Flow 

FLOW Price

What is Flow (FLOW) crypto?

Flow is a layer-1 blockchain originally built by Dapper Labs, the studio behind CryptoKitties and NBA Top Shot. FLOW is the network's native coin. Smart contracts are written in Cadence, a resource-oriented programming language, and the network provides full EVM equivalence for Solidity compatibility. The Flow Foundation now governs the network and positions Flow as a purpose-built layer 1 for consumer applications, starting with on-chain lending.

How does Flow's blockchain work?

Flow uses a multi-role architecture that splits transaction collection, execution, verification and consensus across distinct node types. Smart contracts are written in Cadence, where digital assets exist as typed resources that cannot be copied or accidentally destroyed. Full EVM equivalence allows Solidity developers to deploy with existing Ethereum tooling. The network runs proof-of-stake, and 100% of inflation is distributed to stakers and delegators, tying new FLOW issuance to network security.

Does FLOW have a maximum supply?

FLOW has no fixed maximum supply. The genesis block created 1,250,000,000 FLOW in June 2020, and supply has grown since through staking rewards. Official documentation indicates an indicative inflation schedule starting near 4.5% annually, declining as network fee volume grows. On February 23, 2026 the Flow Foundation permanently burned 50,343,896.87 FLOW. The buyback-and-burn corrected a supply imbalance left by the December 2025 security incident, in which roughly 150 million counterfeit FLOW were illegitimately minted, and the Foundation committed to additional treasury purchases.

What does Flow's token vesting schedule mean for investors?

Per DropsTab data, the token generation event took place on January 27, 2021, hosted on Coinlist. The vesting structure covered 7 allocation buckets, including the Development Team, Dapper Labs, two backer groups, the community sale and the auction. Every unlock in that schedule now lies in the past: insider allocations released through multi-year monthly vesting with one-year cliffs. No future insider unlocks remain scheduled. Cliff-driven insider sell pressure is largely behind the network, leaving staking issuance as the ongoing supply factor.

Who backed Flow and how much was raised?

Per DropsTab fundraising data, Flow raised roughly $43.1 million across 4 token rounds. The Coinlist Community Sale on October 2, 2020 drew $9 million from about 12,500 participants in over 100 countries at $0.10 per FLOW. The Coinlist auction of October 5, 2020 raised $9.5 million at a $0.38 closing price. DropsTab records no individual investor names for the Large and Small backer rounds.

What is the Flow Ecosystem Fund?

The Flow Ecosystem Fund is a $725 million fund announced by Dapper Labs in May 2022 to back projects building on Flow. Backers include a16z, Coatue and DCG. The fund supports ecosystem development rather than direct token purchases, so its scale signals long-term institutional commitment to the network. Dapper Labs' corporate backing separately includes a 2019 round led by a16z crypto and an August 2020 equity round joined by Coinbase and Samsung.

Where can you buy FLOW?

FLOW is the native coin of its own layer-1 blockchain, so no wrapped contract exists and no DEX markets apply. Per DropsTab data, trading is spot-only on more than 25 centralized venues, including Binance, Coinbase, Kraken, OKX and Bybit. FLOW/USDT is the dominant pair, alongside fiat markets in USD and EUR. No derivatives markets are recorded on DropsTab.

Why did Upbit, Bithumb and Coinone delist FLOW?

Upbit, Bithumb and Coinone delisted FLOW on March 16, 2026. The removal followed a Seoul court ruling of March 13, 2026 that dismissed the Flow Foundation's injunction against the delisting. Korean-won trading in FLOW ended on those venues as a result, cutting off the token's main regional fiat access point.

Has Flow faced SEC regulatory scrutiny?

Yes. On February 22, 2023, Judge Victor Marrero of the US District Court for the Southern District of New York denied Dapper Labs' motion to dismiss in Friel v. Dapper Labs. The ruling held that sales of FLOW and NBA Top Shot Moments were plausibly unregistered securities under the Howey test. The SEC closed its investigation of Dapper Labs without charges in September 2023. The class action settled for $4 million in June 2024.

Is FLOW crypto dead?

No. FLOW trades on major centralized exchanges, and the network continues to distribute staking rewards. The Flow Foundation announced its first enshrined protocols in December 2025, starting with Flow Credit Markets, a native lending protocol, with perpetuals flagged as a future addition. The February 2026 buyback-and-burn added treasury support. The main open risks are uncapped staking-driven issuance and the securities classification raised in the 2023 court ruling.