Chainflip

Chainflip

Native cross-chain DEX supporting trustless swaps between Bitcoin, Ethereum, and more

Launch Year
2024
Consensus
Proof of Stake (Substrate)
Max Supply
90,000,000 FLIP
Block Time
~6 seconds
FLIP
FLIP
Chainflip
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap FLIP Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Chainflip Price Chart

FLIP / USD
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Data by CryptoCompare

About Chainflip

Chainflip (FLIP) is a decentralized cross-chain DEX protocol enabling native asset swaps between Bitcoin, Ethereum, Solana, and other chains without wrapped tokens. Built on a custom Substrate blockchain, Chainflip uses threshold signature scheme (TSS) keys managed by validators to custody assets from multiple chains simultaneously. Users can swap native BTC for native ETH without going through wrapped versions or custodians. FLIP is used for validator staking (minimum 10,000 FLIP), governance, and fee payments on the network.

History

2020
Chainflip research begins; developing threshold signature-based cross-chain DEX
2022
Chainflip raises $10M; testnet launches with native BTC-ETH swaps
2024
Chainflip mainnet launches; FLIP token distributes; native swaps go live
2024
Chainflip integrates with major wallets; volume grows for BTC-ETH corridor

How to Swap FLIP

Exchanging Chainflip (FLIP) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose FLIP as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending FLIP from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store FLIP

FLIP (ERC-20) is stored in MetaMask, Ledger, or any Ethereum wallet. Validator operations use the Chainflip Engine software with staked FLIP.

Frequently Asked Questions