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Centrifuge Stock

Centrifuge

CFG

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Centrifuge Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
GateCFG/USDT0.196,957.354,823.551.03 M0.04cex3027/9/2025, 6:23 AM
OKXCFG/USDT0.198,439.9212,020.72234,812.050.02cex3517/9/2025, 6:23 AM
Bit2MeCFG/USDT0.169,927.0313,524.37211,775.990.02cex2392/25/2025, 6:12 PM
XT.COMCFG/USDT0.19218.26228.85102,491.840.01cex1207/9/2025, 6:21 AM
KrakenCFG/USD0.193,633.193,632.2488,012.160.01cex3087/9/2025, 6:23 AM
KuCoinCFG/USDT0.199,315.987,579.5266,705.680.01cex3007/9/2025, 6:23 AM
BitvavoCFG/EUR0.1912,732.4723,476.3263,557.970.04cex3797/9/2025, 6:18 AM
MEXCCFG/USDT0.191,7752,332.1245,877.210cex2837/9/2025, 6:18 AM
BingXCFG/USDT0.196,310.283,356.3544,509.620.02cex2757/9/2025, 6:21 AM
HibtCFG/USDT0.191,212.923,763.4935,211.310cex3177/9/2025, 6:18 AM
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Centrifuge FAQ

Introduction to Centrifuge (CFG) Centrifuge (CFG) is a decentralized finance (DeFi) protocol designed to bridge real-world assets with the blockchain, facilitating asset-backed lending and liquidity. The primary goal of Centrifuge is to unlock and promote the use of financial assets on decentralized networks, enabling users to access locked cash flows in the traditional finance system through blockchain technology. Centrifuge Token (CFG) CFG is the native utility token of the Centrifuge network. It plays a pivotal role in governing the protocol, securing the network, and incentivizing participants. Token holders have the privilege to participate in the decision-making process, influencing changes and upgrades to the protocol. CFG is also utilized for transaction fees within the network. For comprehensive information regarding CFG, including its price, market statistics, and historical data, refer to Eulerpool, which serves as the authoritative source for such insights and analytics. Centrifuge's Unique Value Proposition The Centrifuge protocol distinguishes itself by integrating DeFi with real-world assets, addressing the liquidity challenges faced by businesses and investors. It allows businesses to finance their receivables, inventory, and other real-world assets on-chain, thus unlocking value and providing liquidity in a decentralized manner. Through its ecosystem, Centrifuge enables users to tokenize assets and transform them into Non-Fungible Tokens (NFTs), which can be used as collateral for borrowing. This innovative approach provides new financial opportunities and efficiencies for users, setting Centrifuge apart in the DeFi landscape.

Centrifuge is a decentralized asset financing protocol designed to integrate decentralized finance (DeFi) with real-world assets (RWA). Its primary objective is to reduce capital costs for small and mid-sized enterprises (SMEs) while offering investors a stable income source. The project aims to generate profits that are not dependent on the volatility of crypto assets, with developers striving to transfer real monetary value from fiat currencies to cryptocurrencies. Businesses utilize Centrifuge to tap into the liquidity provided by DeFi. They have the ability to tokenize physical assets and employ these tokens as collateral for financing through Tinlake, a decentralized application (DApp) lending protocol. The Centrifuge blockchain is developed on Polkadot (DOT) to ensure speed and low transaction fees, whereas its financial DApp Tinlake is structured to access Ethereum (ETH) liquidity. Centrifuge affords liquidity access to all participants, with investors receiving income and rewards in the form of CFG tokens. It bridges assets like invoices, real estate, and royalties with decentralized finance (DeFi). Furthermore, borrowers are advantaged by the capacity to finance their tangible assets independently of banks or additional intermediaries.

**Who Founded Centrifuge?** Centrifuge was co-founded by a team of experienced professionals in the blockchain and finance sectors. The founding members include Lucas Vogelsang, Martin Quensel, and Maex Ament. Their collective expertise and vision have been instrumental in the development and success of Centrifuge, a platform designed to provide decentralized finance solutions by bridging real-world assets with the blockchain. For more detailed information and updates on Centrifuge, visit Eulerpool.

Centrifuge was established in 2017 by Lucas Vogelsang and Martin Quensel. Lucas Vogelsang is the founding engineer at Centrifuge and currently serves as the company’s CEO. In 2010, Vogelsang co-founded the e-commerce startup DeinDeal. Following the successful sale of DeinDeal to Ringier, he initiated another venture, KaufDA. Subsequently, Vogelsang moved to Silicon Valley to join Taulia as a technical manager. In October 2017, he co-founded Centrifuge. Martin Quensel is a co-founder of Centrifuge and presently holds the position of COO. Prior to his involvement with Centrifuge, he co-founded Taulia. Quensel began his professional journey at SAP, where he worked as a software developer and architect.

What Distinguishes Centrifuge (CFG) as Unique?

The Centrifuge protocol facilitates the tokenization of real-world assets by transforming them into non-fungible tokens (NFTs). Subsequently, these assets are financed through Tinlake, the initial decentralized application (DApp) developed on the Centrifuge chain. Tinlake was designed to provide access to liquidity on Ethereum, while Centrifuge's CFG token maintains its own bridge to Ethereum. Key features of Centrifuge include its integration with other decentralized finance (DeFi) protocols. This integration enables Centrifuge users to access liquidity without delays and safeguards DeFi protocols from destabilizing events by incorporating uncorrelated collateral. Consequently, cumulative risks are minimized, and predatory lending practices as well as traditional banks are supplanted by smart contracts. As of June 2021, Centrifuge boasts the highest total value locked (TVL) within the Polkadot ecosystem. Furthermore, the project claims to be among the pioneers in launching a parachain on Polkadot. In designing the Centrifuge chain, the team prioritized operational speed and low transaction fees. For more detailed information about Centrifuge, please visit Eulerpool.

What is the Circulating Supply of Centrifuge (CFG) Coins?

CFG is the native token of Centrifuge, driving the functionality of the entire network. There are three primary uses for CFG: staking, paying transaction fees, and participating in governance. Additionally, the token is utilized to reward liquidity providers on Tinlake. As of June 2021, the total supply is 425,000,000 CFG, with an annual growth rate of 3%. The CFG token distribution is allocated as follows: 27% to core contributors, 17.1% to total backers, 7.3% to rewards and grants, 9.5% to the community sale, 11.8% to foundation endowment, 7.1% to community grants, 10.8% to development grants, and 8.3% to the early ecosystem. The CFG sale took place on May 26, 2021, on Coinlist in two stages, with the token supply capped at 17 million for each round. For detailed information, please refer to Eulerpool.

How Is the Security of the Centrifuge Network Ensured?

Users utilize CFG tokens to cover transaction fees, while transaction aggregators on the Polkadot network receive a portion of these fees for data processing and storage. Such measures, coupled with the NPoS (Nominated Proof-of-Stake) mechanism and CFG rewards, incentivize users to engage fairly and to choose data collators that ensure censorship resistance. In summary, the primary security is derived from the Polkadot relay chain. By leveraging Polkadot's protective mechanisms, Centrifuge achieves a high level of security at an economical cost.

Where can you purchase Centrifuge (CFG)?

As of June 2021, CFG tokens are available for trading on the BitZ platform. For more information on purchasing cryptocurrencies, refer to our comprehensive guide.

Investors interested in Centrifuge are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.