Reflexer Ungovernance Token

FLX Rank #2599

Token

Trading Activity

Dormant

$0 traded Price signal unreliable

$1.18

Updated 15 mins ago Data via CoinMarketCap

Market cap: $227.75K
Token Dominance: 0.0%
Volume (24h): $0
Circ. supply: 193.8K
FDV: $1.18M

Price support evidence

Reported volume45% weight 0 / 100

Valid-pair liquidity25% weight Unavailable

Market-cap turnover15% weight 0 / 100

Exchange breadth10% weight Unavailable

Quote freshness5% weight 100 / 100

Reliability decision

0 40 / 100 minimum

Price signal withheld Price-derived sentiment is not reliable enough to publish.

Activity evidence

24h volume: $0.00
Turnover: 0.0000%
Valid markets: 0
Active exchanges: 0

Low activity can make the displayed price sensitive to a handful of trades. Trading Activity assesses price reliability—not project development, legal status, reserves, or solvency.

Price movement Not interpreted while trading support is below the reliability threshold.

Market context

Supporting only

Displayed price: $1.18
Market cap: $227.75K
Reported pairs: 23

How Trading Activity is calculated

What it measures

The model combines reported 24-hour volume, market-cap turnover, valid-pair liquidity, active exchange breadth, and quote freshness. Missing optional evidence lowers coverage; missing volume or a known-stale quote suppresses price-derived interpretation.

Configured model weights

Reported volume: 45% weight
Valid-pair liquidity: 25% weight
Market-cap turnover: 15% weight
Exchange breadth: 10% weight
Quote freshness: 5% weight

When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.

How to read it

Scores of 0–19 are dormant, 20–39 are thin, 40–69 are supported, and 70–100 are active. Scores below 40 withhold price-derived interpretation.

Showing 1 spot market sorted by CoinMarketCap exchange rank. Markets excluded from CMC price or volume calculations are hidden.

		Pair
1	Uniswap v2	FLX/WETH	$1.35	$404	270

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FLX is the Ungovernance token for RAI: A non pegged, ETH backed stable asset.

FLX will have two different core functions:

Lender of last resort: similar to other models such as the Maker protocol, the RAI system will have surplus and debt auctions. Debt auctions will autonomously mint and auction new FLX in case the system is underwater.
Ungoverning the RAI system: once the vast majority of governance capabilities are completely removed from the system, the community will be able to decide on how, when and if to securely governance minimize any remaining components. FLX will facilitate further ungovernance and allow the community to take decisions on how to remove themselves from discretion over the protocol.

Reflexer Ungovernance Token