FLR Live Price Summary
As of the latest data, Flare (FLR) is trading at **$0.01708756**, with a **24-hour trading range** between $0.01671448 (low) and $0.01723938 (high). Key metrics include:
- Market Cap: $1.16B (Rank #85)
- Circulating Supply: 67.64B FLR
- 24H Price Change: -0.05%
Historical Price Extremes
- All-Time High (ATH): $0.150073 (Jan 10, 2023)
- All-Time Low (ATL): $0.00827405 (Oct 19, 2023)
What Is Flare (FLR)?
Flare is an EVM-based Layer 1 blockchain designed to empower decentralized applications (DApps) with secure, cross-chain data interoperability. Its ecosystem relies on two core protocols:
- Flare Time Series Oracle (FTSO): Decentralized oracle network for reliable data feeds.
- State Connector: Ensures trustless verification of external data.
Key Features:
- Supports wrapped FLR (WFLR) for collateral in DApps.
- Offers a canary network (Songbird) for testing.
- Includes a paid API Portal for developers.
FLR Price History and Trends
FLR launched on January 10, 2023, at $0.15 and experienced volatility:
- Initial Drop: Fell to $0.0237 on launch day but rebounded to $0.0499 shortly after.
- 2023 Performance: Traded sideways with brief rallies (e.g., +30% to $0.047 on Jan 30).
👉 Explore Flare’s price history in detail
FLR Tokenomics
Token Distribution:
- Community (58.3%): Airdrops (FlareDrop), delegation incentives.
- Development (22.5%): Flare entities.
- Team/Backers (19.2%): Founders, advisors, early investors.
Supply Details:
- Genesis Supply: 100B FLR.
- Circulating Supply: 67.64B FLR (67.6% of max supply).
| Use Case | Description |
|---|---|
| Transaction Fees | Prevents spam attacks. |
| Governance | Voting on protocol upgrades. |
| Wrapping (WFLR) | Collateral for DApps. |
Storing FLR Tokens
Recommended Wallets:
- Hardware: Ledger Nano X/S, Trezor Model T.
- Software: MetaMask, Bifrost Wallet, SafePal.
- Mobile: Brave Wallet, D’CENT.
FAQs
1. What is Flare’s current price?
As of today, FLR trades at **$0.01708756**, with a 24-hour range of $0.01671448–$0.01723938.
2. How can I buy FLR?
- Sign up on exchanges like 👉 Bybit.
- Complete KYC, deposit funds, and place an order.
3. Is FLR a good investment?
Consider factors like:
- Market cap ($1.16B).
- Historical volatility (ATH: $0.15, ATL: $0.0082).
- Always conduct independent research.
4. What is FLR’s max supply?
The maximum supply is uncapped (--), with 67.64B currently circulating.
5. How does Flare ensure data integrity?
Through FTSO (decentralized oracles) and State Connector (external data verification).
6. Can I stake FLR?
Yes, via delegation to FTSO data providers for rewards.
Final Thoughts
Flare’s focus on interoperability and decentralized data positions it uniquely in the blockchain space. While its price has seen volatility, its utility in cross-chain applications and robust tokenomics may appeal to long-term investors.