Cryptocurrencies:  7,535Markets:  31,612Market Cap:  $394,866,992,69424h Vol:  $101,757,967,391BTC Dominance:  62.2%
Market Cap:  $394,866,992,69424h Vol:  $101,757,967,391BTC Dominance:  62.2%Cryptocurrencies:  7,535Markets:  31,612

Fantom (FTM)

$0.018999 USD (-10.49%)
0.00000143 BTC (-6.83%)
0.00062604 BNB (-6.60%)
Earn Crypto
  • Market Cap
    $40,621,074 USD
    3,066 BTC
    1,338,545 BNB
  • Volume (24h)
    $11,495,359 USD
    867.64298809 BTC
    378,795 BNB
  • Circulating Supply
    2,138,099,462 FTM
  • Total Supply
    2,138,153,791 FTM
  • Max Supply
    3,175,000,000 FTM

About Fantom

Fantom price today is $0.018999 USD with a 24-hour trading volume of $11,495,359 USD. Fantom is down 10.49% in the last 24 hours. The current CoinMarketCap ranking is #155, with a market cap of $40,621,074 USD. It has a circulating supply of 2,138,099,462 FTM coins and a max. supply of 3,175,000,000 FTM coins. You can find the top exchanges to trade Fantom 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 David Richardson, former managing CEO at Mid-Ocean Consulting.

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.

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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.

Fantom Price

Fantom Price$0.018999 USD
Fantom ROI
Market Rank#155
Market Cap$40,621,074 USD
24 Hour Volume$11,495,359 USD
Circulating Supply2,138,099,462 FTM
Total Supply2,138,153,791 FTM
Max Supply3,175,000,000 FTM
All Time High
$0.056356 USD
(Sep 02, 2020)
All Time Low
$0.001935 USD
(Mar 13, 2020)
52 Week High / Low
$0.056356 USD /
$0.001953 USD
90 Day High / Low
$0.056356 USD /
$0.012004 USD
30 Day High / Low
$0.040555 USD /
$0.018317 USD
7 Day High / Low
$0.027432 USD /
$0.018317 USD
24 Hour High / Low
$0.021005 USD /
$0.018317 USD
Yesterday's High / Low
$0.021738 USD /
$0.018317 USD
Yesterday's Open / Close
$0.021545 USD /
$0.018894 USD
Yesterday's Change$-0.002651 USD (-12.30%)
Yesterday's Volume$11,806,584 USD
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