Chainflip FLIP
Rank #739 by market cap
Last 7 days
CM Profile: Chainflip
Cryptominium Profile. What we have established, measured and written about FLIP, and what we have not.
- Measured
- Selling $100,000 of FLIP on Ethereum returned 35.0% less than the quoted price, on 17 October 2026.
- Its price, recorded by us every day since 17 August 2026.
- Written, with sources
- Not established
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold FLIP. How each part is worked out
What changed
Week to 17 OctoberNothing we measure moved much this week: the cost of selling on Ethereum and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell FLIP
Selling $100,000 of FLIP returned 35.0% less than the quoted price — Severe. Measured 2026-10-17 on Ethereum.
What Chainflip is
Chainflip is a decentralised protocol designed to let users swap cryptocurrency assets across different blockchains without wrapped tokens or traditional bridging, and without giving up custody of their assets during the process. Swaps are priced through what the protocol calls a "Just-in-Time" Automated Market Maker (JIT AMM). The protocol is described as generalised, meaning it can in principle be integrated with any chain and any transaction type.
The network is secured by a set of 150 validators who stake FLIP, the protocol's native token, in order to participate. Validators are rewarded in FLIP and receive value indirectly through protocol fees. Every swap conducted on the platform also triggers an automatic buy-and-burn of FLIP through the liquidity pool system, a mechanism intended to apply deflationary pressure on supply as trading volume rises.
FLIP is a utility and staking token, not a claim on protocol revenue or governance rights beyond what's described here — the source frames its value accrual as indirect, via fees paid to validators and the burn mechanism, not direct distributions to holders. Its deflationary effect is tied to swap volume, meaning it scales with usage rather than operating independently of it. Despite Chainflip's stated purpose of enabling cross-chain swaps across "any" blockchain, the token itself is deployed on a single chain, Ethereum. CoinGecko classifies it partly as a bridge governance token and lists venture-fund associations, but the source material provided here does not describe formal governance powers attached to FLIP, nor does it name a founding team or a launch date.
Where FLIP lives
On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Chainflip data synced 3m ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell FLIP.