FLT Fluence Rank #2714

Fluence (FLT) is a decentralized computing protocol built within the Ethereum ecosystem. The project operates as part of the Decentralized Physical Infrastructure (DePIN) category, focusing on distributing computational resources away from centralized cloud providers. Its platform is designed to offer decentralized, low-cost, and verifiable compute, allowing participants to contribute and utilize processing power through a peer-to-peer network rather than relying on traditional infrastructure. By emphasizing verifiability and affordability, Fluence aims to provide an open alternative for hosting and executing workloads on blockchain-based infrastructure. The project originates from the United States and has received backing from venture firms including Multicoin Capital and Alameda Research, reflecting early institutional interest in its decentralized compute model.