Centrifuge (CFG) is not tradable on Coinbase.
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Centrifuge is on the rise this week. ↗
The price of Centrifuge has decreased by 0.07% in the last hour and increased by 0.10% in the past 24 hours. Centrifuge’s price has also risen by 7.24% in the past week. The current price is $0.15 per CFG with a 24-hour trading volume of $304.70K. Currently, Centrifuge is valued at 94.16% below its all time high of $2.58. This all-time high was the highest price paid for Centrifuge since its launch.
The current circulating supply of Centrifuge is 517,993,371 CFG which means that Centrifuge has as total market cap of $78,202,196.95.
Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$78,202,196.95
Circulating
$517,993,371.00
Max Supply
Not enough data
Volume (24h)
$304,704.15
↘ 45.35%
Volume (30D)
$10,747,809.47
Volume (7D)
$2,032,408.02
All time high
$2.58
Performance (1Y)
↘ 77.02%
Vs. Market (1Y)
↘ 82.25%
Vs. BTC (1Y)
↘ 84.6%
Vs. ETH (1Y)
↘ 59.16%
Centrifuge (CFG) is a cryptocurrency . Centrifuge has a current supply of 563,742,278 with 517,819,310 in circulation. The last known price of Centrifuge is 0.15322928 USD and is down -2.02 over the last 24 hours. It is currently trading on 39 active market(s) with $664,712.96 traded over the last 24 hours. More information can be found at
Networks and tags
substrate
polkadot
real-world-assets
Centrifuge (CFG) is a decentralized asset financing protocol that aims to bridge the gap between decentralized finance (DeFi) and real-world assets (RWA). It strives to lower the cost of capital for small and mid-size enterprises (SMEs) and provide participants with a stable source of compensation. Centrifuge's primary objective is to generate value that is not tied to volatile crypto assets, and it aims to transfer real monetary value from fiat to cryptocurrencies. Companies can use Centrifuge to access the liquidity that DeFi offers by tokenizing real assets and using these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol. The Centrifuge blockchain is built on Polkadot (DOT) for speed and low fees, while its financial DApp Tinlake is built to access Ethereum (ETH) liquidity.
Centrifuge operates by tokenizing real-world assets, converting them into non-fungible tokens (NFTs), and then funding them through Tinlake. Tinlake is the first DApp built on the Centrifuge chain, created to access liquidity on Ethereum, while CFG has its own bridge to Ethereum. Centrifuge integrates with other DeFi protocols, allowing users to get liquidity without slowdowns and protecting DeFi protocols from destabilizing events by adding uncorrelated collateral. This process aims to reduce cumulative risks and replace predatory lending and banks with smart contracts. Users compensate transaction aggregators on Polkadot with CFG tokens for processing and storing data.
Centrifuge has several potential use cases, primarily revolving around the tokenization of real-world assets and their integration into the DeFi ecosystem. Companies can tokenize their real assets and use these tokens as collateral to access financing through Tinlake, a decentralized application (DApp) lending protocol. This process aims to provide liquidity to everyone, and participants may receive compensation in the form of CFG tokens. Centrifuge aims to link assets such as invoices, real estate, and royalties with decentralized finance (DeFi). Additionally, borrowers can finance their real assets without the need for banks or other intermediaries.
Centrifuge was launched in 2017 by Lucas Vogelsang and Martin Quensel. Lucas Vogelsang, the founding engineer at Centrifuge and the company’s CEO, has a background in e-commerce startups and technical management. Martin Quensel, a co-founder at Centrifuge and its current COO, began his career as a software developer and architect. Centrifuge has had a significant total value locked (TVL) on the Polkadot ecosystem. The project also aims to be among the first to launch a parachain on Polkadot.
We update our Centrifuge to USD currency in real-time. Get the live price of Centrifuge on Coinbase.
The current market cap of Centrifuge is $78.20M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Centrifuge is $2.58. This all-time high is highest price paid for Centrifuge since it was launched.
Over the last 24 hours, the trading volume of Centrifuge is $304.70K.
Assets that have a similar market cap to Centrifuge include Nexusmind, Tokenlon Network Token, Steem, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Centrifuge is 518 million.
Date | Price | Change |
|---|---|---|
Today (April 28, 2025) | $0.15 | +0.10% |
24 hours ago (April 27, 2025) | $0.15 | +0.10% |
1 week ago (April 21, 2025) | $0.14 | +7.24% |
1 month ago (March 28, 2025) | $0.15 | +4.63% |
1 year ago | $0.66 | -77.02% |
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Conversion Table
CoinDesk • Apr 10, 25
Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform
Centrifuge V3 aims to unify real-world asset tokenization across blockchains, and is starting with the $230 million Janus Henderson Anemoy Treasury Fund.
Read more
CoinDesk • Apr 08, 25
Centrifuge Taps Wormhole to Launch Multichain Tokenization Platform
Centrifuge V3 aims to unify real-world asset tokenization across blockchains, and is starting with the $230 million Janus Henderson Anemoy Treasury Fund.
Read more
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