Chainflip (flip) is currently priced at $0.22 USD. The price has increased 0.03% in the last 24 hours. It has a market capitalization of $19,794,970.206. Fully diluted valuation: $20,098,500.912. Circulating supply is 89,734,793.887 flip. Total supply is 91,110,762.887 flip.
Stats
| 1 Day | +0.03% |
|---|
| 1 Month | +0.13% |
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| 3 Months | −0.43% |
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| 1 Year | −0.46% |
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| 1 Day | 1 Month | 3 Months | 1 Year |
|---|
| +0.03% | +0.13% | −0.43% | −0.46% |
| Market Cap | $19.8M |
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| Fully Diluted | $20.1M |
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| Market Cap | Fully Diluted |
|---|
| $19.8M | $20.1M |
About Chainflip
Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process. The Chainflip protocol allows users to swap assets between major blockchains without any wrapped tokens, traditional bridging, and at extremely competitive pricing using a novel and unique ‘Just-inTime’ based Automated Market Maker, dubbed the JIT AMM. It is totally generalised, decentralised, and can be integrated with any chain using any transaction type. The protocol is secured by a set of 150 validators staking Chainflip’s native FLIP token. FLIP is primarily a utility token. Validators require FLIP in order to stake, and in turn are rewarded in FLIP. Value is returned indirectly to Validators through protocol fees. Additionally, every swap conducted on the platform results in the automatic buying and burning of FLIP tokens through the liquidity pool system, which puts deflationary pressure on the network as trading volume increases.
