Flux (FLUX) price, chart, coin profile and news
Find the latest Flux (FLUX) price, coin profile, news and history to get you started with Flux trading and investing.
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What is Flux?
FLUX is the native cryptocurrency of the Flux protocol. The Flux protocol is a decentralised cloud computing system that offers blockchain-as-a-service (BaaS) capabilities and allows for the deployment of decentralised applications (dApps). By offering a complete suite of blockchain infrastructure, the protocol is focused on improving the rate at which blockchain adoption occurs. According to the official whitepaper, Flux is completely open-source and can, therefore, be utilised by independent devs seamlessly. The protocol wants to position itself as the perfect decentralised alternative to widely popular platforms such as Amazon Web Services (AWS) and Google Cloud.
Flux’s protocol is composed of the Flux blockchain, FluxOS, FluxNodes, and the FLUX cryptocurrency coin. The Flux blockchain is the foundation on which all dApps are built. FluxOS is then the interface that is used by developers to connect with the blockchain. The Flux chain remains secure thanks to a network of FluxNodes, which are incentivised by the native cryptocurrency. The network of FluxNodes means that all dApps built within the ecosystem are accessible to all users at all times. There are 3 tiers of FluxNode operators: Cumulus, Nimbus, and Stratus. Each tier requires a varying level of FLUX collateral and increasingly higher hardware requirements. Unlike other blockchains which allow for low-powered nodes, each node within the Flux network is enterprise-grade. Although this means better hardware requirements are needed it means that the raw processing power the blockchain can offer is far greater. As described above, the FLUX token is an integral part of the Flux ecosystem. The token provides an incentive to FluxNodes, allows for governance on-chain, and allows users to stake and support the protocol.
Flux (FLUX) is the 203rd largest cryptocurrency in the world by market cap, valued at $174,161,574. The current price of Flux is $1.04748477, which is 5.331% higher than yesterday. Prices have ranged between $1.04875095 and $0.94861134 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 25, 2022 03:05 UTC.
Flux (FLUX) priceUse our graph to track the performance of (FLUX) over time.
Flux at a glance
|Total FLUX supply||440,000,000|
|All time high||AUD$6.627|
|All time high date||January 03, 2022|
Flux price performance over time
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Disclaimer: Cryptocurrencies, including Flux, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of FLUX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Flux or any other cryptocurrency discussed.
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