24H
1W
1M
1Y
ALL
Market Capitalization | Fully Diluted Valuation | Circulating Supply |
|---|---|---|
Rp 1,7 Trillion | Rp 2,6 Trillion | 62.372.230 FLIP |
Maximum Supply | Global Volume (24 Hours) | Total Value Locked |
- | Rp 23,51 Billion | Rp 227,35 Billion |
Market Capitalization | Rp 1,7 Trillion |
|---|---|
Fully Diluted Valuation | Rp 2,6 Trillion |
Circulating Supply | 62.372.230 FLIP |
Maximum Supply | - |
Global Volume (24 Hours) | Rp 23,51 Billion |
Total Value Locked | Rp 227,35 Billion |
The data is obtained from coingecko.com and is presented for informational purposes, not as financial advice.
The FLIP token is the ERC-20 protocol token of the Chainflip decentralized exchange. Although Chainflip has its own blockchain, the multi-chain nature of the project allows the $FLIP token to be issued on Ethereum for ease of use and adoption. Staking done on the Ethereum State Chain Gateway contract loads those tokens onto the Chainflip State Chain for use in the appchain environment. The primary utility of the $FLIP token is used as collateral for Validator auctions. Validators require large stakes, earn rewards from the block reward, and maintain the state chain for Chainflip by jointly controlling the liquidity vaults.
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