# Chainflip > Track Chainflip's fees, revenue, TVL and active users with daily on-chain data across 2 chains. Compare Chainflip with other blockchains (L1). Updated daily. Source: [Chainflip on Token Terminal](https://tokenterminal.com/explorer/projects/chainflip). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction). - Token: FLIP - Sectors: Blockchains (L1) - Chains: chainflip, ethereum ## About ### What it is Chainflip is a decentralized cross-chain swap protocol that enables native asset exchanges across blockchains including Bitcoin, Ethereum, and Solana without wrapped tokens or traditional bridges. It was launched in 2023 by Chainflip Labs and uses a JIT AMM model combined with MPC-based vault technology to provide competitive pricing on cross-chain trades. ### Who uses it Chainflip is governed by its validator set and FLIP tokenholders. Validators stake FLIP to participate in the network and earn fees from swaps. The protocol is developed and maintained by Chainflip Labs. ### How it works Chainflip operates a decentralized network of 150 validators that collectively control multi-chain vaults using threshold signature schemes (TSS). The protocol uses a Just-In-Time (JIT) AMM where liquidity providers compete to fill swap orders at the moment of execution, enabling capital-efficient cross-chain swaps. A portion of each swap fee is used to buy and burn FLIP tokens. ## Metrics Token Terminal tracks these metrics for Chainflip daily. Each page has a chart with the full history. - [Price](https://tokenterminal.com/explorer/projects/chainflip/metrics/price) - [Fully diluted market cap](https://tokenterminal.com/explorer/projects/chainflip/metrics/market-cap-fully-diluted) - [Circulating market cap](https://tokenterminal.com/explorer/projects/chainflip/metrics/market-cap-circulating) - [Token trading volume](https://tokenterminal.com/explorer/projects/chainflip/metrics/token-trading-volume) - [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/chainflip/metrics/token-turnover-fully-diluted) - [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/chainflip/metrics/token-turnover-circulating) - [Token holders](https://tokenterminal.com/explorer/projects/chainflip/metrics/tokenholders) - [Circulating supply](https://tokenterminal.com/explorer/projects/chainflip/metrics/token-supply-circulating) - [Staking market cap](https://tokenterminal.com/explorer/projects/chainflip/metrics/staking-market-cap) - [Number of validators](https://tokenterminal.com/explorer/projects/chainflip/metrics/number-of-validators) - [Total value locked](https://tokenterminal.com/explorer/projects/chainflip/metrics/tvl) - [Trading volume](https://tokenterminal.com/explorer/projects/chainflip/metrics/trading-volume) - [Tradeable pairs](https://tokenterminal.com/explorer/projects/chainflip/metrics/tradeable-pairs) - [Tradeable assets](https://tokenterminal.com/explorer/projects/chainflip/metrics/tradeable-assets) - [Active loans](https://tokenterminal.com/explorer/projects/chainflip/metrics/active-loans) - [Fees](https://tokenterminal.com/explorer/projects/chainflip/metrics/fees) - [Supply-side fees](https://tokenterminal.com/explorer/projects/chainflip/metrics/fees-supply-side) - [Revenue](https://tokenterminal.com/explorer/projects/chainflip/metrics/revenue) - [Expenses](https://tokenterminal.com/explorer/projects/chainflip/metrics/expenses) - [Token incentives](https://tokenterminal.com/explorer/projects/chainflip/metrics/token-incentives) - [Earnings](https://tokenterminal.com/explorer/projects/chainflip/metrics/earnings) - [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/chainflip/metrics/pf-fully-diluted) - [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/chainflip/metrics/pf-circulating) - [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/chainflip/metrics/ps-fully-diluted) - [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/chainflip/metrics/ps-circulating) - [Active users (daily)](https://tokenterminal.com/explorer/projects/chainflip/metrics/user-dau) - [Active users (weekly)](https://tokenterminal.com/explorer/projects/chainflip/metrics/user-wau) - [Active users (monthly)](https://tokenterminal.com/explorer/projects/chainflip/metrics/user-mau) - [Active addresses (daily)](https://tokenterminal.com/explorer/projects/chainflip/metrics/active-addresses-daily) - [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/chainflip/metrics/active-addresses-weekly) - [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/chainflip/metrics/active-addresses-monthly) - [Trade count](https://tokenterminal.com/explorer/projects/chainflip/metrics/trade-count) - [Transaction count](https://tokenterminal.com/explorer/projects/chainflip/metrics/transaction-count) - [Transactions per second](https://tokenterminal.com/explorer/projects/chainflip/metrics/transactions-per-second) - [Average transaction fee](https://tokenterminal.com/explorer/projects/chainflip/metrics/transaction-fee-average) - [Median transaction fee](https://tokenterminal.com/explorer/projects/chainflip/metrics/transaction-fee-median) - [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/chainflip/metrics/afpu) - [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/chainflip/metrics/arpu) - [Average trading volume (per trade)](https://tokenterminal.com/explorer/projects/chainflip/metrics/trading-volume-avg-per-trade-count) - [Average trading volume (per user)](https://tokenterminal.com/explorer/projects/chainflip/metrics/trading-volume-avg-per-user) - [Block time](https://tokenterminal.com/explorer/projects/chainflip/metrics/block-time) - [Take rate](https://tokenterminal.com/explorer/projects/chainflip/metrics/take-rate) - [Liquidation volume](https://tokenterminal.com/explorer/projects/chainflip/metrics/liquidation-volume) ## Links - [website](https://chainflip.io) - [twitter](https://twitter.com/Chainflip) - [docs](https://docs.chainflip.io)