, which ensures secure and efficient transaction processing. This mechanism involves a subset of trusted nodes called validators, who propose and validate transactions. By employing FBA, Flare Network achieves fast transaction finality and improved scalability compared to traditional blockchain networks. Additionally, the network utilizes the Avalanche consensus protocol, enhancing security and enabling rapid confirmation of transactions.

FLR: Flare Network's native token

FLR is the native cryptocurrency of the Flare Network ecosystem, playing a crucial role in facilitating network operations and incentivizing participants. Holders of FLR can actively engage in the network's governance by voting on protocol upgrades and parameter changes. Additionally, FLR serves as collateral for creating trustless representations of Non-Turing complete tokens like Bitcoin and XRP, achieved through the Flare Time Series Oracle (FTSO) mechanism.

FLR tokenomics

FLR has a fixed supply of 100 billion tokens. The tokens are distributed through various mechanisms, including airdrops and utility-based allocations. Some tokens are allocated to the Flare Foundation to support network development. At the same time, a substantial portion is distributed to XRP holders based on their account balances during a specified snapshot period. The remaining tokens are allocated to network validators, developers, and ecosystem incentives.

FLR token use cases

FLR tokens can be staked to secure the network and earn staking rewards. FLR holders can participate in the decentralized exchange (DEX) built on the Flare Network, providing liquidity and earning trading fees. These tokens can be utilized for various decentralized finance (DeFi) applications, lending, and borrowing protocols, and other financial services within the ecosystem.

FLR token distribution

The distribution of FLR tokens is thoughtfully structured to foster broad participation and cultivate a diverse and dynamic ecosystem. The allocation of FLR tokens through airdrops and to XRP holders aims to promote widespread ownership and adoption of the Flare Network. Concurrently, setting aside tokens for validators, developers, and ecosystem incentives incentivizes active engagement and accelerates the advancement of the Flare Network's development.

The distribution is divided as follows:

  • Community allocation: 58.3 percent
  • Product development and investment: 22.5 percent
  • Flare team, advisors, and early backers: 19.2 percent

The future of smart contracts and interoperability

Flare Network stands at the forefront of innovation in the blockchain industry, offering a solution for smart contract functionality and interoperability across multiple blockchain networks. With its native token FLR serving as the backbone of the ecosystem, Flare Network is poised to drive the future of DeFi and revolutionize how we interact with blockchain technology. Flare Network continues to develop its infrastructure through quality partnerships. One of the most notable is their collaboration with Ankr, who has helped Flare Network simplify node operations and streamline the DApp development process.

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Flare Network FAQ

How much is 1 Flare Network worth today?
Currently, one Flare Network is worth $0.016970. For answers and insight into Flare Network's price action, you're in the right place. Explore the latest Flare Network charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Flare Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Flare Network have been created as well.
Will the price of Flare Network go up today?
Check out our Flare Network price prediction page to forecast future prices and determine your price targets.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

Convert USD to FLR

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