Chainflip Labs reported that 13M FLIP burned, with supply now below the initial launch float by 1M.
Published
Signal category
Capital & Finance
Quote
“13M FLIP burned, supply now below initial launch float by 1M”
— Chainflip Labs team
Company
Chainflip Labs
The Bitcoin hub for BTC, ETH & SOL. Swap crosschain. Lend native BTC. Fully decentralized. https://swap.chainflip.io
- Industry
- Software Development
- Location
- Berlin, DE
- Company size
- 23 employees
Chainflip Labs brings you a decentralised, trustless protocol for seamless cross-chain swaps between major blockchains. Our protocol enables users to swap assets like BTC, ETH, SOL, USDC, and USDT directly, offering an experience to exchange without any wrapped tokens and traditional bridging, at a extremely competitive pricing using the JIT AMM. It is totally generalised, decentralised, and can be integrated with any chain using any transaction type, making it a powerful and flexible foundation for the present and future of cross-chain DeFi.
Founded 2020