ON

Harmony

ONE
Layer 1Rank #91Harmony

$0.002385

-2.51%24h
-0.03%7d

Market Cap

$35.46M

Volume 24h

$1.81M

Vol / Market Cap

5.09%

Rank

#91

ONE Price Chart

About Harmony

Harmony is a blockchain focused on fast transactions and scalability.

Harmony is a blockchain platform designed for fast transactions and scalable decentralized applications.

How It Works

A sharded Layer 1 blockchain that offers 2-second transaction finality. It focuses on "cross-chain" compatibility, making it easy to move assets and data between Harmony, Ethereum, and other major networks.

Use Cases

Fast Cross-Chain Bridges: Used for staking and gas fees on a network that provides high-speed connections and low-cost bridges between different blockchains.

Tokenomics

Cross-Chain Bridge: Used for staking and to pay for gas. It uses "Fast Finality" to allow users to move assets between different blockchains in seconds, focusing on gaming and high-frequency DeFi.

Risks & Considerations

Significant reputational damage from previous outages; struggles to regain trust from developers and users.

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