What is CELR? Detailed introduction to the trading platform and total amount of CELR coins

CELR, the native cryptocurrency of the Celer Network, powers off-chain state channels, enabling fast and cost-effective transactions on Ethereum-based dApps.

Nov 06, 2024 at 05:24 am

What is CELR?

CELR is the native cryptocurrency of the Celer Network, a layer-2 scaling platform for decentralized applications (dApps) built on the Ethereum blockchain. CELR is used to power the network's off-chain state channels, which enable fast and low-cost transactions by bundling them together off-chain before finalizing them on the Ethereum blockchain.

Trading Platform

CELR is traded on numerous cryptocurrency exchanges, including:

Binance
Coinbase
Huobi Global
OKEx
FTX

Total Supply

The total supply of CELR is capped at 10 billion tokens. As of February 2023, approximately 6.8 billion CELR are in circulation.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ETHFI

$1.15

57.07%

Trade Now
NEIRO

$0.1059

48.29%

Trade Now
TOSHI

$0.0...06653

43.59%

Trade Now
KAITO

$1.93

39.88%

Trade Now
XAI

$0.0901

35.04%

Trade Now
0x0

$0.1008

31.20%

Trade Now

Latest Crypto News

Charles Schwab Launches Crypto Trading amid Race for Retail Investors
2025-05-11 08:20:13
Bitcoin (BTC) Price Prediction: BTC/USD Trading at $103,547, Marking a Significant Resurgence After Months of Range-Bound Activity
2025-05-11 08:20:13
Bitcoin and Cardano Worlds Collide. Remittix (RTX) Token Captures the Interoperability Wave
2025-05-11 08:15:13
Breaking news: XRP price prediction models just got a boost with the CME Group’s XRP futures
2025-05-11 08:15:13
As Markets Start to Bottom Out, Experienced Investors Are Now Looking for High-Potential Altcoins
2025-05-11 08:10:12
Bitcoin Macro Outlook Shows Charge To New ATH But A Market Correction Awaits
2025-05-11 08:10:12

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...