Centrifuge price

in USD
$0.2719
-$0.0039 (-1.42%)
USD
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Market cap
$43.02M #236
Circulating supply
158.34M / --
All-time high
$2.597
24h volume
$298.38K
3.3 / 5

About Centrifuge

Centrifuge (CFG) is a cryptocurrency that powers a decentralized platform for real-world asset (RWA) tokenization. It enables businesses to convert assets like invoices, loans, and treasury bonds into digital tokens, making them accessible on the blockchain. These tokenized assets can then be used as collateral in decentralized finance (DeFi) applications, providing liquidity and transparency. CFG is used for governance, staking, and fees within the Centrifuge ecosystem. By bridging traditional finance with blockchain technology, Centrifuge aims to unlock global capital and create new opportunities for investors and businesses alike.
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Last audit: --

Disclaimer

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Centrifuge’s price performance

Past year
-29.78%
$0.39
3 months
+42.50%
$0.19
30 days
-25.86%
$0.37
7 days
-7.93%
$0.30
52%
Buying
Updated hourly.
More people are buying CFG than selling on OKX

Centrifuge on socials

比特币橙子Trader
比特币橙子Trader
Crypto Daily Briefing * Important information you can't miss every day * September 25, 2025 1. U.S. Treasury Secretary Yellen: The Federal Reserve's interest rates have been too high for too long; we will enter a period of easing. Powell should have signaled a rate cut of 100 to 150 basis points; 2. @Griffin_AI $gain just went live on Alpha yesterday and was hacked today, with hackers maliciously minting over 5 billion, causing it to crash to zero. According to @GoPlusZH's analysis, the $GAIN abnormal minting was unauthorized LayerZero Peer initialization and malicious exploitation, similar to the recent Yala attack incident. 3. Tonight at 9 PM, XPL will be listed on major exchanges. Currently, CB has not announced it, but other major exchanges have announced the listing. Based on the contract market quotes, the FDV is around 8 billion USD. Let's see how it opens; if it can drop below 0.5, that would be fantastic. If not, don't FOMO too much; there will always be opportunities; XPL tokenomics: Total supply of 10 billion, HODLer airdrop accounts for 0.75%, initial circulation 18%; Maximum supply: Unlimited (first-year inflation rate 5%, decreasing by 0.5% each year, maintaining a minimum of 3%); HODLer airdrop reward: 75,000,000 XPL (0.75% of the total genesis supply); 4. @synthetix_io announced two days ago that they will launch prep, and started pumping yesterday; you can continue to follow up; 5. @Mira_Network has set the TGE date for the 26th; 6. @Mira_Network has set the TGE date for the 26th; 7. #Aster holders with more than 3 tokens can go to StandX @StandX_Official's DIS to receive an identity, and there will be an airdrop at that time; 8. @FTDA_US Franklin Templeton will expand its self-developed tokenization platform Benji to the BNB Chain; 9. @trylimitless will participate in new offerings at @KaitoAI, which is a prediction market project with a 75M FDV, also with 50% released at TGE, and the other 50% locked for 6 months before unlocking; 10. COINBASE new listings: Spot trading for Centrifuge (CFG) and TROLL (TROLL) will go live on September 25, 2025; 11. Today's Alpha features ChainOpera AI #coai; 12. The perpetual sector is still ongoing, with ASTER's revenue close to 10M yesterday, and a large number of bots are still on the way, becoming increasingly competitive. If you are a retail investor, it might be better to explore the neighboring avnt or other yet-to-be-listed targets; 13. The conspiracy surrounding Bonk & wlfi's $real has gone to moonshot, and while it briefly hit $1, it was quickly sold off. These targets can be closely monitored, as there may be opportunities after Aster's market attention fades; [Market Analysis] Bitcoin continues to adjust, and most altcoins are suffering, hitting new lows with no resistance. Currently, in the altcoin space, aside from Binance's Alpha series, the vast majority are performing poorly, going up and coming down with no sustainability; Currently, market attention is on the perpetual and stablecoin sectors, so stay away from short-term investments outside these two sectors, focusing on tonight's XPL; Perpetual sector $HYPE $ASTER $AVNT; Stablecoin sector $XPL $STBL; [Risk Reminder] Digital assets are highly volatile and carry extreme risks. Please participate cautiously, avoid over-leveraging, and reject loan leverage;
比特币橙子Trader
比特币橙子Trader
Crypto Daily Briefing * Important information you can't miss every day * September 25, 2025 1. U.S. Treasury Secretary Yellen: The Federal Reserve's interest rates have been too high for too long; we will enter a period of easing. Powell should have signaled a rate cut of 100 to 150 basis points; 2. @Griffin_AI $gain just went live on Alpha yesterday and was hacked today, with hackers maliciously minting over 5 billion, causing it to crash to zero. According to @GoPlusZH's analysis, the $GAIN abnormal minting was unauthorized LayerZero Peer initialization and malicious exploitation, similar to the recent Yala attack incident. 3. Tonight at 9 PM, XPL will be listed on major exchanges. Currently, CB has not announced it, but other major exchanges have announced the listing. Based on the contract market quotes, the FDV is around 8 billion USD. Let's see how it opens; if it can drop below 0.5, that would be fantastic. If not, don't FOMO too much; there will always be opportunities; XPL tokenomics: Total supply of 10 billion, HODLer airdrop accounts for 0.75%, initial circulation 18%; Maximum supply: Unlimited (first-year inflation rate 5%, decreasing by 0.5% each year, maintaining a minimum of 3%); HODLer airdrop reward: 75,000,000 XPL (0.75% of the total genesis supply); 4. @synthetix_io announced two days ago that they will launch prep, and started pumping yesterday; you can continue to follow up; 5. @Mira_Network has set the TGE date for the 26th; 6. @Mira_Network has set the TGE date for the 26th; 7. #Aster holders with more than 3 tokens can go to StandX @StandX_Official's DIS to receive an identity, and there will be an airdrop at that time; 8. @FTDA_US Franklin Templeton will expand its self-developed tokenization platform Benji to the BNB Chain; 9. @trylimitless will participate in new offerings at @KaitoAI, which is a prediction market project with a 75M FDV, also with 50% released at TGE, and the other 50% locked for 6 months before unlocking; 10. COINBASE new listings: Spot trading for Centrifuge (CFG) and TROLL (TROLL) will go live on September 25, 2025; 11. Today's Alpha features ChainOpera AI #coai; 12. The perpetual sector is still ongoing, with ASTER's revenue close to 10M yesterday, and a large number of bots are still on the way, becoming increasingly competitive. If you are a retail investor, it might be better to explore the neighboring avnt or other yet-to-be-listed targets; 13. The conspiracy surrounding Bonk & wlfi's $real has gone to moonshot, and while it briefly hit $1, it was quickly sold off. These targets can be closely monitored, as there may be opportunities after Aster's market attention fades; [Market Analysis] Bitcoin continues to adjust, and most altcoins are suffering, hitting new lows with no resistance. Currently, in the altcoin space, aside from Binance's Alpha series, the vast majority are performing poorly, going up and coming down with no sustainability; Currently, market attention is on the perpetual and stablecoin sectors, so stay away from short-term investments outside these two sectors, focusing on tonight's XPL; Perpetual sector $HYPE $ASTER $AVNT; Stablecoin sector $XPL $STBL; [Risk Reminder] Digital assets are highly volatile and carry extreme risks. Please participate cautiously, avoid over-leveraging, and reject loan leverage;
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Russel Hack
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Centrifuge FAQ

Centrifuge is a decentralized finance (DeFi) protocol that revolutionizes the tokenization of real-world assets. Centrifuge converts these assets into non-fungible tokens (NFTs), unlocking their value and enabling seamless integration with the broader DeFi ecosystem. The protocol's Tinlake decentralized application (DApp) acts as a gateway, providing access to the liquidity and functionality of the Ethereum blockchain.

Centrifuge offers several benefits to its users. One key advantage is the elimination of third-party intermediaries, such as banks, when obtaining loans for real-world assets. This provides borrowers an alternative financing option and expands their access to financial opportunities. 

Additionally, Centrifuge's integration of real-world assets into the DeFi space unlocks a diverse range of financial tools that would otherwise be inaccessible through traditional financial systems.

You can buy CFG tokens on a number of different spot trading markets. One example is OKX which offers a CFG/USDT pair. 

Swap your existing cryptocurrencies, including Bitcoin (BTC), Cardano (ADA), Tether (USDT), and USD Coin (USDC), for CFG with zero fees and no price slippage by using OKX Convert.

Currently, one Centrifuge is worth $0.2719. For answers and insight into Centrifuge's price action, you're in the right place. Explore the latest Centrifuge charts and trade responsibly with OKX.
Cryptocurrencies, such as Centrifuge, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Centrifuge have been created as well.
Check out our Centrifuge price prediction page to forecast future prices and determine your price targets.

Dive deeper into Centrifuge

Purchasing cryptocurrency offers numerous benefits, including uninterrupted market access, fast transactions, and user autonomy over their assets. However, the notable drawback is the significant volatility that cryptocurrencies often exhibit.

While some volatility is necessary for trading opportunities, the crypto market tends to experience heightened fluctuations. This is where projects like Centrifuge (CFG) come into play, aiming to provide a less volatile alternative while retaining the advantages of cryptocurrencies.

What is Centrifuge?

Centrifuge is a decentralized asset financing protocol that bridges the gap between real-world assets (RWA) and decentralized finance (DeFi). By connecting these two realms, Centrifuge offers traders a stable source of income while reducing the cost of capital for small and mid-size enterprises (SMEs).

The project's primary objective is to generate profits independent of the volatility of traditional crypto assets. It aims to achieve this by facilitating the transfer of real monetary value from fiat currencies to the crypto space, providing a more stable and reliable trading option.

The Centrifuge team

The Centrifuge team, composed of Martin Quensel and Lucas Vogelsand, launched the project in 2017. Vogelsand, the founding engineer of Centrifuge, also holds the CEO position within the company. Before his involvement with Centrifuge, he co-founded DeinDeal, a well-known e-commerce startup, in 2010. Quensel, on the other hand, serves as the project's COO. Before his role at Centrifuge, he was also a co-founder of Taulia.

How does Centrifuge work?

Centrifuge allows its client companies to access the liquidity of DeFi. They get to tokenize real assets, and use these tokens as collateral for accessing financing using Tinlake, the project’s decentralized application (DApp) lending protocol. Centrifuge’s network was built on Polkadot, so it also gets access to fast speeds and low fees.Meanwhile, its financial DApp Tinlake was built to access the liquidity on Ethereum.

CFG: Centrifuge's native token

Centrifuge has its native cryptocurrency called CFG token. The CFG token was introduced in July 2021 and does not have a maximum supply. The total supply of CFG tokens is currently 430.01 million. As of June 2023, the circulating supply of CFG tokens is 360.26 million units.

CFG token use cases

The CFG token serves various use cases within the Centrifuge ecosystem. It is utilized for trading, investing, and staking activities. Additionally, the token powers the network infrastructure and the project's DApp. It is also employed for paying transaction fees and participating in governance decisions.

Distribution of CFG

The distribution of CFG tokens is as follows:

  • 17.1 percent is allocated to private round funding.
  • 8 percent is allocated to public funding rounds.
  • 27 percent is allocated to the team.
  • 11.8 percent is allocated for the development of the project.
  • 7.3 percent is set aside for rewards.
  • 11.8 percent is allocated to the foundation.
  • 9.9 percent is allocated toward the ecosystem.
  • 7.1 percent is allocated for grants.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKCoin Europe Ltd
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
centrifuge
Consensus Mechanism
Moonbeam employs a Delegated Proof of Stake (DPoS) consensus mechanism combined with the Polkadot relay chain for enhanced scalability, finality, and security. It utilizes collators and validators, with finality provided by the GRANDPA finality gadget, ensuring deterministic block finality. Key Features of Moonbeam's Consensus Mechanism: 1. Delegated Proof of Stake (DPoS): Collators and Validators: In Moonbeam’s DPoS system, collators maintain the parachain by collecting transactions from users and producing state transition proofs. The collator set is chosen based on the stake they have, including delegated stake. Delegation: Token holders can delegate their stake to collator candidates. The top collator candidates, including those with delegated stake, join the active set. Collators in the active set are randomly selected to produce blocks. Stakes and Block Production: Once a collator is in the active set, their total stake does not impact their chance of being selected to produce blocks. 2. Polkadot Relay Chain Integration: Moonbeam is built as a parachain on Polkadot, which provides shared security, scalability, and consensus. The relay chain validators ensure that Moonbeam’s blocks are validated and secured. 3. GRANDPA Finality: Deterministic Finality: Moonbeam relies on Polkadot’s GRANDPA finality gadget, which provides fast and deterministic finality for transactions. When a block is finalized, it cannot be reverted except through on-chain governance or forking. Parallel Finality: The finality process in Moonbeam occurs simultaneously with block production, unlike Ethereum, which has slower finality. GRANDPA allows for the quick confirmation of blocks, often within a single block on Moonbeam. 4. Block Production: Blocks are produced by collators who are selected based on their stake and delegated stake, contributing to the network’s decentralized nature.
Incentive Mechanisms and Applicable Fees
Moonbeam incentivizes participation through staking rewards for collators and token holders, alongside transaction fees. Here's an overview of the incentive mechanism and applicable fees: Incentive Mechanism: 1. Collator Rewards: Block Rewards: Collators are rewarded with newly minted tokens for successfully producing and validating blocks. These rewards are distributed proportionally to the collators in the active set. Transaction Fees: Collators also earn transaction fees from the transactions included in the blocks they produce. These fees are paid by users to prioritize their transactions. 2. Delegation Rewards: Delegated Stake: Token holders can delegate their stake to collator candidates. By doing so, they share in the rewards earned by the collators to whom they delegate their tokens. This incentivizes the broader community to participate in governance and block production. Voting Power: Token holders who delegate their stake to collators help secure the network and participate in the selection of active collators. 3. Governance Participation: Voting on Network Proposals: Moonbeam uses its native tokens to allow participants to vote on governance proposals, helping to influence the future direction of the network and incentivizing active involvement in network management. Applicable Fees: 1. Transaction Fees: Fee Calculation: Transaction fees on Moonbeam are determined based on the complexity and size of the transaction. Users pay these fees in the native token (GLMR), which are distributed to the collators. Fee Distribution: The fees are split between collators, incentivizing them to process transactions efficiently. The amount of transaction fees can vary depending on network congestion and the size of the transaction. 2. Staking Fees: Collator Staking: Collators must stake a certain amount of tokens to be eligible for block production. They are incentivized with staking rewards and transaction fees for ensuring the network’s security and functionality. 3. Governance Fees: Voting Fees: Users may need to pay small fees to participate in governance, such as proposing changes or voting on proposals. These fees ensure governance is utilized effectively and prevents spam on the network.
Beginning of the period to which the disclosure relates
2024-09-24
End of the period to which the disclosure relates
2025-09-24
Energy report
Energy consumption
11.32760 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components: To determine the energy consumption of a token, the energy consumption of the network(s) moonbeam is calculated first. For the energy consumption of the token, a fraction of the energy consumption of the network is attributed to the token, which is determined based on the activity of the crypto-asset within the network. When calculating the energy consumption, the Functionally Fungible Group Digital Token Identifier (FFG DTI) is used - if available - to determine all implementations of the asset in scope. The mappings are updated regularly, based on data of the Digital Token Identifier Foundation. The information regarding the hardware used and the number of participants in the network is based on assumptions that are verified with best effort using empirical data. In general, participants are assumed to be largely economically rational. As a precautionary principle, we make assumptions on the conservative side when in doubt, i.e. making higher estimates for the adverse impacts.
Market cap
$43.02M #236
Circulating supply
158.34M / --
All-time high
$2.597
24h volume
$298.38K
3.3 / 5
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