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Fantom
FTM

$0.61
Market Cap
+0.72% $1,731,234,321
Fully diluted market cap
$1,960,550,960
Circulating supply
2,803,634,835 FTM
Total supply
2,803,634,835 FTM
Max. supply
-
Volume 24h
-0.84% $358,245,309
Volume/Market cap (24h)
+20.69%

Ratings

Average ratings from the community
4.6
96 Ratings
Average ratings from the community
This content is for informational purposes only

logo
Fantom
FTM

$0.61
1D
7D
1M
3M
1Y
ALL
Market Cap
+0.72% $1,731,234,321
Fully diluted market cap
$1,960,550,960
Circulating supply
2,803,634,835 FTM
Total supply
2,803,634,835 FTM
Max. supply
-
Volume 24h
-0.84% $358,245,309
Volume/Market cap (24h)
+20.69%

FTM Price Calculator

FTM
USD
1 FTM equals $0.61 United States Dollar
Last updated 2024/10/03 11:00:08 (UTC)

Ratings

Average ratings from the community
4.6
96 Ratings
Average ratings from the community
This content is for informational purposes only

FTM Market

FTM Market Stats

24h Low & High
Lowest Price
$0.63
Highest Price
$0.73
All Time High
$3.48
Price Change(1h)
+0.72%
Price Change(24h)
-13.25%
Price Change(7d)
-14.51%

FTM Price Live Data

The live price of Fantom is $0.61 per (FTM/USD) today with 24-hour trading volume is $358.24M USD. FTM to USD price is updated in real-time. Fantom is -13.25% in the last 24 hours.

FTM Price Performance

24DAYS
$-0.087
-12.21%
30DAYS
$0.20
+47.95%
90DAYS
$0.23
+57.61%
1YEAR
$0.43
+217.49%

About Fantom (FTM)



Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.

Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.

The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.

Fantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.

Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”

One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.

The ecosystem is based on two main technologies: Lachesis protocol and Opera.

The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.

Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.

Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.

The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.

As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.

The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).

In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.

FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.vFantom is an open-source decentralized smart contract platform for DApps and digital assets that was created as an alternative to Ethereum. Fantom has the goal of overcoming the limitations of previous generation blockchains and balancing three components: scalability, security and decentralization. The project offers a set of tools to simplify the process of integrating existing DApps, as well as a detailed staking reward system and built-in DeFi instruments.Fantom is a Layer-1 blockchain that uses a scratch-built consensus mechanism and independent consensus layer, Lachesis, to facilitate DeFi and related services on the basis of smart contracts. Lachesis provides security for other layers as well, including Opera, Fantom's EVM-compatible smart contract chain. The long-playing mission of the project is to “grant compatibility between all transaction bodies around the world.”One of Fantom's key strengths is its performance and efficient transaction processing, namely thousands of transactions per second, where transactions are settled in 1-2 seconds, and the cost is fractions of a cent per transaction. As a result, Fantom provides higher scalability but at a lower cost.The ecosystem is based on two main technologies: Lachesis protocol and Opera.The Lachesis protocol is the core consensus layer that secures the Fantom network by providing both transaction speed and security.Lachesis is an aBFT consensus engine that uses a directed acyclic graph (DAG) algorithm. How it works: network data can be processed at different times, and the network filters the participants, allowing only one third, which are allocated due to erroneous or malicious behavior, without compromising network processes.Fantom's Asynchronous Byzantine Fault Tolerant (aBFT) Proof-of-Stake (PoS) consensus mechanism maintains the efficiency of the entire network, its design provides security at maximum speed. Fantom developers emphasize that the PoS mechanism is a leaderless phenomenon — there are no leaders of blocks and participants, and anyone can join (or leave) the network of nodes at a convenient moment.The key qualities of Lachesis are: asynchronous, leaderless, Byzantine fault-tolerant, and near-instant finality.As for Opera, it's an application development layer or Fantom's mainnet deployment platform, permissionless and open-source hosting DApps. Thanks to EVM integration and support for the Solidity programming language, Fantom has a full set of smart contract capabilities, which allows users to seamlessly interact with Ethereum platforms while maintaining the advantage of Fantom's transaction efficiency.The Fantom Foundation concluded that removing block leaders improves network security, so Opera uses a PoS model and leaderless validators (validators do not determine which blocks are valid).In addition to being a fast, secure and cheap payment platform that enables to make fast and secure payments at minimal cost, Fantom also features on-chain governance where users vote with FTM tokens (one token equals one vote). Of the features: users have the right to express the degree of agreement / disagreement on a scale from 0 to 4.FTM is the native utility in-house PoS token of Fantom that powers the ecosystem and is applied for payments, network fees, staking, and governance. FTM forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

FTM To Local Currency

Last updated 2024/10/03 00:00:01 (UTC)

How To Buy Fantom

When it comes to buying crypto, you have a lot of options. Our guide will provide step-by-step instructions on how you can buy Fantom and help you discover other cryptocurrencies similar to Fantom.

FAQ

Q
What is the current price of Fantom?
A
We update our Fantom to USD price in real-time. Get the live Price of Fantom on CoinMapAi.
Q
What is the 24 hour trading volume of Fantom?
A
Over the last 24 hours, the trading volume of Fantom is $358.24M.
Q
What is the all time high of Fantom?
A
The all-time high of Fantom is $3.48. This all-time high is highest price paid for Fantom since it was launched.
Q
Where can I buy Fantom?
A
Fantom can be purchased on multiple centralized exchanges. Please check our buying guide: buy Fantom guide.
Cryptocurrency investment activities, including actions done to buy Fantom online via OKX, are subject to market risk. OKX provides easy and convenient ways for you to buy Fantom instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Fantom purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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