FTM

FantomFTM

Rank #67
Coin
On 683,421 watchlists

Fantom Price (FTM)

$0.223
2.03%

0.0000114 BTC0.37%

0.0001687 ETH0.97%

Low:$0.2185
High:$0.2245
24h
FTM  Fantom FTM
Price:
$0.223
 2.03%
Market Cap
$567,517,889
2.03%
Fully Diluted Market Cap
$708,001,908
2.03%
Volume
24h
$64,820,913
9.01%
Volume / Market Cap
0.1142
Circulating Supply
2.55B FTM
80%
Max Supply
3,175,000,000
Total Supply
2,545,006,273
Sponsored

Fantom to USD Chart

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FTM to USD Converter

FTM

Fantom

USD

United States Dollar

FTM Price Statistics

Fantom Price Today
Fantom Price$0.223
Price Change24h$0.00443
2.03%
24h Low / 24h High
$0.2185 /
$0.2245
Trading Volume24h$64,820,912.93
9.01%
Volume / Market Cap0.1142
Market Dominance0.06%
Market Rank#67
Fantom Market Cap
Market Cap$567,517,888.67
2.03%
Fully Diluted Market Cap$708,001,907.75
2.03%
Fantom Price Yesterday
Yesterday's Low / High
$0.216 /
$0.2243
Yesterday's Open / Close
$0.2178 /
$0.2238
Yesterday's Change

2.74%

Yesterday's Volume$69,499,996.29
Fantom Price History
7d Low / 7d High
$0.216 /
$0.237
30d Low / 30d High
$0.216 /
$0.2856
90d Low / 90d High
$0.216 /
$0.417
52 Week Low / 52 Week High
$0.1961 /
$3.48
All Time High
Oct 28, 2021 (a year ago)
$3.48
93.60%
All Time Low
Mar 13, 2020 (3 years ago)
$0.001953
11318.08%
Fantom ROI

1444.42%

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

FTM to USD Converter

FTM

Fantom

USD

United States Dollar

FTM Price Live Data

The live Fantom price today is $0.222993 USD with a 24-hour trading volume of $64,820,913 USD. We update our FTM to USD price in real-time. Fantom is up 2.03% in the last 24 hours. The current CoinMarketCap ranking is #67, with a live market cap of $567,517,889 USD. It has a circulating supply of 2,545,006,273 FTM coins and a max. supply of 3,175,000,000 FTM coins.

If you would like to know where to buy Fantom at the current rate, the top cryptocurrency exchanges for trading in Fantom stock are currently Binance, BTCEX, OKX, Deepcoin, and MEXC. 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.

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.

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.

FTM to USD Converter

FTM

Fantom

USD

United States Dollar

FTM Price Statistics

Fantom Price Today
Fantom Price$0.223
Price Change24h$0.00443
2.03%
24h Low / 24h High
$0.2185 /
$0.2245
Trading Volume24h$64,820,912.93
9.01%
Volume / Market Cap0.1142
Market Dominance0.06%
Market Rank#67
Fantom Market Cap
Market Cap$567,517,888.67
2.03%
Fully Diluted Market Cap$708,001,907.75
2.03%
Fantom Price Yesterday
Yesterday's Low / High
$0.216 /
$0.2243
Yesterday's Open / Close
$0.2178 /
$0.2238
Yesterday's Change

2.74%

Yesterday's Volume$69,499,996.29
Fantom Price History
7d Low / 7d High
$0.216 /
$0.237
30d Low / 30d High
$0.216 /
$0.2856
90d Low / 90d High
$0.216 /
$0.417
52 Week Low / 52 Week High
$0.1961 /
$3.48
All Time High
Oct 28, 2021 (a year ago)
$3.48
93.60%
All Time Low
Mar 13, 2020 (3 years ago)
$0.001953
11318.08%
Fantom ROI

1444.42%

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