Chainflip
FLIP#941
$0.210
24H -4.6%7D +1.4%30D +3.7%
BLOCKINSIDERLoading| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Bybit | FLIP/USDT | $83.72K | 0.14% | TRADE | |
| BingX | FLIP/USDT | $66.08K | 0.19% | TRADE | |
| Uniswap V3 (Ethereum) | 0X826180541412D574CF1336D22C0C0A287822678A/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $49.70K | 0.60% | TRADE | |
| Chainflip | 0X826180541412D574CF1336D22C0C0A287822678A/0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 | $28.74K | 1.41% | TRADE | |
| Gate | FLIP/USDT | $16.55K | 0.14% | TRADE | |
| KuCoin | FLIP/USDT | $11.54K | 0.24% | TRADE | |
| BVOX | FLIP/USDT | $5.49K | 3.09% | TRADE | |
| CoinEx | FLIP/USDT | $1.98K | 1.09% | TRADE | |
| BitKan | FLIP/USDT | $1.39K | 0.14% | TRADE | |
| Crypto.com Exchange | FLIP/USD | $395.82 | 0.43% | TRADE | |
| Crypto.com Exchange | FLIP/USDT | $181.04 | 0.43% | TRADE | |
| Mudrex | FLIP/USDT | $3.93 | 0.00% | TRADE |
Top 12 exchanges by 24h trading volume. BlockInsider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
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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