Flamingo Finance (FLM): Uses, Supply and Risks

Flamingo Finance is a decentralized finance protocol built around the Neo ecosystem. It brings together services for trading, earning and borrowing, with features described as including token swaps, liquidity pools, a vault and a cross-chain asset gateway. These tools are aimed primarily at people using Neo-based DeFi, though the availability of particular features can change.

FLM is the protocol’s associated token. Public sources do not establish that every Flamingo service requires FLM, or specify all of its current functions and rules. Treat the token and the protocol as related but distinct: using a Flamingo service does not automatically mean you need to hold FLM. Check the protocol’s current documentation for details about any feature you plan to use.

FLM is associated with participation in the Flamingo ecosystem, and public descriptions of Flamingo features include ways to earn rewards denominated in FLM. One named feature, FLOCKS, has been described as offering yield in FLM and other assets. Reward availability and terms can change, so do not assume that a past or advertised yield is currently available or guaranteed.

Flamingo also offers DeFi functions such as trading, liquidity provision and borrowing. The information available here does not confirm that FLM is required for these activities, nor does it establish specific current voting rights, fee discounts or other token privileges. Before committing assets, check the terms and risks of the particular feature. Rewards, when offered, are not the same as a guaranteed return, and using DeFi services can expose you to loss.

As of 2026-06-25, the reported circulating and total supply of FLM is about 569.8 million tokens, with a stated maximum supply of 1 billion. These figures may differ from other trackers or change as supply information is updated. The stated maximum is not the same as the amount currently in circulation.

The reported price was about $0.00054 per FLM on that date, with a market capitalization of about $307,000. These are snapshots, not stable values, and can move substantially. The reported all-time high was $1.59 on 2020-09-27, while the reported all-time low was about $0.00045 on 2026-05-23. Past prices do not indicate what FLM will be worth in the future. This page does not make a price prediction or offer buy or sell advice.

Flamingo Finance is described as a Neo-based DeFi protocol, and public token profiles describe FLM as operating on the Neo platform. However, public sources do not establish a complete, current list of networks on which FLM is issued or supported. Do not assume that a token with the same name or symbol on another network is the same asset.

Before transferring FLM, check the network and token details shown by the Flamingo service or exchange you are using. The sending and receiving service must support the same network and asset format; a mismatch can make a transfer difficult or impossible to recover. If you use a wallet, confirm that it supports the relevant Neo asset and that you can access the correct account and recovery method. The protocol’s network affiliation alone does not guarantee compatibility with every wallet or exchange.

FLM carries the risks common to crypto assets, including sharp price changes, limited liquidity and the possibility of losing some or all of the amount you hold. DeFi adds separate risks: smart-contract faults, changing reward terms, liquidity shortages, borrowing conditions and problems involving assets used across networks. A reward paid in FLM can also lose value, and advertised returns should not be treated as guaranteed.

For self-custody, use a wallet that explicitly supports FLM on the relevant network. Keep recovery information private and secure, and check the destination address and network before sending. Never share a recovery phrase or approve an unfamiliar wallet request. An exchange may offer custody, but that means you rely on the exchange’s security and withdrawal policies. Consider whether you understand the service and can afford the risk before using it.