What is Chainflip (FLIP)?

Chainflip (FLIP) is a revolutionary decentralized protocol that enables seamless cross-chain asset swaps without the need for wrapped tokens or specialized wallets. The FLIP token is the ERC-20 protocol token that powers the Chainflip ecosystem, providing a range of utilities and benefits to users. One of the primary use cases for the FLIP token is as collateral for the validator network auctions. Validators are required to stake large amounts of FLIP tokens to secure the protocol and maintain the state chain. In return, they earn rewards from the block reward and network fees. The FLIP token also plays a crucial role in the Chainflip ecosystem's value capture mechanism. Network fees collected in USD are automatically converted into FLIP tokens and burned within the protocol, providing potential benefits to all FLIP token holders.

Chainflip (FLIP) price statistics

As of June 2, 2025, the current price of the FLIP token on DEX markets is $0.4234, with a total DEX liquidity TVL of $339,420.5. The FLIP token trades on 1 blockchains and 6 DEX (decentralized exchanges). The total DEX trading history for the last 24 hours includes 89 trades (TXNS) with a trading volume of $63,767.68.

Frequently Asked Questions

What is the DEX daily trading volume of Chainflip (FLIP)?

The total 24-hours trading volume on all DEX exchanges for FLIP token is $63,767.68.

What is the DEX TVL (Total Value Locked) of Chainflip (FLIP)?

The total DEX TVL of Chainflip (FLIP) is $216,269.34 in the last 24 hours.

What blockchain is the token FLIP launched on?

The Chainflip FLIP token is launched on the Ethereum.

What is the exchange rate of 1 USD to FLIP?

DEX exchange rate of 1 FLIP to USD is $0.4145 as of 10:09 PM UTC.

How much FLIP can I purchase with 1 USD?

Based on DEX current exchange rate, you can buy 2.412432630777286 FLIP for 1 USD.