FT

Fantom

FTM
Layer 1Rank #37Fantom

$0.0432

+6.29%24h
+5.97%7d

Market Cap

$0

Volume 24h

$3,587.16

Vol / Market Cap

0%

Rank

#37

FTM Price Chart

About Fantom

Fantom is a fast blockchain platform optimized for decentralized applications and DeFi.

What Is Fantom (FTM)? Fantom is a fast blockchain platform optimized for DeFi and decentralized applications with low fees and quick finality.

How It Works

A high-speed blockchain using a Directed Acyclic Graph (DAG) consensus mechanism. Fully EVM-compatible, it enables developers to migrate Ethereum applications to a faster settlement environment.

Use Cases

Fast DeFi Settlement: Used to secure the network and pay for transactions on a DAG-based system known for near-instant finality.

Tokenomics

DAG-Based DeFi: Uses Proof of Stake on a DAG. Used for ultra-fast payments and dApps; EVM compatibility lets developers deploy Ethereum apps with near-instant settlement.

Risks & Considerations

Strong dependence on legacy infrastructure; struggles versus modern Layer 2 rollups on speed and costs.

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