Market cap
$611.25M
-0.16 %
Volume (24h)
$1.53M
-0.16 %
Circulating supply
74,081,028,758 FLR
Total supply
104,012,617,988 FLR
Flare (FLR)
$ 0.01
-0.16 %
Main info
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Key data
updated $0Market cap$611.25M
Volume 24h$1.53M
Circulating supply74.08B
All-time high$0.15-95% from peak · 2023-01-09
Flare (FLR) is a blockchain network designed to bring smart contract capabilities to coins that don't natively have them — think XRP, Litecoin and similar assets. Its native token, FLR, is used for staking, paying fees and participating in the network's data protocols. In simple terms, Flare tries to connect blockchains that normally can't talk to each other and let developers build apps using data from any of them.
Frequently asked questions
What is Flare and how is it different from other blockchains?
Flare is a Layer-1 smart contract platform focused on interoperability — instead of competing with established chains, it extends Ethereum-style functionality to assets like XRP and Litecoin. Its main differentiators are built-in protocols for price feeds and decentralized data, called the State and Flare Time Series Oracles. This lets developers build apps that rely on external data without trusting a single provider.
How does Flare's consensus work?
Flare uses the Flare Consensus Protocol (FTSO), which combines a Byzantine-resistant node network with delegated staking. Token holders can delegate their FLR to data providers who run the oracle system and earn rewards for accurate data submissions. This design aims to keep the network decentralized while avoiding the energy cost of traditional mining.
How is FLR issued and distributed?
FLR launched with a large initial distribution to holders of certain assets, most notably XRP, followed by ongoing monthly distributions over a set period. There is also an inflationary component that funds oracle rewards and staking incentives. The exact mechanics have evolved through community votes, so it's worth checking the official docs for the current schedule.
How can I store and use FLR?
FLR is an EVM-compatible token, so it works with any wallet that supports Ethereum-style addresses, such as MetaMask or hardware wallets configured for the Flare network. Within the ecosystem you can delegate FLR to FTSO data providers to earn rewards, wrap it for use in DeFi apps, or pay transaction fees. Always verify you're using the official Flare network settings when adding it to a wallet.