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Fantom
Fantom ($FTM) is a fast, highly scalable open-source smart contract platform for DeFi, dApps, and enterprise applications.
Quick Facts
- Fantom is a Layer 1 blockchain, but utilizes the EVM in the backend. Smart contracts are written in Solidity and can function on Fantom as they do on Ethereum.
- Fantom utilizes a novel asynchronous version of a Byzantine Fault Tolerance algorithm they call “Lachesis” for consensus
- Fantom is purpose built with fundamental scalability, powered by its Directed Acyclic Graph (DAG) instead of a blockchain. Each network built on Fantom is independent from one another, their performance and stability are unaffected by traffic or congestion. It has a theoretical limit of 300,000 Transactions Per Second (TPS)
- Fantom’s average Cost Per Transaction (CPT) is $$0.0000001
- Fantom’s White Paper 📄
Technical Specifications
(as of 4/10/22)
Performance Data
Metric | Value |
|---|---|
Active Transactions Per Second (TPS) | Submit data |
Max Theoretical TPS | 300,000 TPS |
Average Cost Per Transaction (CPT) | $0.0000001 USD |
Block Height | 36,481,571 |
Environmental Impact | ∙ At their current rate of about 500,000 transactions per day, Fantom consumes 0.00000301 kWh per transaction. This is 35 million times less than Ethereum and 300 million times less than Bitcoin |
Bridges | ∙ SpookySwap Bridge ∙ AnySwap Bridge ∙ Xpollinate ∙ REN VM Bridge |
Github Activity
Metric | Value |
|---|---|
Repository Name | go-opera |
Stars | 150 |
Watchers | 20 |
Forks | 97 |
Contributors | 14 |
Merged Pull Requests | 196 |
Closed vs Total Issues | 78 out of 87 |
Financial Ecosystem
(as of 4/10/22)
Metric | Value |
|---|---|
FTM Price | $1.17 |
Market Cap | $2.98B |
Ecosystem Ranking by Market Cap | #42 |
Token Trading Volume – 24hr | $331.46M |
Total Value Locked (TVL) | $117.14M |
Liquidity | Submit data |
Number of Active Wallets | Submit data |
Number of Unique Addresses | 2,834,790 |
Circulating Supply | 2.55B FTM |
Total Supply | 2,545,006,273 FTM |
Node Count | Submit data |
Inflation Rate | 5% annually |
Key Projects
Learning Resources
Social Media
Company Info
- Legal Name: Fantom Foundation
- Founded: 2018
- HQ: Seoul, South Korea
- Current employee count: 50-100 people
Key People
- Michael Kong — CEO & CIO
- Quan Nguyen — CTO
- Simone Pomposi — CMO
- James Zain — Community Manager
Funding Ecosystem
- Fund: Fantom’s 370M FTM Incentive Program
- Studio: Submit data
Investors
- Signum Capital, Obsidian Capital, Nirvana Venture Advisors, DHVC, 8 Decimal Capital, JRR Group, Bibox Fund, Arrington XRP Capital, Elysium Venture Capital, Link VC, Hyperchain Capital, Kosmos Ventures
On this page
- Fantom
- Quick Facts
- Technical Specifications
- Financial Ecosystem
- Key Projects
- Learning Resources
- Social Media
- Company Info
- Key People
- Funding Ecosystem
- Investors