Centrifuge

Centrifuge

Bringing Real-World Assets On-Chain for DeFi

Launch Year
2021
Consensus
Nominated Proof of Stake
Max Supply
Uncapped (inflationary)
Block Time
~6 seconds
CFG
CFG
Centrifuge
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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Centrifuge Price Chart

CFG / USD
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About Centrifuge

Centrifuge (CFG) is a blockchain protocol enabling real-world assets (RWA) like invoices, mortgages, trade finance, and consumer credit to be tokenized and financed through DeFi. Businesses ('issuers') pool their assets in Centrifuge pools, which are funded by DeFi investors seeking stable yields backed by real-world collateral. Centrifuge is a Polkadot parachain and has become a key RWA protocol partnering with MakerDAO for DAI liquidity. CFG is used for governance and to pay transaction fees on Centrifuge Chain.

History

2021
Centrifuge Chain launches as a Polkadot parachain; Tinlake DeFi lending protocol goes live
2022
MakerDAO becomes a major investor in Centrifuge pools, providing DAI liquidity
2023
Centrifuge Pools v3 launches; over $500M in assets financed
2024
Centrifuge expands to Ethereum and Base; more institutional RWA pools onboard

How to Swap CFG

Swapping Centrifuge (CFG) on SyntheticSwap requires no registration or KYC. CFG is a Polkadot ecosystem token, supported by Polkadot.js extension, Talisman, SubWallet, and Ledger. Open SyntheticSwap, select CFG as your source or destination asset, provide your receiving wallet address, and confirm the floating rate. After sending CFG to the deposit address, the destination asset is automatically delivered to your wallet once the transaction is confirmed.

How to Store CFG

CFG is stored natively on Centrifuge Chain (using Polkadot/Substrate wallets like Nova Wallet) or as wCFG (ERC-20) in MetaMask. For governance participation, use Centrifuge Chain with a Substrate wallet.

Frequently Asked Questions