Flare
flrRank #94Flare (FLR): an EVM Layer 1 that enshrines decentralized oracles and cross-chain data acquisition in the base protocol
Flare (FLR) powers an EVM-compatible Layer 1 whose defining bet is that data acquisition belongs in the base protocol rather than in third-party middleware. Two enshrined systems carry that thesis: the Flare Time Series Oracle (FTSO) delivers decentralized price and data feeds sourced from many independent providers, while the State Connector (and its FDC and FAssets lineage) attests to off-chain and cross-chain facts so contracts can act on verified external information. Both are secured by Flare's own validators and delegated stake rather than by an outside oracle vendor.
Native data feeds against established oracle networks
The proposition is that high-integrity data delivered natively unlocks use cases and monetization models other chains outsource to third-party oracles. The hurdles are adoption and competition: developer traction must materialize to justify the architecture, the token launched with a very broad free distribution that shapes supply dynamics, and established oracle networks and cross-chain messaging systems contest exactly the territory Flare targets. FLR pays gas and secures the data protocols through delegation and staking.
Betting on native data infrastructure
FLR suits those betting that native, decentralized data infrastructure becomes a durable niche. This is analysis, not advice.
- 1. Choose an exchange. Pick a reputable exchange that lists FLR — among the venues we rate highest are Binance, OKX and Kraken.
- 2. Create & verify your account. Register, enable two-factor authentication, and complete identity verification (KYC).
- 3. Deposit funds. Add money by bank transfer, card, or a stablecoin, depending on what the exchange supports in your region.
- 4. Buy FLR. Search for FLR, choose a market or limit order, enter your amount, and confirm.
- 5. Secure your coins. For long-term holdings, withdraw FLR to a self-custody wallet you control rather than leaving it on the exchange.
Compare venues in our independent exchange ratings. This is not financial advice.
What is Flare (FLR)?
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Flare (FLR) powers an EVM-compatible Layer 1 whose defining bet is that data acquisition belongs in the base protocol rather than in third-party middleware. Two enshrined systems carry that thesis: the Flare Time Series Oracle (FTSO) delivers decentralized price and data feeds sourced from many independent providers, while the State Connector (and its FDC and FAssets lineage) attests to off-chain and cross-chain facts so contracts can act on verified external information. Both are secured by Flare's own validators and delegated stake rather than by an outside oracle vendor.
What is Flare used for and how does it work?
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## Native data feeds against established oracle networks
What is the market cap and rank of Flare?
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Flare has a market capitalization of $545.58M, ranking #94 among all cryptocurrencies, on 24-hour trading volume of $1.59M.
How many FLR are in circulation?
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There are 86,787,817,744 FLR in circulation, and Flare has no fixed maximum supply.
What is the all-time high of Flare?
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Flare reached an all-time high of $0.150073 on Jan 9, 2023. It currently trades 96% below that level.
Is Flare a good investment?
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Simple Crypto Signal does not provide financial advice. FLR suits those betting that native, decentralized data infrastructure becomes a durable niche. This is analysis, not advice. As with all crypto, Flare is volatile and can lose value quickly — do your own research before investing.