Centrifuge

Centrifuge is a protocol designed to bring real-world assets — such as invoices, loans, and other financial instruments — onto public blockchain infrastructure. It aims to give businesses and borrowers access to on-chain liquidity by tokenizing those assets, and to give on-chain capital a route into yield-generating instruments that exist in the traditional economy. The CFG token is the native asset of the Centrifuge network.

Centrifuge operates as its own blockchain and connects with Ethereum, allowing pools of tokenized real-world assets to be financed by on-chain lenders. CFG is used for governance of the protocol and for paying transaction fees on the Centrifuge chain, meaning holders can participate in decisions about how the network evolves. The protocol's block time recorded in this data is effectively zero, indicating block production on its own chain rather than on Ethereum directly.

The data stored here does not include a specific fee revenue figure, so fee-based measures such as a protocol earnings yield cannot be calculated from this profile alone. What the data does show is that roughly 55.94% of the total tokens that could ever be issued are currently in circulation, with no stated maximum supply cap. The ratio of fully diluted value to market capitalisation stands at 1.787667 at this point in time, and approximately 78.77% of the eventual supply remains pending issuance, representing the share of tokens not yet in circulation.