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Flare

FLR
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Flare (FLR)

What is Flare?

Flare is a blockchain for building applications that are interoperable with other blockchains and the internet. ## What is Flare (FLR)? Flare is an EVM-based Layer 1 blockchain designed to allow developers to build applications that are interoperable with blockchains and the internet. By providing decentralized access to high-integrity data, Flare enables new use cases and monetisation models. ## What makes Flare unique? Flare’s native interoperability protocols, the State Connector and the FTSO are secured by the network itself, allowing it to reliably deliver data from a wide variety of off-chain sources in a decentralized way. The Flare Time Series Oracle delivers highly-decentralized price and data feeds to dapps on Flare, without relying on centralized providers. The State Connector protocols enable information, both from other blockchains and the internet to be used securely, scalably and trustlessly with smart contracts on Flare. Risk is minimized by building this decentralized data infrastructure natively into the blockchain, powered by a large number of independent data providers. By incentivizing sets of independent providers to query, acquire, and process data without relying on single, centralized sources, Flare’s core protocols can facilitate the development of interoperable dapps with a broad range of potential innovative use cases. ## What is the Flare (FLR) token used for? FLR is the native token used for payments, transaction fees to prevent spam attacks and staking in validator nodes. FLR can also be wrapped into an ERC-20 variant, WFLR. WFLR tokens serve various functions; they can be delegated to FTSO data providers, for example, or staked to participate in governance. These two uses are not mutually exclusive and do not prevent the tokens from being used in other EVM-compatible dapps and smart contracts on Flare.

Key Facts & Snapshot

  • Symbol: FLR
  • CoinGecko id: flare-networks
  • Market cap rank (CoinGecko): #83
  • Categories: Smart Contract Platform, Layer 1 (L1), DWF Labs Portfolio
  • Circulating supply (snapshot): 85,640,107,128
  • Total supply (snapshot): 105,493,868,372
  • All-time high (USD, CoinGecko): $0.1501 (Jan 10, 2023)
  • All-time low (USD, CoinGecko): $0.007261 (Apr 7, 2026)

Market (USD snapshot)

  • Market cap (USD, snapshot): $666.10M
  • 24h volume (USD, snapshot): $4.90M
  • Fully diluted valuation (USD, snapshot): $820.52M
  • 24h price change (snapshot): +1.65%

Community & code (CoinGecko)

  • Telegram members (CoinGecko): 17,241

Official & Community Links

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Frequently Asked Questions

What is Flare (FLR) and what does it do?
Flare is a Layer 1 smart contract platform designed to enable decentralized applications to interact with data from other blockchains. It ranks #83 by market cap and focuses on bridging blockchain ecosystems through its unique infrastructure.
How much has Flare dropped from its all-time high?
Flare reached its all-time high of $0.1501 on January 10, 2023. The coin has experienced significant volatility since launch, with an all-time low recorded at $0.007261 in April 2026.
What is the circulating supply of FLR tokens?
Flare currently has a circulating supply of approximately 85.64 billion FLR tokens out of a total supply of 105.49 billion. This means roughly 81% of the total supply is currently in circulation.
How risky is investing in Flare compared to other cryptocurrencies?
Flare carries substantial risk due to extreme price volatility, having fallen over 95% from its all-time high. As a Layer 1 platform competing in a crowded smart contract space, it faces technology adoption risks, competition from established networks, and regulatory uncertainties affecting the broader crypto sector.
Is Flare backed by any major investors or funds?
Flare is part of the DWF Labs Portfolio, indicating backing from that investment firm. DWF Labs is known for market-making and investment activities in the cryptocurrency space.

Flare Sectors

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Flare is tracked in the following market sectors on Best Info Crypto. Each page shows live aggregate data for that category.

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