Convert between CFG and US dollars at the live rate.
$0.400363
−54.89% from current
$0.067185
+168.84% from current
Independent editorial ranking. Score is 0–10 across six criteria: Security, Fees, UX, Features, Support, Reputation.
US and EU users who prioritise a spotless security record — no major hack since 2011 — and want a serious pro-grade trading terminal.
Institutions and funds requiring an SEC-registered venue with segregated qualified custody and audited on-chain reserves.
Active spot traders chasing the deepest global liquidity and the widest listing catalogue outside the US perimeter.
Traders who mix spot and on-chain — the Web3 wallet, DEX aggregator and Ethereum L2 X Layer sit inside the same account as CEX pairs.
Long-horizon EU holders who want the oldest continuously-operating exchange (2011) with conservative listings and full MiCA licensing.
Derivatives-first traders who want tighter perp funding and a maker-friendly fee schedule; accept offshore regulatory footprint.
Top coins in the same category, ordered by market cap.
Centrifuge is one of the original real-world asset (RWA) protocols in crypto, focused on bringing tokenized private credit on-chain. The project was founded in 2017 by Lucas Vogelsang and Martin Quensel, who came out of the supply-chain finance world and wanted to plug the same kind of invoice and receivables financing into open blockchain rails. The company runs out of Berlin and San Francisco, and the protocol has been building tokenized credit infrastructure longer than almost any competitor in the space.
The product stack has gone through three distinct generations. Tinlake was the original lending protocol on Ethereum, where asset originators created pools, structured them in senior and junior tranches, and matched investors against real-world receivables. Centrifuge Chain is a Polkadot parachain that handles asset issuance, on-chain governance, and CFG staking. Centrifuge V3, which went live in late 2024, redeployed the core protocol natively to Ethereum and Base as a multi-chain stack with cleaner pool primitives and async investment flows. CFG is the native token across all of it: governance, validator staking, and fee accrual.
CFG trades on a mix of centralized and decentralized venues, with the deepest order books in CFG/USDT and CFG/USD pairs. The reference price on this page is volume-weighted across multi-venue feeds and refreshes every 60 seconds. CFG launched in 2021 alongside the Centrifuge parachain auction on Polkadot, ran up during the 2021 RWA cycle, retraced through the 2022 bear market, and has tracked the broader RWA narrative since.
What actually moves CFG on any given week:
The numbers in the price card above are live. For multi-year scenarios, see our Centrifuge price forecast.
Centrifuge is structured around pools. An asset originator (a fintech, a real-estate lender, a fund manager) brings real-world cashflows on-chain by tokenizing the underlying assets as NFTs that represent specific receivables, loans, or invoices. Investors fund these pools and receive tranche tokens in return.
The product has matured across generations: Tinlake proved the model, Centrifuge Chain decentralized governance, and V3 turned the stack into something more credibly institutional with multi-chain reach.
Centrifuge is the protocol that effectively put MakerDAO into real-world assets. Starting in 2020-2021, MakerDAO began onboarding Tinlake pools as collateral for DAI, with each pool given a debt ceiling and a governance vote. At peak, RWA collateral generated the bulk of MakerDAO’s revenue.
The Maker connection is part of why Centrifuge sits in the same conversation as Maker and Ondo Finance when investors look at the RWA category. Each takes a different slice: Maker is a DAI issuer that uses RWA as collateral, Ondo focuses on tokenized US Treasuries for institutions, and Centrifuge is the underlying credit-tokenization rail that supports private-credit pools across multiple DAOs and funds.
CFG is the native asset of Centrifuge Chain and the governance token for the broader protocol. The token launched in 2021 alongside Centrifuge’s Polkadot parachain auction, with allocations to early investors, the team, the foundation, and rewards for crowdloan participants.
Compared to fixed-supply RWA names, CFG’s inflationary design is closer to a Layer 1 token like DOT or ATOM. The protocol has to balance staking yield against dilution, and CFG governance periodically debates the inflation curve.
Centrifuge V3 represents the protocol’s biggest architectural shift since launch. The redeployment, completed in late 2024, moved Centrifuge from a primarily Polkadot-and-Ethereum stack to a multi-chain protocol with first-class support for Ethereum and Base, plus cross-chain pool issuance.
V3 is being rolled out gradually, with originators migrating pools as their deal terms allow. The CFG market reads the pace of migration and the size of incoming originators as forward indicators on protocol revenue.
CFG is listed on most major centralized exchanges and on a handful of DEXs across Ethereum and Base. The flow is straightforward, but custody and on-chain participation matter more than for a passive holding.
Send a small test transfer first whenever you move large amounts. A $1 test transaction beats a misrouted five-figure withdrawal, especially when bridging between Ethereum, Base, and Centrifuge Chain.
CFG carries the risk profile of an early-stage RWA infrastructure token, not a generic large-cap altcoin. Several issues drive most of the downside scenarios.
This page is information, not financial advice. Talk to a licensed advisor before allocating real capital.
Analysis last updated:
Centrifuge (CFG) trades at $0.18062 with a 24-hour volume of $7.21M and a market capitalization of $68.67M. The asset is currently ranked #349 among all tracked cryptocurrencies.
In the last 24 hours, the CFG price has fallen +2.79%. On a seven-day window, Centrifuge has retraced +3.90%, under sustained selling pressure on both windows. Short-term moves are often amplified by liquidity, news flow, and derivatives positioning, so confirm signals across multiple indicators before acting.
Centrifuge's all-time high of $0.400363 was set on August 24, 2025. The current price sits +54.89% below that peak. Distance from the all-time high is a common reference point when evaluating long recoveries and macro support or resistance.
Buying Centrifuge (CFG) is a five-step routine once you have picked the right venue and pair. The steps below mirror what most investors do today.
You can also use the Centrifuge converter above to estimate how much CFG you would get for a given dollar amount before placing the order.
Whether Centrifuge is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, CFG carries real market risk: prices can rise or fall sharply in a day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.
