Is Chainflip (FLIP) halal or haram?
Not screened yet
We have not run our Shariah screening on Chainflip yet, so we are not giving a ruling on this page. What is below is what we have gathered and checked ourselves, without any AI: where the coin lives, its supply, what its own blockchain says about who can freeze or create coins, and the project's own documents.
What it is
Chainflip is a decentralised, trustless protocol that allows users to easily exchange cryptocurrency assets across a range of networks and blockchains without losing custody of their assets in the process.
The basics
- Where it lives
- token on ethereum
- Circulating supply
- 88,734,294 FLIP
- Total supply
- 88,734,294 FLIP
- Category
- Decentralized Finance (DeFi), Ethereum Ecosystem, Bridge Governance Tokens
What it runs, and where its revenue goes
Per DefiLlama on 2026-09-23, Chainflip runs 2 product lines: Chainflip AMM (Dexs, $1.4M in fees over 30 days); Chainflip Lending (Lending).
Per DefiLlama on 2026-09-23, $253K reached Chainflip token holders in the last 30 days (Chainflip AMM $253K). How, in DefiLlama's words: Fees collected from burning $FLIP.
Figures from DefiLlama. Whether any of this income is permissible is part of our screening.
Who controls the coins
Read from the token's verified contract on Ethereum (0x826180541412d574cf1336d22c0c0a287822678a) on 2026-09-23: it has mint (held by the contract StateChainGateway (0x6995…1dbd)), burn (held by the contract StateChainGateway (0x6995…1dbd)); what these allow is checked at screening.
Whether anyone can freeze a holder's balance, or create new coins, is part of our screening. This much is read straight from the blockchain, so it is already established before any screening runs.
The project's own sources
Checked on 23 September 2026. Every address above was fetched once to confirm it loads.