Flare

Flare (FLR) is the native token of an EVM-based Layer 1 blockchain focused on interoperability, connecting smart contracts to data from other blockchains and the wider internet. Where many chains compete on raw speed, Flare's pitch is decentralized access to high-integrity data, built directly into the protocol so developers can create applications that react to external information without relying on centralized middlemen.

What is Flare?

Flare is a smart-contract platform designed to make blockchains talk to each other and to off-chain sources. Because it is EVM-compatible, developers can deploy Ethereum-style applications while tapping Flare's native interoperability protocols. The aim is to unlock new use cases and monetization models by giving on-chain apps trustworthy access to data that would otherwise be hard to bring on-chain safely.

How does Flare work?

Flare's two signature protocols are secured by the network itself rather than external providers. The Flare Time Series Oracle (FTSO) delivers decentralized price and data feeds to applications by aggregating inputs from many independent providers. The State Connector lets information from other chains and the internet be used securely and trustlessly within Flare smart contracts. By building this data infrastructure natively and incentivizing large sets of independent providers, Flare reduces reliance on any single source.

Flare tokenomics and supply

FLR has a large supply base. Circulating supply is around 86.7 billion out of a total near 106.1 billion, with tokens entering circulation over time. There is no fixed hard cap in the facts here; supply reflects the network's distribution and delegation model.

• Circulating supply: about 86.7 billion FLR
• Total supply: roughly 106.1 billion FLR
• FLR can be wrapped into WFLR for delegation and governance
• All-time high near $0.15; all-time low near $0.0063

What is the FLR token used for?

FLR is the native asset for payments and transaction fees that help prevent spam, and it is used for staking in validator nodes. It can also be wrapped into an ERC-20 variant, WFLR, which unlocks additional roles: WFLR can be delegated to FTSO data providers to help secure price feeds, or used to participate in governance. These functions can run in parallel, so holders can support the oracle and vote at the same time.

Where to buy Flare

FLR is listed on numerous exchanges. Use our best crypto exchanges ranking to weigh liquidity, fees and security, then secure your tokens in a wallet from our best crypto wallets guide that supports Flare so you can wrap and delegate FLR if you wish.

Is Flare a good investment?

Flare targets a real problem, cross-chain and off-chain data, but the interoperability and oracle space is competitive, and its token trades well below its early highs. A very large supply also means market capitalization, not unit price, is the better gauge of value. This is analysis rather than financial advice; research the technology, delegation rewards and risks before deciding.