Flare
Current price
$0.00657
−3.95%24h
LiveUpdated 30s ago
TodayFlare falls 3.9%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.33%
- 24 hours−3.95%
- 7 days−5.09%
- 30 days−0.83%
- 1 year−65.09%
Flare's move in context
Lagging the market today
−3.95% today against −3.26% for the market as a whole, a gap of 0.7 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−5.1% over 7 days and −0.8% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Flare
Flare Networks: Empowering Interoperability and Decentralized Finance
Flare Networks is a blockchain platform designed to bring true interoperability and smart contract functionality to a broad spectrum of decentralized finance (DeFi) applications. Launched as a smart contract layer that integrates with non-smart contract assets like Bitcoin and XRP, Flare aims to facilitate a decentralized and trustless way to access value across multiple blockchains.
Key Features of Flare Networks
Interoperability and Cross-Chain Connectivity: Flare’s core innovation lies in its interoperability framework, which enables the seamless integration of assets from various blockchains. This functionality allows users to transact with assets across multiple networks, significantly expanding DeFi opportunities.
Smart Contracts on Non-Turing Complete Blockchains: Flare brings smart contract functionality to blockchains that do not natively support them, such as Bitcoin and XRP. This allows for the creation of decentralized applications (dApps) using assets from other chains without the need for a bridge.
Unique Consensus Model: Flare utilizes the Avalanche consensus protocol, modified to allow for decentralized price feeds and state validation. This helps maintain security, decentralization, and scalability within the network.
Advantages of Using Flare Networks
Enhanced DeFi Accessibility: Flare opens up a new realm of DeFi for assets that previously could not participate in smart contract platforms. This includes major cryptocurrencies like BTC, LTC, and XRP, enabling them to engage in DeFi without requiring centralized bridges.
Tokenized Decentralized Applications: The Flare network facilitates the creation of tokenized dApps, allowing developers to utilize assets across networks, thereby increasing liquidity and reducing dependence on single blockchain ecosystems.
Flare Networks continues to be a revolutionary force in the world of DeFi by addressing interoperability, scalability, and usability issues across blockchains. By facilitating smart contracts for traditionally non-programmable assets, Flare opens the door to a new frontier of decentralized finance.
Flare market
- Position by market cap among the coins we track.
- #90
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $457.68M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.006532High $0.006861
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.1501
- Now 4% of itReached 10 Jan 2023 · Needs +2,184% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 69.66B FLR
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 101.67B FLR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
Flare converter
1 Flare = $0.00657
