Total supply: the full amount of tokens on the network, including those that have not yet been released.
Centrifuge (CFG) currently has a price of $0.20 and is up 19.60% over the last 24 hours. The cryptocurrency is ranked 421 with a market cap of $112.4M. Over the last 24 hours, it saw $1.6M of trading volume. The token has a circulating supply of 559.6M tokens out of a total supply of 566M tokens.
Centrifuge is a decentralized platform designed to bring real-world assets to the DeFi (Decentralized Finance) ecosystem. The platform allows users to tokenize real-world assets, such as invoices or real estate, turning them into NFTs (Non-Fungible Tokens) that can be used as collateral for loans or other financial products within the DeFi space. Centrifuge utilizes its native token, RAD, for governance and other protocol-related activities, enabling a bridge between traditional finance and the world of decentralized finance, thus expanding the range of assets that can be leveraged in the DeFi sector.
