FTM

FantomFTM

Rank #95
Coin
On 64,972 watchlists

Fantom Price (FTM)

$0.3739
6.79%

0.000006919 BTC3.32%

0.0001544 ETH10.72%

Low:$0.3612
High:$0.4046
24h
FTM  Fantom FTMPrice: $0.3739 6.79%
Market Cap
$951,550,406
6.79%
Market Cap / TVL Ratio
3.04
Fully Diluted Market Cap
$1,187,098,268
6.79%
Total Value Locked (TVL)
$313,170,100
Volume
24h
$68,063,760
15.84%
Volume / Market Cap
0.07153
Circulating Supply
2,545,006,273 FTM
80%
Max Supply
3,175,000,000
Total Supply
2,545,006,273

Fantom to USD Chart

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FTM Price Live Data

The live Fantom price today is $0.373889 USD with a 24-hour trading volume of $68,063,760 USD. Fantom is down 6.79% in the last 24 hours. The current CoinMarketCap ranking is #95, with a live market cap of $951,550,406 USD. It has a circulating supply of 2,545,006,273 FTM coins and a max. supply of 3,175,000,000 FTM coins.

The top exchanges for trading in Fantom are currently Binance, OKEx, FTX, VCC Exchange, and MXC.COM. You can find others listed on our crypto exchanges page.

What Is 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.

Who Are the Founders of Fantom?

The Fantom Foundation was founded by South Korean computer scientist Dr. Ahn Byung Ik. Currently, the platform’s CEO is Michael Kong.

The team behind Fantom has extensive experience primarily in the field of full-stack blockchain development, and aimed to create a smart contract platform which privileges scalability, decentralization and security.

According to its official website, Fantom’s team also consists of specialist engineers, scientists, researchers, designers and entrepreneurs. Employees are located throughout the world, matching the ethos of a distributed platform.

What Makes Fantom Unique?

Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.

The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional proof-of-stake (PoS) algorithm-based platforms.

Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”

Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.

Through token sales in 2018, Fantom raised almost $40 million to fund development.

Find out more about Avalanche here.

Find out more about Neo here.

Find out more about Ethereum 2.0 here.

New to cryptocurrency? CoinMarketCap’s dedicated information resource, Alexandria, can help you understand everything you need to know.

How Many Fantom (FTM) Coins Are There In Circulation?

FTM is a proof-of-stake (PoS) token which in fact exists in several incarnations.

The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.

The total supply of FTM is 3.175 billion tokens, of which 2,134,638,448 FTM is currently in circulation. The rest will be released subject to a schedule running through 2023.

Staking forms an important part of tokenomics, with a proportion of the supply reserved specifically for staking rewards to users who hold FTM.

How Is the Fantom Network Secured?

Fantom uses a bespoke variety of proof-of-stake algorithm to provide services and secure its network. Known as Lachesis, it is an example of a so-called asynchronous byzantine fault tolerant (aBFT) consensus mechanism.

By removing leadership among network participants, Fantom avoids low-cost attack risk, while staking adds further user incentives to secure operations using FTM token holdings.

Where Can You Buy Fantom (FTM)?

Fantom’s FTM token is freely tradeable, and can be found on major exchanges such as Binance, Gate.io and OKEx Korea.

FTM exists on several protocols, with ERC-20, BEP2 and Fantom’s own OPERA tokens all circulating.

If you’re new to cryptocurrency and want to find out more about how to buy Bitcoin (BTC) or any other token, check out this information first.

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FTM

Fantom

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USD

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FTM Price Statistics

Fantom Price Today
Fantom Price$0.3739
Price Change24h$-0.02723
6.79%
24h Low / 24h High
$0.3612 /
$0.4046
Trading Volume24h$68,063,760.17
15.84%
Volume / Market Cap0.07153
Market Dominance0.05%
Market Rank#95
Total Value Locked (TVL)$313,170,100
Fantom Market Cap
Market Cap$951,550,405.77
6.79%
Fully Diluted Market Cap$1,187,098,267.84
6.79%
Fantom Price Yesterday
Yesterday's Low / High
$0.368 /
$0.4079
Yesterday's Open / Close
$0.4007 /
$0.369
Yesterday's Change

7.91%

Yesterday's Volume$62,663,498.01
Fantom Price History
7d Low / 7d High
$0.3468 /
$0.5731
30d Low / 30d High
$0.2987 /
$0.5731
90d Low / 90d High
$0.02669 /
$0.8717
52 Week Low / 52 Week High
$0.003003 /
$0.8717
All Time High
Feb 25, 2021 (2 months ago)
$0.8717
57.11%
All Time Low
Mar 13, 2020 (a year ago)
$0.001935
19218.25%
Fantom ROI

2495.58%

Fantom Supply
Circulating Supply2,545,006,273 FTM
Total Supply2,545,006,273 FTM
Max Supply3,175,000,000 FTM