Flare Networks (FLR)
A smart contract platform designed for interoperability and data connectivity.
Flare Networks extends the reach of smart contracts to blockchains that were not originally designed for them.
Using its native FLR token, the network enables developers to create decentralized applications that can access
external data safely and efficiently.
Below you will find real-time market data from the CoinGecko API and a complete overview of how Flare brings new possibilities to cross-chain communication.
Flare Networks (FLR) Live Data
Current Price: $0.0149
Market Cap: $1,174,164,263
24h Volume: $3,763,387
24h Change: -0.29%
Rank: 93
Project Overview
Flare is a layer 1 blockchain that focuses on interoperability and secure data access. It uses a system of oracles and smart contracts that make it possible for applications to interact with external data sources and other blockchains.
The FLR token is used for network fees, governance, and staking. It also powers the reward systems for data providers who maintain decentralized information feeds on the network.
Key Insights
Flare Networks aims to make blockchain data more useful by allowing smart contracts to read reliable information from other chains and real-world systems.
This focus on connectivity gives developers a way to create more advanced dApps that combine multiple sources of truth — for example, combining DeFi logic with external price feeds or other ecosystem data.
Its combination of interoperability and data accessibility puts Flare in the same category as networks like Chainlink or Cosmos but with its own consensus model and reward system. That helps create a robust infrastructure for real-world decentralized applications.
Common Questions About Flare (FLR)
1. What is Flare?
A smart contract platform that brings interoperability to non-smart contract chains.
2. What is FLR used for?
FLR is used for transaction fees, staking, and governance within the network.
3. What makes Flare different?
Its oracles and data connectors allow seamless cross-chain communication.
4. Can developers build dApps on Flare?
Yes, Flare supports EVM-compatible applications that can connect to multiple blockchains.
Market Context
As more ecosystems develop their own smart contract layers, interoperability becomes essential. Flare’s unique combination of oracles and secure data relay mechanisms makes it a potential hub for multi-chain dApps. The more connected the blockchain landscape becomes, the more valuable Flare’s infrastructure could become.