Chainflip

Chainflip Basic Information

Symbol: FLIP

Price: $1.1400

Volume: $1,386,966

Market Cap: $70,853,507

Fully Diluted Value: 108,168,257

Short Term Beta: For Premium Users Only

Beta: For Premium Users Only

Futures Curve: For Premium Users Only

Total Supply: 95,257,604

Type: Crypto Token

Chainflip Trading Chart

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Chainflip on Exchanges

Learn more 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.

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