Centrifuge 

CFG Price

What is the Centrifuge (CFG) token?

Centrifuge is a real-world-asset (RWA) tokenization protocol that gives asset managers on-chain infrastructure to tokenize private credit, invoices, mortgages, and tokenized funds. Centrifuge passed $1 billion in total value locked in August 2025 and has since operated in the $1.3–1.5B range, per DefiLlama. The native token CFG is an ERC20 asset on Ethereum. In May 2026, Coinbase took an equity stake and named Centrifuge a preferred tokenization partner for the Base chain.

How is the CFG token used?

CFG historically served three functions within Centrifuge: staking, transaction fees, and governance. On the migrated Ethereum ERC20 token, legacy-chain staking is no longer available, and the Centrifuge team has indicated additional utilities are in development. Tokenomics trackers cite roughly 3% annual inflation accruing to the DAO — a single-source figure, so the number carries uncertainty. Governance remains the token's clearest active function.

What is the CFG total supply and tokenomics?

The total supply of CFG stands at 697,164,473 tokens as of September 2026, per DropsTab data. CFG has no fixed maximum supply, so dilution is policy-driven — DAO emission decisions, not a hard cap, govern long-term supply. Insider allocations are the emission-relevant risk: backers hold 17.1% of supply, core contributors hold 27%, and two Coinlist sale tranches account for a combined 9.5%.

How does CFG's vesting schedule affect token holders?

Per DropsTab vesting data, CFG's token generation event occurred on July 14, 2021, with 17 allocations and 196 scheduled unlocks tracked. The two largest insider allocations — Core Contributors at 27% and Total Backers at 17.1% — ran monthly linear unlocks of roughly 9.56M and 6.06M CFG respectively from TGE onward. Because CFG has no maximum supply, unlock-driven sell pressure stacks on top of ongoing inflation-driven dilution.

What is wrapped Centrifuge (WCFG)?

WCFG was the wrapped representation of Centrifuge's token from the legacy Polkadot parachain era. Centrifuge ran a 1:1 migration from legacy CFG/WCFG to a native ERC20 token on Ethereum, verifiable on Etherscan. The migration window ran from May 20 to November 30, 2025, and has closed. Legacy-chain staking ended with the migration, leaving the Ethereum ERC20 token as the primary CFG asset.

Who invested in Centrifuge?

DropsTab fundraising data shows 10 rounds for Centrifuge. The seed round raised $3.8M in March 2018, led by Mosaic and BlueYard. Centrifuge's Series A raised $15M in April 2024, led by ParaFi Capital and Greenfield, with Circle, Wintermute, and Arrington Capital among the participants. No single venture investor is known to hold more than 20% of CFG supply, keeping ownership concentration moderate.

How does the Coinbase and Base partnership affect Centrifuge?

In May 2026, Coinbase took an equity stake in Centrifuge and named the protocol a preferred tokenization partner for Base, Coinbase's layer-2 network. The partnership targets tokenized ETFs, private credit, and structured products. Coinbase Ventures had already participated in a 2022 venture round, so the 2026 deal converted an existing investment relationship into a strategic product partnership.

Where can Centrifuge (CFG) be traded?

CFG trades on 30+ spot venues, predominantly centralized exchanges — including Binance, OKX, Coinbase, Kraken, Upbit, and KuCoin. On-chain liquidity is comparatively thin: Uniswap v3 hosts the only tracked DEX pair (CFG/WETH), which limits slippage tolerance for large on-chain orders. Multiple venues — including Binance Futures, Bybit, and Kraken Futures — run CFG perpetual futures, giving the token an active derivatives market alongside spot.

Did Centrifuge distribute an airdrop or run reward campaigns?

No airdrop is recorded for Centrifuge. CFG reached the public through a Coinlist sale on May 26, 2021, offered in two tranches at $0.55 and $0.38 per token — the first tranche unlocked 100% at TGE, the second vested linearly over two years. The 2025 legacy-token migration was a completed migration window, not an earning program. No active earning campaign was found in public sources as of September 2026.

What is the CP172 token-to-equity proposal?

CP172 is a governance proposal in the Centrifuge DAO concerning a token-to-equity restructuring. The proposal is a governance matter for CFG holders rather than a reward distribution — it is not an airdrop, points program, or earning campaign. Details of the restructuring sit in Centrifuge's governance process, not in tokenomics data.