Flare

Flare

FLR #87
CCC 50% L1 Protocol Watch

Project Safety Score: 50%

Updated 1 minute ago
FlareFLR
Market Cap$635738923
24hr Volume$2790248
24hr Change-2.6%
Price$0.007439263297232907
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
89 AA
100% · medium
Developer
Health
0 F
100% · medium
Network
Security
70 BBB
100% · medium
Social
Behavioral
55 CCC
80% · low
Adoption
& Liquidity
36 C
100% · high

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FLR Flare Details
Type
Layer 1 blockchain
Launched
2019
HQ
British Virgin Islands
Team
Anonymous
Smart Contract PlatformLayer 1 (L1)DWF Labs Portfolio

Flare is an EVM-based Layer 1 blockchain aimed at enabling developers to create applications that interact with other blockchains and the internet. Its architecture is designed to provide decentralized access to accurate data through its native interoperability protocols, such as the State Connector and the Flare Time Series Oracle, which facilitate secure and scalable data transfer from off-chain sources.

The native token of Flare, FLR, serves multiple functions, including payments and transaction fees, which help to prevent spam attacks on the network. FLR can also be wrapped into an ERC-20 token variant known as WFLR. This wrapped version can be used for delegating to data providers and participating in governance, while still being compatible with other EVM-compatible applications and smart contracts on the Flare network.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track Record score 89 out of 100.
Flare has a strong track record, having been live for 7.3 years without any regulatory actions or historical incidents. This solid foundation reflects positively on the project, although there are some concerns raised by research that warrant attention. Overall, the account demonstrates reliability and transparency in its operations.

Developer Health score 0 out of 100.
Flare shows significant weaknesses in developer health, as indicated by the absence of GitHub stars, forks, recent commits, and contributors. The lack of recent activity raises concerns about the project's ongoing development and long-term viability, which could affect the asset's stability and future growth.

Network Security score 70 out of 100.
With a score of 70, Flare's network security is considerably solid. It boasts a long chain age of 7.3 years, with no historical incidents reported. However, the absence of a defined supply cap introduces potential inflation risks. Despite these concerns, a strong circulating ratio indicates effective management of the asset's total supply.

Social Behavioral score 61 out of 100.
Flare's social behavior score reflects moderate engagement within its community. While sentiment is extremely positive with no negative feedback, audience metrics from platforms like Twitter and Reddit are limited. Overall, the project benefits from solid community support, but greater visibility could enhance its social profile.

Adoption Liquidity score 39 out of 100.
Flare faces challenges in adoption liquidity, scoring 39 out of 100. It has a notable daily transaction volume, but this is overshadowed by a relatively moderate market cap. While the project has established numerous exchange listings, these features signal the need for increased trading activity and investor interest.

Inherent crypto risk is present for Flare, as indicated by its mixed scores across various categories. The lack of developer activity and potential inflation risks could impact long-term stability, despite its solid track record and positive community sentiment. Investors should approach with caution, considering the unique challenges that this asset presents.

  • Zellic 2026-04-01 pass report ↗
    Audit of FAsset Redeem Composer.
  • Zellic 2026-04-01 pass report ↗
    Audit of Smart Accounts Diff v2.
  • Zellic 2026-02-01 pass report ↗
    Audit of Flare Smart Accounts Diff v1.
  • Zellic 2025-11-01 pass report ↗
    Audit of Flare Smart Accounts.
  • OpenZeppelin 2026-01-01 pass report ↗
    Audit of FAssets.
  • Zellic 2025-11-01 pass report ↗
    Audit of FAssets Diff v3.
View whitepaper ↗ (2023)
Quality: high
Max supply: 100,000,000,000 FLR
Next unlock: 2026-04-01
  • 81% of total supply is in circulation, indicating significant distribution
  • High-quality whitepaper available, detailing tokenomics and project vision
  • Majority of recent sentiment is negative
  • No recent code commits
  • No hard cap on total token supply
  • Team is anonymous
  • Public scam allegations have been raised

Price Chart - Flare

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85%
Profile Status
Data completeness
Some data missing
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$0.15
All-Time Low$0.0065
Circulating85503969445
Total Supply106010504403

Community Sentiment

👍 25% 75% 👎

Recent News

Exploring FLR’s sudden gains – Flare Network trading volume explodes 181%!

general 2 sources 5 days, 22 hours ago

Flare (FLR) Bounces 4-5% on DeFi Progress, ETP Launch

general 1 source 1 week, 2 days ago

Flare moves $4 million in XRP DeFi without halting trading.

general 1 source 1 week, 4 days ago

$4M XRP Liquidity Rollover Marks Major Achievement for Flare

general 1 source 1 week, 5 days ago

Flare CEO says it is earning from dormant XRP, moves to expand DeFi with institutional funds and RWA

general 1 source 2 weeks, 2 days ago

From Payments to Yield Powerhouse: How Flare’s Hugo Philion Sees XRP Becoming a DeFi Collateral Engine

general 1 source 2 weeks, 3 days ago

Flare aims to unlock DeFi and smart contracts for XRP holders, expanding its use beyond payments.

general 1 source 2 weeks, 4 days ago

Flare and D’CENT Bring One-Flow XRP Yield Access to Hardware Wallet Users

general 1 source 2 weeks, 6 days ago

Flare prepares a new era for XRP through DeFi and privacy

general 1 source 3 weeks, 2 days ago

VC Fund Advisor Said XRP Was Worth Nothing, but I Was Determined to Bring DeFi to XRP — Flare Founder

general 1 source 3 weeks, 4 days ago
Posts from the FlareNetworks
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