Flare (FLR) JPY Price

FLR’s market cap is ~$738M, calculated by multiplying the circulating supply of ~85B FLR by the current price of ~$0.00867.

Total available supply at genesis was 100B FLR, of which 12B entered circulation immediately after the Token Distribution Event (TDE) in January 2023. The public token distribution runs for 36 monthly installments distributing a total of 28.5B FLR to the community.

Flare is an EVM-based Layer 1 designed to give developers decentralized access to high-integrity data from other chains and the internet, enabling new use cases through a single dApp deployment across multiple chains.

Flare’s interoperability stack has two primary vectors. First, FAssets: tokenized representations of non-smart contract tokens like XRP, BTC, and DOGE that can be used within Flare’s DeFi ecosystem, unlocking dormant capital from chains that lack programmability. Minting works by users depositing base assets into an Agent’s address in exchange for an equivalent amount of FAssets minus a minting fee, with value supported by on-chain collateral. Second, the State Connector allows safe relay of information between all chains connected to Flare, enabling true cross-chain dApp interoperability and composability — unlike competing solutions that require other chains to conform to new standards or integrate centralized intermediaries.

The FLR value linkage runs through network utility: more FTSO delegation demand, more FAssets minted, more DeFi TVL, and more transaction fees all drive FLR demand. The fundamental tension is that FLR’s inflationary emissions (10% annually) create persistent sell pressure, so sustained price appreciation requires adoption growth to outpace supply expansion.

FLR has reasonable exchange coverage across 43 exchanges and 54 markets but faces liquidity fragmentation. The most active pair is FLR/USDT on OKX, followed by Bybit and Coinbase.