Flux
ATH / ATL
24h Price
24h summary
Over the last 24 hours, Flux moved from $0.0397 to $0.0395. The session high was $0.0406, the low was $0.0383, and the intraday range was $0.0023 / 5.8%.
- 24h open
- $0.0397
- 24h close
- $0.0395
- 24h high
- $0.0406
- 24h low
- $0.0383
- Volatility / range
- $0.0023 / 5.8%
- Updated
Monthly Returns heatmap
Heatmap summary
Flux posted 19 positive months out of 56. The longest positive streak lasted 4 months, while the longest negative streak lasted 7 months.
- Strongest month
- Dec 2021 +96.3%
- Weakest month
- May 2022 -46.1%
- Longest positive streak
- 4 Sep 2023 — Dec 2023
- Longest negative streak
- 7 Feb 2023 — Aug 2023
- Luckiest calendar month
- Nov • avg 21.6% • 4 mo.
- Unluckiest calendar month
- Jun • avg -27.7% • 5 mo.
Networks
Supported exchanges
About the coin
Flux is a decentralized cloud computing network that aims to provide a secure, scalable, and user-friendly platform for deploying and managing decentralized applications (dApps). It operates as a parallel network, meaning it functions independently of other blockchains while also being compatible with them.
The core innovation of Flux lies in its distributed infrastructure. Instead of relying on centralized data centers, Flux leverages a global network of decentralized nodes operated by individuals and organizations. These nodes provide computational resources, storage, and bandwidth, creating a robust and resilient cloud computing environment.
Flux is designed to empower developers by offering a comprehensive suite of tools and services. This includes easy deployment of dApps, access to decentralized storage solutions, and the ability to manage blockchain nodes. The network aims to lower the barriers to entry for dApp development, making it more accessible to a wider range of creators.
The native cryptocurrency of the Flux network is FLUX. FLUX plays a crucial role in the ecosystem, serving multiple purposes. It is used for incentivizing node operators, paying for computational resources, and participating in network governance.
Node operators on the Flux network are rewarded with FLUX for contributing their hardware and bandwidth. This economic model encourages the growth and security of the decentralized infrastructure. The more reliable and powerful a node, the greater the potential rewards.
For users and developers, FLUX is utilized to access the network's services. This includes paying for the deployment of applications, storing data, and utilizing the network's processing power. This creates a demand for FLUX within the ecosystem.
Flux also incorporates a governance mechanism, allowing FLUX holders to participate in decision-making processes that shape the future of the network. This decentralized approach ensures that the community has a voice in the evolution of the platform.
The Flux network is built with interoperability in mind. While it operates as a parallel network, it is designed to interact with various blockchains. This allows dApps deployed on Flux to potentially leverage the functionalities of other blockchain ecosystems.
Currently, Flux is available as a token on multiple blockchain networks, including:
- Ethereum: As an ERC-20 token with contract address 0x720cd16b011b987da3518fbf38c3071d4f0d1495.
- BNB Smart Chain: As a BEP-20 token with contract address 0xaff9084f2374585879e8b434c399e29e80cce635.
These token standards facilitate the integration of FLUX into existing decentralized finance (DeFi) applications and exchanges on these respective networks.
The project's commitment to decentralization extends beyond its infrastructure to its governance and operational model. By fostering a community-driven approach, Flux aims to build a resilient and censorship-resistant cloud computing solution.
Flux's architecture is designed to be adaptable and scalable, capable of supporting a wide range of applications from simple websites to complex decentralized services. The network continuously evolves to meet the growing demands of the decentralized web.
The underlying technology of Flux focuses on efficient resource allocation and secure communication between nodes, ensuring the integrity and performance of the decentralized cloud.
In essence, Flux represents a vision for a more open, secure, and decentralized internet, where computational resources are accessible to everyone, and applications can operate without central points of failure.
Trust & methodology
Last updated:
Data source: Price and volume snapshots are sourced from Binance using the FLUXUSDT market feed.
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