Songbird (SGB): What It Is, Uses and Risks

Songbird is a blockchain that the public sources describe as a canary network for Flare, a relationship the sources compare to Kusama and Polkadot. SGB is the native token of that chain. Several sources say SGB was distributed through an airdrop tied to Flare. In a December 2, 2021 statement, eToro said it had received SongBird tokens from Flare and was holding them in cold storage for eligible users. Public sources do not give a launch date, founding team, or governance structure, so this page does not cover them. Anyone researching SGB should confirm the project's history from its own documentation and from neutral reporting before relying on any single summary.

according to public reporting, SGB's main purpose is to test Flare's network architecture, including its F-asset and FSTO features. In other words, the network is described as a testing ground for technology that Flare plans to use on its main network. The data does not list specific consumer applications, staking rules, governance rights, or fee mechanics for SGB. It is therefore not clear whether holders use SGB to pay transaction fees, stake it, or vote on anything. Where a token's use is not stated, it is better to say so than to guess. Readers who want to know what SGB does on-chain should look for the project's technical documentation and check how the network and its dApps describe the token's role.

As of 2026-11-05, the data shows SGB at about $0.00075 per token, with a market capitalization of about $14.1 million and a fully diluted valuation of about $14.7 million. It ranks 1030th by market capitalization, and 24-hour trading volume is about $16,316. The circulating supply is about 18.7 billion SGB and the total supply is about 19.6 billion. No maximum supply is listed. Over the past seven days the price fell about 11 percent, and over the past year it fell about 74 percent. The all-time high of about $0.71 was recorded on 2021-09-29, and the all-time low of about $0.00064 was recorded on 2026-04-08. These figures change constantly and are shown only as context, not as a forecast.

Trading volume in the data is very small, so even modest orders could move the price sharply. The sources also disagree on how the network reaches consensus. One result says the chain uses a consensus method that is neither proof of work nor proof of stake, while another describes it as proof of stake. This gap should be resolved with primary technical documents before drawing conclusions about security. Public information about the team, audits, and long-term funding also appears limited. Because SGB is tied to a network described as a test environment, its future relationship to Flare is uncertain. For storage, use a wallet that officially supports the Songbird network, verify network settings from the project's own channels, and double-check the network before sending any transfer, since sending to the wrong chain can lead to lost funds.