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Centrifuge
CFGV1$0.1195Down 2.70 percent($0.00)
Key Stats
Market Cap$68.99MDown 2.70 percent
Volume (24h)$1.19M
Fully Diluted Value$69.15M
Vol/Mkt Cap (24h)1.72%
Total Supply578.42M CFGV1
Max Supply∞
Circulating Supply577.15M CFGV1
Launch Date2022-03-12
Centrifuge Information
Centrifuge Price Converter
CFGV1USD
Latest Centrifuge News
View allCentrifuge Markets
View all| Instrument | Exchange | Benchmark Data | Price | 24h Change |
|---|---|---|---|---|
  CFGV1-USDT CFGUSDT |  bybit | A | 0.1196USDT | -2.92% |
CFGV1-USDT CFG-USDT |  kucoin | BB | 0.1197USDT | -2.76% |
CFGV1-USDT CFG-USDT |  okex | A | 0.1197USDT | -2.88% |
 CFGV1-USD CFGUSD |  kraken | AA | 0.1194USD | -2.77% |
CFGV1-USDT CFG_USDT |  gateio | A | 0.1195USDT | -2.84% |
About Centrifuge
Centrifuge is a decentralized protocol that connects the DeFi ecosystem with real-world assets. It aims to lower capital costs for small and mid-sized enterprises (SMEs) and offer a stable source of income for investors. The CFG token provides liquidity to the system and acts as a reward mechanism for investors. Centrifuge’s innovative approach includes tokenizing real-world assets as non-fungible tokens (NFTs), which are then used as collateral in the DeFi space through Tinlake, Centrifuge’s decentralized application lending protocol. This method allows businesses to leverage DeFi liquidity by using their real-world assets, thus bypassing traditional banking routes. Centrifuge was launched in 2017 by Lucas Vogelsang, the CEO, and Martin Quensel, the COO.