Fantom Price

Fantom (FTM) Live Price Chart

Fantom Price Live Data

The current price of Fantom is $0.30087, with a 24-hour trading volume of $ 2.36M. Fantom has experienced a 0% change in the past 24 hours, and its USD value has increased by +1.19% over the past 7 days. The circulating supply of Fantom is 2.55B FTM and its current market cap stands at 845.66M USD, up --% in the past 24 hours. Fantom ranks #49 in market capitalization.

Fantom(FTM) Info

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About FTM

What is Fantom (FTM)?

Fantom is a blockchain with smart contract functionality designed for high throughput and scalability. Its open-source, decentralized platform supports dApps and digital assets which need higher levels of scalability, security and decentralization than Ethereum can offer.

FTM is the native token of the Fantom network, which can be used to interact with dApps. In addition, it also supports staking and governance functions within the Fantom ecosystem.

Fantom is not only a smart contract platform that can run decentralized applications but it also offers users a convenient way for users to send and receive payments. The high throughput and low transaction fees make transactions extremely efficient on the Fantom network.

Due to its unique features, Fantom is an attractive ecosystem for dApps, especially in the DeFi space. As of February 2023, Fantom is the eighth largest blockchain ecosystem by total value locked in DeFi protocols.

What is Fantom Coin Used For?

The Fantom network uses a proof of stake (PoS) consensus mechanism. FTM, its native digital asset, is used for staking by nodes who wish to participate in validating transactions within the blockchain and maintain its security.

The Fantom Coin also doubles up as the governance token within the blockchain ecosystem. Users who stake FTM can propose and vote on upgrades to the network.

In addition, the FTM crypto can also be used for making digital payments and transactions. The Fantom network offers extremely high speeds for transaction processing and charges only about $0.0000001 in gas fees, making it a convenient way to transfer payments digitally.

The FTM token is also used to pay for transactions within the network and for deploying smart contracts. Users also pay in FTM when they wish to create new networks within the ecosystem.

The list above reveals the versatility of the Fantom cryptocurrency, as a result of which it is also among the most popular and liquid digital assets traded in the crypto market. If you wish to invest in FTM, do check its live price and rely on fundamental, technical and sentiment analysis of Fantom price action before placing your trades.

History of Fantom and FTM

The Fantom Foundation, the firm behind the development of the blockchain, was established in 2018 by Dr. Ahn Byung Ik. Fantom’s mainnet, Opera, went live in December 2019.

Opera was the first layer in the network, an EVM-compatible platform that can support smart contracts. Prior to the main net launch, Fantom also announced an integration with Binance Chain so BEP-2 tokens could operate on its blockchain.

The Fantom Foundation created a brand new consensus algorithm using a Directed Acyclic Graph (DAG) with an aim to achieve asynchronous Byzantine fault tolerance (aBFT). Known as the Lachesis protocol, the consensus mechanism makes the Fantom network faster and more scalable.

To further its dominance in the decentralized finance space, the Fantom Foundation tapped Andre Cronje - creator of Yearn Finance, as a technical advisor. Cronje was instrumental in driving interoperability-related initiatives but has since stepped back from his role when he announced his departure from Defi in early 2022.


How can I buy Fantom (FTM)?

Buying FTM on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Fantom (FTM) for more information.

How much is 1 Fantom (FTM) worth?

KuCoin provides real-time USD price updates for Fantom (FTM). Fantom price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time FTM to USD exchange rates.

Is Fantom (FTM) a Good Investment?

Fantom’s FTM is a relatively new entrant into the world of cryptocurrencies but has managed to capture the attention of many investors in this short span of time. In 2020, the FTM price rose by almost 60% while 2021 saw the Fantom price soar by over 13,700%.

Fantom was one of the top performers of the crypto market in 2021 on the back of its rising popularity among DeFi protocols, with the FTM price and market cap soaring through the crypto bull run of 2021. In addition, the Fantom Foundation’s initiative to make the ecosystem supportive for BEP-2 and ERC-20 tokens also caught the eye of crypto investors.

The Fantom price hit an all-time high of $3.48 on 28 October 2021 and has enjoyed a place in the top 50 cryptos by market cap. Even through bearish cycles and stiff competition, FTM has managed to enjoy high trading volume.

Looking ahead, the FTM price could make further gains and provide strong ROI to its investors on the back of rising adoption of DeFi protocols among users. Increasing Fantom’s interoperability features can also make the FTM crypto an attractive digital asset to invest in.

Is FTM an ERC-20 Token?

The FTM token is the native cryptocurrency that can be used on the Fantom Opera mainnet. In addition, the circulating supply of FTM consists of two other forms as well - as ERC-20 tokens and as BEP-2 tokens.

The ERC-20 Fantom token cannot be used directly on the Opera network and needs to be swapped so that it can be used within this ecosystem. While Fantom Opera uses a structure similar to that of Ethereum for wallet addresses, they do not function in the same way.

How to Bridge FTM From Ethereum to Fantom

You can bridge FTM from Ethereum to the Fantom network using DEXs and multi-chain bridges, e.g., Let’s look at how to transfer FTM from Ethereum mainnet to Fantom Opera with

1. Create a MetaMask wallet and fund it with sufficient FTM (ERC-20) and ETH tokens to pay gas fees. Ensure that your Network is set to Ethereum Mainnet (default).

2. Visit and connect your MetaMask wallet to its interface.

3. Once your wallet is connected, select the FTM token and Ethereum network in the From section. Add FTM and Fantom in the To section in the page.

4. Enter the number of FTM tokens you wish to bridge from Ethereum to Fantom and click on Swap. Confirm the swap transaction on and MetaMask.

5. A couple of minutes later, your MetaMask account will be funded with FTM tokens on the Fantom Mainnet.

How Can I Stake FTM?

FTM is not available for staking on cryptocurrency exchanges as of April 2022. You can only stake FTM from the Fantom fWallet at the moment. Here’s how you can stake $FTM using Fantom fWallet

1. Create a Fantom fWallet and fund it by buying FTM on KuCoin or other supported platforms and withdrawing your tokens into it.

2. Use the Staking option in the menu bar and select Delegate.

3. Enter the amount of FTM tokens you wish to stake, starting from a minimum of 1 FTM.

4. Select a validator from the dropdown list to find an active validator you can stake your FTM to and then get started. Validators are eligible to receive 15% of the staking rewards you earn as a delegator.

5. Sit back, earn rewards, and grow your crypto holdings by staking FTM.

What Blockchains Are Fantom Compatible With?

The Fantom Opera network enjoys full EVM compatibility, which means it can support Ethereum smart contracts written in Solidity or Vyper. In addition, it has also integrated with Binance Chain to support BEP-2 tokens within its ecosystem.

Fantom is also compatible with Cosmos SDK, letting developers use its aBFT consensus mechanism as a base layer to create applications using the Cosmos SDK.

What is the all-time high price of Fantom (FTM)?

The all-time high price of Fantom (FTM) is $3.48. The current price of FTM is down 0.91% from its all-time high.

What is the all-time low price of Fantom (FTM)?

The all-time low price of Fantom (FTM) is $0.00195. The current price of FTM is up 153.03% from its all-time low.

How much Fantom (FTM) is there in circulation?

As of 11 30, 2023, there is currently 2.55B FTM in circulation. FTM has a maximum supply of 3.18B.

What is the market cap of Fantom (FTM)?

The current market cap of FTM is $845.66M. It is calculated by multiplying the current supply of FTM by its real-time market price of $845.66M.

How do I store Fantom (FTM)?

You can securely store your Fantom in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your FTM include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.

How do I convert Fantom (FTM) to cash?

You can instantly exchange your Fantom (FTM) for cash using KuCoin's Fast Trade feature. This feature enables you to convert FTM to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.