Get up to $200 for getting started
Coinbase Logo
Flow logo

Flow

FLOW

Trade Flow today

Create a Coinbase account to buy and sell Flow on the most secure crypto exchange.

About Flow

FLOW is a cryptocurrency that powers Flow, a layer one blockchain and smart contract platform. FLOW can be used to pay for transactions, vote on the future of the network, and staked by validators to secure the network.

Flow is a proof-of-stake blockchain designed to support the next generation of decentralized applications, NFTs, DeFi, DAOs, and more. It aims to be the foundation of Web3 and the open metaverse, striving to bring the next billion users to Web3. Flow is powered by Cadence, a unique programming language specifically built for digital assets. This platform is the creation of a team that has consistently delivered consumer-scale experiences. Flow seeks to empower developers to innovate and push the boundaries of what's possible in the digital asset space.

Flow operates using a unique multi-node architecture that separates the tasks of consensus and computation. This separation allows Flow to increase throughput without compromising security. The architecture of Flow is designed to support consumer-scale decentralized applications by increasing performance and preserving ACID guarantees. Flow uses a variant of the HotStuff consensus algorithm for Consensus Nodes to agree on the blocks they will honor at every block height. Additionally, Flow employs a novel cryptographic technique called Specialized Proofs of Confidential Knowledge (SPoCKs) to address the Verifier’s Dilemma, ensuring the security and integrity of computations.

Flow is designed to support a wide range of use cases in the decentralized digital space. It aims to support the open metaverse, a collective virtual shared space created by the convergence of virtually enhanced physical reality and physically persistent virtual reality. Flow's unique programming language, Cadence, allows developers to create innovative digital assets and push the boundaries of what's possible in Web3. Furthermore, Flow's architecture is designed to support the development of applications that can scale to meet the demands of mainstream adoption.

Flow was created by a team that has consistently delivered consumer-scale experiences, including CryptoKitties, NBA Top Shot, and NFL ALL DAY. The genesis block of Flow was created in June 2020, with 1.25 billion FLOW tokens. Flow's unique architecture, which separates consensus and computation, was outlined in a series of technical papers. The Flow network is planned to undergo a significant upgrade that aims to enhance its Byzantine Fault Tolerance capabilities and set the groundwork for a more efficient data exchange format, new streaming APIs, and a potential increase in transaction throughput.

Flow employs a unique consensus mechanism that combines elements of Proof-of-Stake (PoS) with a variant of the HotStuff consensus algorithm. This hybrid model is designed to balance decentralization, security, and scalability. In the PoS component, validators are chosen to create new blocks and validate transactions based on the number of tokens they hold and are willing to "stake" as collateral. This introduces a layer of economic security to the network, as validators are incentivized to maintain the integrity of the blockchain. The HotStuff consensus algorithm, adapted for Flow, focuses on achieving block finality efficiently. It enables nodes to quickly agree on the validity of a block, enhancing the overall throughput of the network. This is especially crucial for applications on Flow that demand low-latency and high-performance, such as decentralized applications (DApps) and non-fungible tokens (NFTs). The hybrid model employed by Flow has characteristics such as being designed with the intention to have lower energy consumption than some traditional systems, efficient transaction confirmation times, and it is designed with the intention to scale horizontally to potentially accommodate a growing user base and expanding ecosystem.

Flow is a blockchain that aims to be decentralized, efficient, and accommodating to developers, with a focus on supporting the creation of non-fungible tokens (NFTs) and digital assets. Developed by Dapper Labs, the team behind CryptoKitties and NBA Top Shot, Flow provides a platform for digital collectibles and decentralized applications (dApps). Flow is recognized for its distinct architecture, which aims to balance speed, risk mitigation, and scalability. It utilizes a programming language called Cadence, which is designed with user-friendliness in mind, aiming to make it accessible for developers. Flow's architecture places emphasis on risk mitigation, and it aims to mitigate the risk of hacks and vulnerabilities. It facilitates the creation and distribution of NFTs, and supports the integration of wallets to facilitate user interaction.

The Flow token (FLOW) serves as the native token for the Flow blockchain ecosystem and is utilized for various functions within the network. It is necessary for the computational power that processes transactions within the Flow ecosystem. This implies that every operation on the network, from the creation of new user accounts to the storage for assets and smart contracts, necessitates a small amount of FLOW tokens. Additionally, FLOW tokens are involved in the staking process, which aims to bolster the network's security and ensure the completion of transactions. Participants in this process may receive non-monetary incentives for their contribution. FLOW tokens also play a role in the governance of the Flow blockchain, allowing token holders to vote on proposals for protocol updates and contribute to the decision-making process within the ecosystem. Moreover, FLOW tokens are intended to be incorporated into smart contracts and applications developed on the Flow blockchain, facilitating peer-to-peer transactions and providing users with non-financial incentives.

Yes, developers can build decentralized applications (DApps) on the Flow blockchain. Flow is a decentralized blockchain designed to support a new generation of games, apps, and digital assets. It uses a unique, multi-role architecture that aims to scale without sharding, aiming to enhance speed and throughput while maintaining an ACID-compliant environment. Developers can use Flow's smart contract language, Cadence, to create digital artifacts where ownership is tracked by the language itself. Flow also provides various SDKs and third-party services to facilitate DApp development, including transaction management and blockchain data access. Flow's architecture allows for the development of both non-custodial and custodial DApps.

Flow is a blockchain designed with a distinctive architecture that aims to support the next generation of games, apps, and digital assets. It separates the tasks typically done by a single node across five different node types, with the intention of reducing redundant effort and striving for improved efficiency. This architecture is designed to maintain a single shared state for all smart contracts, with the goal of ensuring that each transaction has full ACID (Atomicity, Consistency, Isolation, Durability) guarantees. This approach is intended to allow developers to build on top of each other's code, with the potential to create new products and services. This concept is referred to as composability. Flow also introduces a new programming language called Cadence, which is specifically designed for writing smart contracts. Cadence is intended to simplify the creation of auditable crypto applications. Flow also aims to support upgradable smart contracts, with the goal of improving usability for developers and consumers.

Flow blockchain is designed to support a new generation of games, apps, and digital assets. It has a unique multi-role architecture that aims to scale without sharding, aiming to offer improvements in speed and throughput while maintaining a developer-friendly environment. This positions Flow as a platform for partnerships and projects. Flow aims to bring blockchain technology to mainstream audiences, creating new kinds of digital assets and building open economies owned by the users. Projects built on Flow can utilize its resource-oriented programming language, Cadence, which is designed with a focus on safety. This facilitates the creation of uniquely durable digital artifacts where ownership is tracked by the language itself, enabling a new category of applications. Therefore, the role of partnerships and projects built on the Flow blockchain lies in its potential to influence the methods of digital asset creation, ownership, and trading, while providing a platform for developers.

Flow aims to address the issues of high gas fees and transaction speed by utilizing a unique multi-node architecture. This architecture is intended to enable Flow to scale to higher throughput at a lower cost, while striving to maintain a shared execution environment for all operations on the network. Flow's framework is built on a Proof-of-Stake (PoS) protocol, which aims to avoid the computational cost of traditional Proof-of-Work mechanisms, potentially contributing to lower transaction fees. Flow's architecture, without sharding, seeks to maintain an ACID-compliant environment, which could potentially facilitate transactions.

Flow is based on a distinct, multi-role architecture, and designed to scale without sharding, aiming to enhance speed and throughput while preserving a developer-friendly, ACID-compliant environment. Flow provides tools for developers to build crypto- and crypto-enabled businesses. Applications on Flow aim to provide users with autonomy over their data; create new kinds of digital assets tradable on open markets accessible from anywhere in the world; and build open economies owned by the users that help make them valuable. Smart contracts on Flow can be assembled like Lego blocks to power apps serving a large user base, from basketball fans to businesses with mission-critical requirements. Flow's design is distinct, with the intention for the network to scale to accommodate a large user base without sharding, maintaining decentralization of consensus.

Flow has participated in various initiatives and collaborations within the blockchain industry. This has involved working with a diverse range of stakeholders, including government bodies, private sector organizations, and research institutions. Flow has contributed to discussions and research on how blockchain technology aims to improve collaboration, particularly in the public sector. This has involved exploring how blockchain can support relationships and trust by aiming to improve data security, enabling democratic sharing of information, creating smart contracts, and reducing costs associated with building and maintaining relationships. Flow is also involved in ongoing research exploring the application of blockchain in various sectors, such as healthcare and climate action. These initiatives seek to provide practical guidance on applying blockchain to facilitate broader collaboration and partnerships.

Market

Market stats

Market cap

$1.3B

Volume (24h)

$43.8M

Circulating supply

1.5B FLOW

Typical hold time

42 days

Popularity

#64

All time high

$46.16

Price change (1h)

-0.13%

Price change (24h)

-3.12%

Price change (7d)

-0.11%

Related Assets

People also view

People who viewed Flow tend to also view the following cryptocurrencies.

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Flow in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Discover more assets

A selection of other relevant cryptocurrencies

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Flow is on the decline this week.

The price of Flow has decreased by 0.13% in the last hour and decreased by 3.12% in the past 24 hours. Flow’s price has also fallen by 0.11% in the past week. The current price is $0.89 per FLOW with a 24-hour trading volume of $43.77M. Currently, Flow is valued at 98.07% below its all time high of $46.16. This all-time high was the highest price paid for Flow since its launch.

The current circulating supply of Flow is 1,503,293,597 FLOW which means that Flow has as total market cap of 1,503,293,597.

FAQ

What is the current price of Flow?

We update our Flow to USD currency in real-time. Get the live price of Flow on Coinbase.

What is the market cap of Flow?

The current market cap of Flow is $1.34B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Flow?

The all-time high of Flow is $46.16. This all-time high is highest price paid for Flow since it was launched.

What is the 24 hour trading volume of Flow?

Over the last 24 hours, the trading volume of Flow is $43.77M.

What other assets are similar to Flow?

Assets that have a similar market cap to Flow include MultiversX, Algorand, Helium, and many others. To see a full list, see our comparable market cap assets.

How many Flow are there?

The current circulating supply of Flow is 1.5 billion.

What is the typical holding time of Flow?

The median time that Coinbase customers hold Flow before selling it or sending it to another account or address is 42 days.

What is the relative popularity of Flow?

Flow ranks 143 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Flow?

Currently, 95% of Coinbase users are buying Flow. In other words, 95% of Coinbase customers have increased their net position in Flow over the past 24 hours through trading.

Can I buy Flow on Coinbase?

Yes, Flow is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Flow guide.