Fantom price
FTM
FTM

Fantom price

$0.52230
+$0.00060000
(+0.11%)
Price change from 00:00 UTC until now
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USD
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24h
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Fantom market information

Market cap
$1.47B
Circulating supply
2,803,634,836 FTM
Market cap ranking
48
24h high
$0.53480
24h low
$0.50750
All-time high
$3.4843

FTM calculator

USDUSD
FTMFTM
Our current rate
1 FTM ≈ $0.52230

Fantom price performance in USD

The current price of Fantom is $0.52230. Since 00:00 UTC, Fantom has increased by +0.12%. It currently has a circulating supply of 2,803,634,836 FTM and a maximum supply of 3,175,000,000 FTM, giving it a fully diluted market cap of $1.47B. At present, Fantom holds the 48 position in market cap rankings. The Fantom/USD price is updated in real-time.
Today
$0.00060000
+0.11%
7 days
$0.032900
+6.72%
30 days
-$0.02960
-5.37%
3 months
-$0.22450
-30.07%

About Fantom (FTM)

4.0/5
Certik
4.5
07/19/2024
CyberScope
4.2
07/20/2024
TokenInsight
3.3
03/27/2023
The rating provided is an aggregated rating collected by OKX TR from the sources provided and is for informational purpose only. OKX TR does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX TR does not guarantee any return, repayment of principal or interest. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Fantom is a fast, high-performance, open-source Layer 1 smart contract platform that hosts multiple digital assets and decentralized applications (dApps). FTM is the name and ticker symbol of the native ERC-20 token of the protocol.

Fantom aims to solve the blockchain trilemma, which discusses the trade-off between scalability, security, and decentralization via a directed acyclic graph (DAG)-based model. It uses the Lachesis consensus algorithm, a DAG-based asynchronous algorithm integrated with its mainnet. The technology enables the network to scale to several nodes distributed worldwide in a permissionless and open environment.

The Lachesis consensus algorithm also allows the protocol to facilitate 300,000 transactions per second. In addition, the Opera mainnet, which enables smart contracts through the Ethereum Virtual Machine (EVM), employs a leaderless Proof of Stake (PoS) consensus to enhance security.

Being a one-stop suite for decentralized finance (DeFi), Fantom provides users with an array of financial services such as liquid staking, crypto asset minting, lending, borrowing, and trading. Its official wallet, fWallet, lets users transfer money, stake FTM, and access the ecosystem. FTM is also fully compatible with several other wallets, like the OKX TR wallet, MetaMask, and various hardware wallets.

FTM is primarily used to secure the network via a Proof of Stake system, for governance, and pay network fees. FTM can also be staked to delegators that operate the network. FTM is also the main currency of exchange on Fantom and can be used in the network’s dApps and to buy Fantom NFTs.

FTM price and tokenomics

FTM has a total supply of 3.175 billion tokens. The platform employs an inflationary model. In its initial coin offering (ICO) that ended on June 18, 2018, 40 percent of the total supply was distributed. Additionally, 15 percent, 10 percent, and 3.6 percent were allocated to advisors, the founding team, and the strategic reserve. The tokens not in circulation are reserved for staking rewards.

On August 30, 2021, FTM announced its incentive program, which allocated 370 million FTM. The program enables protocol teams to apply for rewards based on their total value locked, scaling from one million to five million tokens in the first stage.

About the founders

The CEO and CIO of Fantom, Micheal Kong, has worked as CTO at MyStake and Liberte & Co. He also co-founded Horyzon, an equity management platform built on blockchain technology.

Andre Cronje is the DeFi architect of Fantom. Cronje has extensive experience in the blockchain and cryptocurrency industries and is well-known for founding Yearn Finance.

Fantom has formed partnerships with big names in the industry, such as Chainlink, Band Protocol, The Graph, and Covalent.

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FTM FAQ

What is FTM?

Fantom is an open-source smart contract platform that hosts decentralized applications and provides users with fast, secure, and scalable transactions thanks to its DAG architecture. Users can perform lightning-fast transactions at fees as low as a fraction of a cent.

FTM is the ticker for the native token of Fantom. It is an Ethereum-based token but is also supported on Binance as a BEP-20 token and in Fantom’s local mainnet, Fantom Opera.

How does FTM work?

Fantom uses Lachesis, an asynchronous non-deterministic algorithm, to enable high transaction speeds and low fees. This technology also ensures high security and a high degree of network decentralization.

Inside the ecosystem, users can choose to perform various financial transactions, lend or borrow crypto assets, and stake FTM. Developers can also build experimental projects inside this EVM-compatible network.

Where can I buy FTM?

Easily buy FTM tokens on the OKX TR cryptocurrency platform. Available trading pairs in the OKX TR spot trading terminal include FTM/USDT and FTM/USDC.

You can also buy FTM with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for FTM with zero fees and no price slippage by using OKX TR Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into FTM, visit the OKX TR Crypto Converter Calculator. OKX TR's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is Fantom worth today?
Currently, one Fantom is worth $0.52230. For answers and insight into Fantom's price action, you're in the right place. Explore the latest Fantom charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Fantom, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Fantom have been created as well.

FTM calculator

USDUSD
FTMFTM
Our current rate
1 FTM ≈ $0.52230