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Flare (FLR) price today

Flare is an Ethereum-compatible blockchain that offers external and cross-chain data as a native service, focused on bringing financial applications to assets such as XRP.

Written and reviewed by the Cripto View editorial team

Flare price now

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Market data source: CoinGecko, with a reference USD/BRL rate. Values can lag by a few minutes.

What is Flare?

Flare was founded by Hugo Philion and distributed its token in January 2023, largely to XRP holders.

The aim is to solve, within the network itself, two problems that usually depend on third parties: obtaining prices and external data, and proving events that happened on other blockchains.

How Flare works

Two built-in protocols do this work. One aggregates prices submitted by dozens of independent providers; the other attests to facts from other networks, such as confirmation of a payment. The network's validators take part in both.

Building on them, Flare allows creating versions of assets from networks without smart contracts, such as XRP, for use in financial applications. The FLR token pays fees, is staked and can be delegated to data providers in exchange for rewards.

What FLR is used for

  • Paying fees and staking on the network.
  • Delegating to data providers in exchange for rewards.
  • Collateral for issuing assets from other networks inside Flare.

Risks and points of attention

  • Annual token inflation and monthly releases from the initial distribution increase supply.
  • Assets brought from other networks depend on agents and collateral and carry risk similar to bridges.
  • An application ecosystem that is still small.
  • High volatility.

Key facts

SymbolFLR
Asset typeCryptocurrency
Launch2023-01
NetworkOwn blockchain (Flare)
Consensus mechanismProof of Stake
Maximum supplyNo fixed maximum; annual inflation set by governance

Reference data checked on October 3, 2026 against CoinGecko and the project's official pages.

Frequently asked questions about Flare

How are Flare and XRP related?

Flare distributed tokens to XRP holders at launch and one of its goals is to enable the use of XRP in smart contracts. They are independent networks and assets.

What is a native oracle?

It is an external data service operated by the network's own validators, without relying on a separate protocol.

Does FLR have a maximum supply?

No. There is annual inflation used for rewards, and governance can change that parameter.

Where does the Flare price on this page come from?

The panel shows the FLR price in US dollars and Brazilian reais, with change, volume and market capitalization. Data comes from CoinGecko, uses a reference exchange rate and can lag by a few minutes.