Centrifuge
What this is
Centrifuge is a protocol designed to bring real-world assets — such as invoices, trade receivables, and other financial instruments — onto public blockchain infrastructure. It aims to give businesses and institutions a way to access decentralized liquidity against assets they already hold, while giving on-chain capital pools access to returns tied to off-chain economic activity. The CFG token is the native asset of the Centrifuge network and is used to participate in the protocol's governance and operations.
Centrifuge operates as its own blockchain and also connects to the Ethereum ecosystem, allowing asset originators to tokenize real-world collateral and pool it for financing. The CFG token is used to pay transaction fees on the Centrifuge chain, to participate in on-chain governance, and to stake in support of network security. The network's block time is recorded as zero minutes in the data held here, meaning a precise block cadence is not available from this source, and no consensus algorithm is specified in the stored profile.
The data stored for Centrifuge does not include a fee revenue figure, so no fee-based measures such as fee yield or protocol earnings are calculable from this page. The protocol's design involves fees charged at the pool level when real-world assets are financed, but those flows are not reflected in the metrics shown here. What the data does show is that approximately 55.94% of tokens have been issued into circulating supply at this point in time, with a dilution overhang of roughly 78.77%, meaning a substantial share of the eventual token supply has yet to enter circulation. The ratio of fully diluted value to market capitalization stands at 1.79, which reflects that gap between tokens currently circulating and the broader potential supply.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.