#55

Fantom

FTM
0.0000112 BTC
$0.95
24h: -8.83% 7d: -9.37%
All Time High $3.46 Oct 28, 2021
24h
$0.95 $1.1
24h Volume $1.07B

Price Chart

About Fantom

Fantom (FTM)

Fantom is an innovative cryptocurrency that stands out as a high-performance smart contract platform built on a unique Directed Acyclic Graph (DAG) architecture. Designed to tackle the persistent scalability challenges faced by traditional blockchain technologies, Fantom aims to deliver an efficient and cost-effective solution for decentralized applications (dApps).

Key Features

The core of the Fantom ecosystem is the OPERA Chain, which leverages the advanced Lachesis Protocol to achieve rapid consensus. This allows the network to finalize transactions in approximately one second and maintain an impressive throughput of around 2,000 transactions per second, all while ensuring transaction costs remain under $0.01.

Decentralization and Compatibility

Fantom is committed to enabling real-time transactions and seamless data sharing across global transaction bodies. Its decentralized infrastructure ensures accessibility from anywhere in the world, promoting a truly inclusive ecosystem.

Robust Ecosystem

With an expanding array of over 250 active dApps, Fantom supports a vibrant ecosystem that encompasses DeFi, NFTs, and GameFi. Developers can harness the platform’s capabilities to create applications that rival traditional web applications in speed and efficiency while benefiting from the autonomy and interoperability that blockchain technology offers.

Staking and Rewards

Users can stake FTM tokens to secure the network and earn rewards. Additionally, dApps deployed on the Fantom platform can benefit from a unique gas monetization model that allows them to receive 15% of the gas fees they generate, providing a sustainable income stream.

Bridging Assets

Fantom’s architecture supports numerous bridging solutions, enabling users to transfer assets across different blockchain ecosystems easily. This feature enhances the platform's interoperability and fosters collaboration within the broader blockchain community.

Environmentally Conscious

Fantom is designed with an emphasis on sustainability, offering a more energy-efficient alternative to conventional blockchain systems. Its asynchronous transaction confirmation method allows it to achieve scalability without the need for additional layer 2 solutions.

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Categories

Infrastructure Smart Contract Platform BNB Chain Ecosystem Layer 1 (L1) Fantom Ecosystem Harmony Ecosystem Moonriver Ecosystem Ethereum Ecosystem Alameda Research Portfolio GMCI Layer 1 Index GMCI Index

Market Data

Rank
#55
Market Cap
$3.22B
Volume
$1.07B
Circulating Supply
2.8B FTM
Total Supply
3.18B FTM
Max Supply
3.18B FTM

Additional Information

Genesis Date
24h Market Cap Change
$-498.8M
24h Market Cap Change %
-13.43%