Fluence
FLT
Decentralized serverless computing platform
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| 0.02% | 0.07% | 6.10% | 29.75% | 218.63% | 12.14% |
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About Fluence
Fluence is a decentralized computing platform that enables developers to build and run applications on a peer-to-peer network of globally distributed compute providers. Its core business revolves around offering an open alternative to centralized cloud services, allowing code to be executed closer to users and data sources.
Its key competitiveness lies in its serverless architecture combined with blockchain-based coordination. Developers can write code using Aqua, a programming language designed for distributed applications, which simplifies the orchestration of workflows across multiple nodes. Fluence leverages underutilized compute capacity worldwide, potentially reducing costs compared to traditional cloud providers. The platform's native token (FLT) is used for payment, staking, and governance, aligning incentives among providers, developers, and users.
The market pain points Fluence addresses include high cloud costs, vendor lock-in, and the lack of transparency in centralized infrastructure. By providing a permissionless and verifiable compute layer, it aims to give developers more control and flexibility, while enabling applications that require low latency or data sovereignty.
In the past six months (2026-02-28 to 2026-08-29), Fluence has focused on expanding its network of compute providers and enhancing developer tooling. The team released updates to the Aqua language and the Fluence CLI, improving the developer experience. Additionally, several new integrations with Web3 projects were announced, demonstrating the platform's growing adoption. However, the project has faced challenges, including a temporary network outage in early 2026 that raised concerns about reliability. The team addressed the issue with a post-mortem and implemented improvements to network resilience.
Evgeny Ponomarev (Co-founder) - LinkedIn: linkedin.com/in/evgenyponomarev, Twitter: x.com/eponomarev. Previously led product at MeForo and 2GIS, with background in product management and marketing.
Dmitry Kurinskiy (Co-founder & CTO) - LinkedIn: linkedin.com/in/dmitrykurinskiy, Twitter: x.com/name_alari. Former CTO at PASSENGER.ME and lead engineer at Wh Software, specializing in Scala, distributed systems, and high-load architectures.
Tom Trowbridge (Co-founder) - LinkedIn: linkedin.com/in/tom-trowbridge-12623, Twitter: x.com/TheTomTrow. Former President of Hedera Hashgraph, founder of DePIN Day and DePINed podcast, investor and advocate for decentralized systems.