What is Flare (FLR)?
RANK #99A layer-1 that brings decentralised data and oracles to other blockchains.
Flare market stats
Flare at a glance
- Ticker
- FLR
- Category
- Layer 1 · Oracle · Interoperability
- Consensus
- Proof-of-stake (EVM)
- Feature
- Built-in data protocols
- Supply model
- Inflationary
- Compatibility
- EVM
Categories: Smart Contract Platform · Layer 1 (L1) · DWF Labs Portfolio
How Flare works
Flare (FLR) is an EVM-compatible layer-1 designed to provide decentralised data to applications. Its built-in protocols deliver price feeds and the ability to acquire information from other chains and the internet without a centralised oracle.
FLR is used for fees, staking and securing Flare’s data protocols, positioning the chain as a data layer for cross-chain applications.
Flare embeds oracle-style data protocols directly into the base layer, so developers can access decentralised price feeds and external data natively rather than bolting on a third-party oracle.
Being EVM-compatible lets developers port Ethereum tooling and contracts.
What moves the Flare price?
- Adoption of its data protocols by developers.
- Cross-chain and DeFi activity on Flare.
- Token distribution and emissions.
- The broader market cycle.
What FLR is used for
- Transaction fees and staking on Flare.
- Securing the network’s data and oracle protocols.
- Participating in governance.
Flare FAQ
What is Flare (FLR)?
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Flare is an EVM-compatible layer-1 blockchain with built-in decentralised data and oracle protocols, aimed at bringing reliable external data to applications.
What makes Flare different?
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Flare provides decentralised price feeds and external data natively at the protocol level, rather than relying on a separate oracle provider.
What is FLR used for?
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FLR is used for transaction fees, staking and securing Flare’s data protocols.
How do I buy Flare?
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FLR is listed on major exchanges and supported by EVM-compatible wallets.
This page is information, not financial advice. Prices come from CoinGecko; the text is written and checked by our desk. See our editorial policy.