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Centrifuge

#195
CFGV1
$0.20708
24h-0.92%
7d-5.79%
30d+25.21%

Centrifuge Price Performance

Low
High
$0.20286
$0.21135

Centrifuge Key Metrics

Market cap
$119.52M
FDV
$122.01M
Volume (24h)
$850.44K
Vol/Mkt Cap (24h)
0.01%
Total supply
578.42M CFGV1
Circulating supply
577.16M CFGV1

CFGV1 to USD Converter

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Centrifuge Overview

24h High
$0.21
24h Low
$0.20
24h Change
-0.92%
7d Change
-5.79%
30d Change
+25.21%
Volume 24h
$850.44K
Market Cap
$121.74M
Circulating Supply
577.16M CFGV1

Centrifuge News

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About Centrifuge

Centrifuge is a decentralized protocol that connects the DeFi ecosystem with real-world assets. It aims to lower capital costs for small and mid-sized enterprises (SMEs) and offer a stable source of income for investors. The CFG token provides liquidity to the system and acts as a reward mechanism for investors. Centrifuge’s innovative approach includes tokenizing real-world assets as non-fungible tokens (NFTs), which are then used as collateral in the DeFi space through Tinlake, Centrifuge’s decentralized application lending protocol. This method allows businesses to leverage DeFi liquidity by using their real-world assets, thus bypassing traditional banking routes. Centrifuge was launched in 2017 by Lucas Vogelsang, the CEO, and Martin Quensel, the COO.
The CFG token, pivotal to the Centrifuge ecosystem, has multiple uses. It primarily serves to provide liquidity to the system, acting as a reward mechanism for investors. The protocol's innovative approach includes tokenizing real-world assets as non-fungible tokens (NFTs), which are then used as collateral in the DeFi space through Tinlake, Centrifuge's decentralized application lending protocol. This method allows businesses to leverage DeFi liquidity by using their real-world assets, thus bypassing traditional banking routes.
Centrifuge was launched in 2017 by Lucas Vogelsang, the CEO, and Martin Quensel, the COO.

Centrifuge Markets

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Centrifuge Platforms

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Learn About Centrifuge

Why USTC's Repeg Isn't Just About Burning Tokens

Why USTC's Repeg Isn't Just About Burning Tokens

Burning USTC tokens dominates Terra Classic forum chatter. Many community members believe an aggressive enough burn rate will eventually push USTC back to its $1 peg. The math doesn't support that view. With over 5.5 billion USTC in circulation, a true repeg would require $5.5 trillion in market cap, larger than the entire crypto market today. The deeper problem isn't supply. It's the missing collateral backing, the missing stabilization mechanism, and the steady erosion of exchange liquidity as KuCoin, OKX, and Bybit have removed USTC from their platforms. Proposal 12219 to enable USTC staking passed in April 2026. The Ziggy ERM project remains in active development. Both move the needle on supply, but neither addresses the structural problems that broke USTC's peg in 2022.

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Got Laughed At for Six Years Then Hit $1.34B

Got Laughed At for Six Years Then Hit $1.34B

Centrifuge was founded in 2017, years before "real world assets" became a crypto buzzword. The company worked for six years on institutional-grade infrastructure while the competition chased fast money. Since launch, at least six other direct competitors with larger war chests and noisier marketing teams have quietly shut down, pivoted, or faded into obscurity.

Mia Halland logoMia HallandApr 12, 2026
8m
Sonic Coins Are Trading 40% Below Their Real Utility Value

Sonic Coins Are Trading 40% Below Their Real Utility Value

Let's say you built a Layer-1 blockchain that closed a $300 million institutional funding round, listed on Coinbase, raised an ecosystem fund from Galaxy Digital, and trades for a market cap of $164 million. That sounds like Sonic coin as of today. Sonic (S) token price is $0.043, down 95.8% from its all-time high of $1.03. The protocol itself? It's still seeing transactions finalized in sub-seconds at 10,000 TPS.

9m

Often Discussed Alongside Centrifuge

Tokens that appear with Centrifuge in our academy articles.

Centrifuge Market Data

The live Centrifuge price today is $0.21 USD with a 24-hour trading volume of $850,441.81 USD. We update our CFGV1 to USD price in real-time. Centrifuge is down 0.92% in the last 24 hours.

The current market cap is $121,739,718.10 USD, ranking #195 by market capitalization. The circulating supply is 577,156,141 CFGV1.