FLX

Flux price 
FLX

$0.1989  

8.60% (1d)

Flux Protocol has rebranded to SEDA Protocol. Find more details in their announcement and visit the SEDA Protocol page here.

Flux to USD Chart

Loading Data

Please wait a moment.

Add to watchlist
Flux statistics
Market cap
 

0.00%

$2,983,398
#5087
Volume (24h)
 

48.02%

$8,397
#4604
Volume/Market cap (24h)
 
0.28%
Self-reported circulating supply
 
15,000,000 FLX
1.50%
Total supply
 
0 FLX
Max. supply
 
1,000,000,000 FLX
Fully diluted market cap
 
$198,893,210
FLX to USD Converter
FLX
USD
Price performance
24h 
Low
$0.1791
High
$0.2004
All-time high
Dec 05, 2021 (2 years ago)
$1.48
-86.52%
All-time low
Oct 20, 2023 (4 months ago)
$0.01651
+1104.43%
See historical data
Popularity
In watchlists2,177x
4387th / 8.9K
Do you own this project? Update Token Info

Flux Protocol has rebranded to SEDA Protocol. Find more details in their announcement and visit the SEDA Protocol page here.

Loading Data

Please wait a moment.

Flux community

 
 
 
 
 
 
 
 
 
 
skeleton-white

Flux markets

All pairs

Loading data...

Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure

Flux news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Flux

Flux Oracle is the backbone of a fully permissionless and decentralized infrastructure for working with and resolving off-chain data on the blockchain. This Oracle has been uniquely designed for flexibility without security trade-offs while being robust enough to scale with economic guarantees.

Data requests sent through the network are validated and settled by validators who have to put up collateral in the network’s native asset to simultaneously secure the network while making it difficult for malicious actors to corrupt data requests. This mechanism is proportionately correlated with the Total Value Secured (TVS) by the protocol, incentivizing validators to resolve data requests honestly and disincentivizing malicious actors from resolving outcomes incorrectly. When a data request needs to be settled, validators stake the network’s token to earn the data request fee in question. If there is more value secured by the protocol, validators are rewarded from the increased data request fees. When less data is secured, the fees drop to disincentivize malicious actors as less value stands to be gained, incentivizing data request providers to leverage the Oracle cheaply.

The economic guarantee mechanism is based on fluctuating data request fee model that increases or decreases according to the amount of value locked in the protocol. Doing this ensures that validators are proportionately incentivized to resolve data outcomes correctly.