The world of decentralized finance (DeFi) continues to evolve, and one project making quiet but meaningful strides is Flamingo (FLM). Built on the Neo blockchain, Flamingo stands out as a comprehensive DeFi protocol offering asset conversion, liquidity provision, yield generation, and cross-chain interoperability. Whether you're tracking the FLM coin price, analyzing market trends, or exploring DeFi opportunities, this guide delivers up-to-date insights into Flamingo’s ecosystem, tokenomics, and real-time performance.
Live FLM Price Analysis
As of now, the Flamingo (FLM) price stands at $0.0432**, with **$0 trading volume recorded over the past 24 hours. The token has seen no change in price over the last day or week, reflecting a period of low market activity. Despite this, Flamingo maintains a circulating supply of 550,163,560 FLM tokens, with a maximum supply cap of 1,000,000,000 FLM. Its current market capitalization is $0, and it ranks #5853 among all cryptocurrencies.
Flamingo’s price today is 96.52% below its all-time high of $1.24**, reached on **April 7, 2021**, and **304.91% above its all-time low** of **$0.0107, recorded on December 11, 2022. While current trading volume is minimal, historical peaks show growing interest during bullish market cycles.
All data is updated in real time, ensuring investors and traders have accurate insights for decision-making. For those looking to buy or sell FLM, top exchanges include Binance, Kraken, and KuCoin, which support major trading pairs like FLM/USDT.
What Is Flamingo (FLM)?
Flamingo (FLM) is the native utility token of Flamingo, a Neo-based decentralized finance (DeFi) protocol designed to bring Ethereum-style financial tools to the Neo blockchain. As an all-in-one DeFi platform, Flamingo enables users to:
- Swap tokens via its Automated Market Maker (AMM)
- Wrap and unwrap assets using a cross-chain asset gateway
- Provide liquidity and earn rewards
- Stake LP tokens for additional yield
- Trade perpetual contracts
- Store assets securely in crypto vaults
The platform leverages the Constant Product Market Maker (CPMM) model—similar to Uniswap—for decentralized trading. Liquidity providers deposit token pairs into on-chain pools and receive LP tokens in return. By staking these LP tokens, users earn a share of transaction fees and newly minted FLM tokens as incentives.
Flamingo’s cross-chain gateway supports interoperability, allowing users to move assets between blockchains seamlessly—a critical feature in today’s multi-chain environment.
Who Founded Flamingo?
Flamingo was founded by Da Hongfei, a prominent figure in the blockchain space and co-founder of the Neo blockchain and OnChain, a blockchain solutions company. With a background in English language and technology, Hongfei transitioned from a consulting role at IntPass into the crypto industry, where he became a key advocate for smart contract platforms and decentralized ecosystems.
His vision for Neo included enabling a “smart economy,” and Flamingo serves as a crucial piece of that puzzle by bringing DeFi functionality to the Neo network.
FLM Tokenomics: Supply, Inflation & Utility
FLM tokens are built on the NEP-5 token standard, Neo’s equivalent to Ethereum’s ERC-20. The token plays a central role in incentivizing participation across Flamingo’s ecosystem.
Key Features of FLM Tokens:
- Inflationary Model: New FLM tokens are continuously minted as rewards for liquidity providers. There is no fixed max supply, but the total supply is projected to be fully issued by 2039.
- Declining Emission Rate: The inflation rate decreases monthly, following a deflationary emission schedule to ensure long-term sustainability.
- Reward Mechanism: Users who stake LP tokens in Flamingo’s liquidity pools earn FLM as yield, aligning incentives with platform growth.
This gradual reduction in emissions helps balance inflation while maintaining sufficient rewards to attract liquidity—a delicate equilibrium common in mature DeFi protocols.
Frequently Asked Questions (FAQ)
What is Flamingo’s 24-hour trading volume?
FLM has reported $0 trading volume in the last 24 hours, indicating minimal market activity at this time. However, volume can fluctuate significantly during market-moving events or broader DeFi rallies.
What was Flamingo’s highest price?
The all-time high for FLM was $1.24, achieved on April 7, 2021, during the peak of the DeFi boom. This represents a significant milestone, highlighting strong early adoption and investor interest.
What was Flamingo’s lowest price?
FLM hit its all-time low of $0.0107 on December 11, 2022, amid broader crypto market downturns. Since then, the price has recovered over 300%, signaling resilience within its community.
Where can I buy Flamingo (FLM) safely?
The most trusted exchanges for trading FLM are:
- Binance
- Kraken
- KuCoin
These platforms offer high liquidity, strong security measures, and support for popular trading pairs like FLM/USDT.
Can I stake FLM tokens?
While FLM itself isn’t directly staked, users can stake LP tokens earned from providing liquidity in Flamingo pools. This staking mechanism allows participants to earn additional FLM rewards and transaction fee shares.
Are hardware wallets compatible with FLM?
Yes. For secure long-term storage, users can store FLM using leading hardware wallets such as Ledger and Trezor. These devices offer offline protection against hacks and phishing attacks.
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These keywords reflect high-intent search queries related to price tracking, investment analysis, and DeFi exploration—ensuring strong alignment with user search behavior.
Final Thoughts
Flamingo remains a niche yet technically robust player in the DeFi landscape, particularly for users invested in the Neo ecosystem. While current trading volume and market cap suggest limited mainstream attention, its comprehensive toolkit—ranging from AMM swaps to cross-chain bridges—positions it well for future growth.
For investors monitoring under-the-radar projects with strong fundamentals, Flamingo offers an intriguing case study in sustainable token design and long-term yield mechanics.
As always, conduct thorough research before investing. Cryptocurrency markets are volatile, and while historical data provides context, future performance depends on adoption, ecosystem development, and macroeconomic factors.