What is CHAINFLIP(FLIP)?

Basic information about FLIP

Coin name:

Chainflip

Coin symbol:

Coin introduction:

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.

Current Price:

$0.20More coin details

All-time high:

$9.48

All-time low:

$0.19

FLIP Supply Info and Tokenomics

Circulating supply:

90,248,924

Total supply:

91,624,893

Max supply:

Market cap:

$18.05M

Fully diluted valuation:

$18.32M

What is the outlook and future value of FLIP?

The current market cap of FLIP is $18.05M, ranked 1223 in the market, showing that the market already recognizes the value of FLIP. When a bull market arrives, the market cap of FLIP may continue to grow.

Moreover, if FLIP can play a greater role in real-world applications—such as if the Monero developers can fully empower FLIP and establish partnerships with more business partners to expand its user base—then the long-term value of FLIP will be further enhanced.

What is the price of FLIP in 2027?

According to the historical price performance prediction model of FLIP, the price of FLIP is expected to reach $0.21 at 2027.

Note: As with any crypto investment, investors should closely monitor FLIP’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get FLIP?

Purchasing FLIP with cash is not the only way to obtain FLIP. If you have enough time, you can get FLIP for free.

Learn how to get Hot rewards for free with FLIP.

Earn free FLIP by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get FLIP airdrops for free.

All crypto airdrops and rewards can be exchanged for FLIP through LBank spot trading.

Buy FLIP starting from $1

What is FLIP used for and how to use it?

The use cases for FLIP may grow with the development of the crypto market and project progress. Currently, you can use FLIP to:

Arbitrage trading of FLIP

FLIP is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many FLIP trading pairs to suit your needs.

Earn yield with FLIP

You can also lend out FLIP or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your FLIP gains.

Send or pay with FLIP

If you want to pay someone with FLIP, you can easily and quickly send FLIP to them using their receiving address.

You can also visit the official website of Chainflip to learn more use cases of FLIP, such as whether the Chainflip project supports community/eco apps or buying physical or virtual goods with FLIP.