Fantom

  • What it is:Fantom is a highly scalable layer-1 blockchain platform using Lachesis aBFT consensus on a DAG architecture for fast, low-cost DeFi, dApps, and enterprise apps.
  • Best for:DeFi developers and projects, NFT creators and marketplaces, Ethereum developers seeking to scale
  • Pricing:Free tier available, paid plans from <$0.01 per transaction
  • Rating:78/100Good
  • Expert's conclusion:Fantom will work best for dApps built using the EVM that are production ready and are looking for Solana levels of performance without being locked into a particular ecosystem.
Reviewed byMaxim ManylovΒ·Web3 Engineer & Serial Founder

What Is Fantom and What Does It Do?

Fantom was developed by the Fantom Foundation, which is an open source development organization that established a high-performance Layer-1 blockchain technology called Fantom. This Layer-1 blockchain is designed to address scalability limitations associated with most existing blockchain technologies through the use of its proprietary Lachesis consensus algorithm. It also provides users with a secure, fast and EVM-compatible decentralized application (DApp) development environment for developing their own decentralized applications (dApps). The primary focus of the Fantom Foundation is to provide developers with an extremely fast and cost-effective way of creating new DApps that utilize a highly scalable and secure blockchain platform.

Active
πŸ“South Korea
πŸ“…Founded 2018
🏒Foundation
TARGET SEGMENTS
DeFi DevelopersdApp BuildersEthereum DevelopersEnterprise Solutions

What Are Fantom's Key Business Metrics?

πŸ“Š
$40M
Total Funding Raised
πŸ“Š
December 2019
Mainnet Launch
πŸ”„
1 second
Transaction Finality
πŸ”„
Fractions of a penny
Transaction Cost
πŸ“Š
3.175B tokens
Total Supply (FTM)
πŸ“Š
$12.2B+
Peak TVL

How Credible and Trustworthy Is Fantom?

78/100
Good

As a layer-1 blockchain platform, Fantom has proven itself to be a technically innovative solution with strong DeFi adoption. However, due to the fact that the foundation is still a foundation, there is very little transparency regarding the operational details of the company including information about the size of the team.

Product Maturity85/100
Company Stability75/100
Security & Compliance82/100
User Reviews70/100
Transparency65/100
Support Quality75/100
EVM-compatible for easy dApp portingPeak $12B+ TVL in DeFi ecosystemLachesis aBFT consensus mechanismMainnet operational since 2019

What is the history of Fantom and its key milestones?

2018

Foundation Established

In addition to establishing a layer-1 blockchain platform that is based on technical innovation and DeFi adoption, the Fantom Foundation has had a significant impact on the cryptocurrency ecosystem through its fundraising efforts. For example, the founders of Fantom, Dr. Ahn Byung Ik, raised $40 million dollars through an Initial Coin Offering (ICO) that sold approximately 40% of the total supply of Fantom's native cryptocurrency, FTM.

2018

Testnet Launch

Following the completion of the first round of funding for Fantom, the testnet version of Fantom was released in December of 2018. This release provided developers with the opportunity to begin testing their smart contracts and other DApps on the Fantom testnet.

2019

CEO Transition

After leaving his position as the CEO of Fantom, Dr. Ahn Byung Ik was replaced by Michael Kong who has continued to lead the Fantom Foundation forward and develop the overall vision and strategy for the project.

2019

Mainnet Opera Launch

On December 27th of 2018, the Fantom Opera mainnet was officially launched. This launch allowed the developers behind Fantom to unlock full smart contract functionality within the platform allowing them to further test and improve the performance of their platform.

2021

DeFi Ecosystem Growth

Due to the rapid adoption of Fantom, the TVL (total value locked) of the platform exceeded $12 billion dollars during the peak of the market.

What Are the Key Features of Fantom?

✨
Lachesis Consensus
The Fantom Opera mainnet utilizes a leaderless proof-of-stake algorithm referred to as aBFT (Asynchronous Byzantine Fault Tolerant), which allows the network to operate asynchronously. As such, the time required to achieve finality within the network is less than one second.
✨
High Scalability
Due to the independent nature of each app running on the Fantom Opera mainnet, the operation of each app is not affected by the amount of traffic on the network. As a result, the developers behind Fantom have solved the trilemma of decentralization, security, and scalability within their platform.
✨
EVM Compatibility
Through its ability to fully support the Ethereum Virtual Machine (EVM), the Fantom Opera mainnet provides developers with the ability to easily transfer their Ethereum-based DApps onto the Fantom Opera mainnet.
✨
Low Transaction Costs
Due to the efficiency of the Fantom Opera mainnet, the processing of transactions can be completed for fractions of a penny while achieving near-instant settlement of those transactions.
✨
Modular Architecture
The customizability of the Fantom Opera mainnet allows developers to create tailored blockchain solutions for specific use cases and applications.
✨
dPOS Validation
The delegated proof-of-stake mechanism used within the Fantom Opera mainnet utilizes witness nodes to ensure that transactions are validated efficiently and quickly.

What Technology Stack and Infrastructure Does Fantom Use?

Infrastructure

Fantom Opera mainnet (permissionless layer-1)

Technologies

Solidity (EVM)Lachesis (aBFT)Proof-of-Stake

Integrations

Ethereum dAppsDeFi ProtocolsCross-chain Bridges

AI/ML Capabilities

N/A - Core blockchain consensus via Lachesis DAG-based aBFT algorithm with dPOS validation

Based on technical descriptions from official sources and documentation summaries

What Are the Best Use Cases for Fantom?

DeFi Developers
Developers are able to deploy high-throughput lending protocols, decentralized exchanges (DEXs), and yield farming platforms with 1-second finality and minimal fees.
Ethereum dApp Developers
Developers can port existing EVM smart contracts directly to the Fantom Opera mainnet to achieve faster scalability and improved performance without needing to rewrite their existing code.
Enterprise Blockchain Teams
Developers are able to build scalable private chain solutions utilizing the modular architecture of the Fantom Opera mainnet for supply chain management and payment system applications.
GameFi Developers
Build NFT Marketplaces and Gaming Economies that Scale Responsively with Low Cost, High Speed Transaction Processes
High-Frequency Traders
Finality Achievable in Sub-Second Time Frames Suitable for Arbitrage and MEV Strategies in DeFi Applications
NOT FORCentral Bank Digital Currency Projects
Not Ideal - Does Not Have an Institutional Grade Compliance Framework or Regulatory Structure to Prove It
NOT FORBitcoin Maximalists
The Nature of Smart Contract Functionality is Incompatible with the Bitcoin Only Philosophy

How Much Does Fantom Cost and What Plans Are Available?

Pricing information with service tiers, costs, and details
☐Service$Costβ„ΉDetailsπŸ”—Source
Transaction Fees<$0.01 per transactionUltra-low fees for all transactions on the Fantom networkFantom Foundation
Gas FeesFraction of a centMinimal gas costs for smart contract executionOfficial documentation
Network AccessFreeNo subscription required to use Fantom. Users only pay transaction/gas fees. Validators can stake FTM tokens to earn rewards.β€”
Transaction Fees<$0.01 per transaction
Ultra-low fees for all transactions on the Fantom network
Fantom Foundation
Gas FeesFraction of a cent
Minimal gas costs for smart contract execution
Official documentation
Network AccessFree
No subscription required to use Fantom. Users only pay transaction/gas fees. Validators can stake FTM tokens to earn rewards.

How Does Fantom Compare to Competitors?

FeatureFantomEthereumSolanaAvalanche
Transaction Finality~1 second~78 seconds~400ms2-3 seconds
Throughput (TPS)~2,0001565,0004,500
Average Gas Fee<$0.01$5-50+$0.00025$0.01-0.1
Consensus MechanismLachesis (aBFT DAG)PoSPoHPoS
EVM CompatibleYesNativeNoYes
Smart Contract SupportYesYesYesYes
Ecosystem dApps250+3,000+500+800+
Transaction Finality
Fantom~1 second
Ethereum~78 seconds
Solana~400ms
Avalanche2-3 seconds
Throughput (TPS)
Fantom~2,000
Ethereum15
Solana65,000
Avalanche4,500
Average Gas Fee
Fantom<$0.01
Ethereum$5-50+
Solana$0.00025
Avalanche$0.01-0.1
Consensus Mechanism
FantomLachesis (aBFT DAG)
EthereumPoS
SolanaPoH
AvalanchePoS
EVM Compatible
FantomYes
EthereumNative
SolanaNo
AvalancheYes
Smart Contract Support
FantomYes
EthereumYes
SolanaYes
AvalancheYes
Ecosystem dApps
Fantom250+
Ethereum3,000+
Solana500+
Avalanche800+

How Does Fantom Compare to Competitors?

vs Ethereum

With Its DAG-Based Lachesis Consensus, Fantom Is Able To Provide Faster Finality (approximately 1 second vs approximately 78 seconds) and Lower Fees ($0.01 vs $5-$50+) Than Ethereum While Providing EVM Compatibility. Although Fantom Has A Smaller Ecosystem (250+ Dapps vs 3000+), It Has More Decentralized Validators Than Ethereum.

Select Fantom For Your Cost-Sensitive DeFi and NFT Applications, Select Ethereum for Established Projects and Security-Conscious Users.

vs Solana

Solana Provides Higher Throughput (65,000 tps vs 2000), But Fantom Offers Faster Finality (1 second vs 400 ms is comparable) And Much Lower Barrier To Entry With Minimal Fees. Solana Has Experienced Network Stability Issues; Fantom Utilizes Proven aBFT Consensus.

Select Fantom for Reliable, Scalable Applications at a Low Cost; Select Solana for High-Frequency Trading and Maximum Throughput.

vs Avalanche

Both Are Fast, Low-Cost Layer-1 Chains That Support EVM Compatibility. Fantom Provides Faster Finality (1 second vs 2-3 seconds) and Lower Fees Than Avalanche. Avalanche Has a Comparable Ecosystem Size, but Fantom's DAG Architecture is More Novel. Additionally, Avalanche Has Larger Institutional Backing.

Fantom Provides Better Technical Specifications; Avalanche Provides More Institutional Support and Larger TVL.

What are the strengths and limitations of Fantom?

Pros

  • Fantom Provides Extremely Fast Transaction Finality - Approximately 1 Second Confirmation Time, Which Is Only Matched By Networks Like Aptos and ICP
  • Fantom Provides Ultra-Low Fees - Transactions Can Be Conducted At Fractional Cent Costs, Making It An Excellent Choice for High Frequency Use Cases
  • Fantom's Lachesis DAG Consensus is Unique - Asynchronous Byzantine Fault Tolerance Enables High Throughput Without Traditional Blockchain Bottlenecks
  • EVM compatible - developers are able to easily deploy Ethereum-compatible apps by using existing tools and a language called Solidity
  • Growing ecosystem - over 250 dApps on the platform, across DeFi, NFTs, and GameFi and include platforms such as SpookySwap and Geist Finance
  • Friendly developer infrastructure - compatibility with all of the Ethereum toolset makes deploying an app very easy
  • High transaction volume - the network is capable of processing up to ~2,000 TPS, which should be enough for almost every enterprise application

Cons

  • Much smaller ecosystem than competing platforms - 250+ dApps vs Ethereum's 3,000+, resulting in less options for users and fewer network effects
  • Decreasing TVL - fell from $12.5 billion in January 2022 to $668 million; this represents a decrease in user confidence
  • Less decentralized than competitors - has a smaller validator set than Bitcoin/Ethereum, and therefore could have centralization issues
  • Competition is extremely high - faces pressure from other platforms including Solana, Avalanche, Arbitrum and future upgrades to Ethereum 2.0
  • Technical execution risk - while technically ahead of some of its competitors, still needs to demonstrate long-term viability in comparison to established players
  • Limited enterprise adoption - although targets enterprise applications, there is very little actual adoption compared to established platforms

Who Is Fantom Best For?

Best For

  • DeFi developers and projects β€” Due to low transaction costs and fast finality, the Fantom network is ideal for use in lending protocols, Automated Market Makers (AMMs), and trading platforms where transaction costs and speed are a factor
  • NFT creators and marketplaces β€” The low costs associated with minting new NFTs, combined with fast transactions, enables cost effective NFT creation and trading at scale
  • Ethereum developers seeking to scale β€” Due to EVM compatibility, it is possible to allow existing Ethereum based projects to either migrate to or deploy a clone of their project with much lower costs
  • Cost-sensitive blockchain users β€” Transaction costs are very low on the Fantom network ($<0.01); making the network accessible to individuals who have smaller capital amounts
  • Enterprise applications needing blockchain transparency β€” Fast finality and low transaction costs also makes the network suitable for use in supply chain, verification, and record keeping type applications

Not Suitable For

  • Users prioritizing maximum decentralization β€” Although Fantom has a small validator set, it does raise centralization concerns; if you want maximum decentralization, consider using either Ethereum or Bitcoin
  • Applications requiring the largest ecosystem β€” As of today, with 250+ dApps on the Fantom network versus Ethereum's 3,000+; the diversity within the Fantom ecosystem is limited; Ethereum will always be the best choice for applications that integrate with other applications.
  • Conservative institutions demanding proven track record β€” Fantom is less mature than Ethereum and is experiencing TVL decline. Therefore, you may consider Ethereum or one of the established layer-2 platforms such as Arbitrum for the purpose of institutional stability.
  • High-frequency trading requiring absolute maximum throughput β€” Solana’s 65,000 transactions per second significantly outpaces Fantom’s 2,000 transactions per second. Therefore, if your organization requires extreme throughput capabilities then choose Solana.

Are There Usage Limits or Geographic Restrictions for Fantom?

Transaction Throughput
~2,000 transactions per second at network capacity
Block Finality Time
~1-2 seconds for transaction confirmation
Smart Contract Language
Solidity and EVM-compatible languages; FVM (Fantom Virtual Machine) in development for expanded options
Validator Set Size
Currently operating with finite validator set (less decentralized than Ethereum's validator pool)
Gas Fee Cap
No hard cap; fees determined by network demand but remain <$0.01 in typical conditions
Geographic Availability
Available globally; no known geographic restrictions for network participation
Account Restrictions
EVM address standards apply; no KYC required to transact on public network
Storage Scalability
Network operates without layer-2 infrastructure, relying on DAG architecture for primary scalability

Is Fantom Secure and Compliant?

Lachesis aBFT ConsensusAsynchronous Byzantine Fault Tolerant protocol provides cryptographic security guarantees for transaction finality without requiring synchronous network assumptions
Open Source CodebaseFantom operates as decentralized, open-source blockchain platform allowing community review and auditing
EVM CompatibilityCompatible with Ethereum Virtual Machine standards, benefiting from established security practices and audited smart contract frameworks
Decentralized NetworkOperates as decentralized blockchain with distributed validator set, though smaller than Ethereum
No Central AuthorityFantom Foundation provides governance and development but does not control network funds or transactions
Transparent GovernanceFTM token holders participate in governance decisions regarding protocol upgrades and parameter changes

What Customer Support Options Does Fantom Offer?

Channels
Self-service articles and troubleshooting guidesOfficial form on fantom.foundation/contact for inquiriesTelegram, Discord, Reddit for peer supportAvailable through official channelsTwitter, Telegram, Discord communities
Hours
Community support 24/7, official responses business hours
Response Time
Varies; community immediate, official contact form responses within business days
Specialized
Developer and validator support via docs and community
Business Tier
Enterprise inquiries via contact form
Support Limitations
β€’No dedicated live chat, phone, or 24/7 official support
β€’Primary support through self-service and community channels
β€’Phantom wallet support info does not apply to Fantom blockchain

What APIs and Integrations Does Fantom Support?

API Type
JSON-RPC API for Ethereum-compatible interactions
Authentication
No authentication required for public RPC; private nodes use access controls
Webhooks
Not natively supported; use event subscriptions via WebSockets
SDKs
Web3.js, Ethers.js, official Go SDK; community libraries in multiple languages
Documentation
Comprehensive developer docs at docs.fantom.foundation with RPC methods and examples
Sandbox
Testnet (testnet.fantom.network) for development and testing
SLA
High availability via public RPC endpoints; 99.99% reported uptime historically
Rate Limits
Varies by public RPC provider (e.g., 100 req/sec on FTMScan); dedicated nodes unlimited
Use Cases
DeFi protocols, dApps, NFT marketplaces, enterprise chain integration, cross-chain bridges

What Are Common Questions About Fantom?

Fantom is a scalable layer-1 blockchain platform that is designed to be compatible with Ethereum. The Lachesis consensus protocol is used to enable high-throughput capabilities with very low-latency capabilities. Fantom enables users to create DeFi applications, NFTs, gaming applications, and other types of enterprise-based decentralized application (dApp) with sub-second finality capabilities.

Fantom provides users with much greater transaction processing speed capabilities compared to the 15 transactions per second provided by Ethereum (with an estimated 10,000 + transactions per second). Additionally, Fantom provides users with lower fees when compared to Ethereum. Fantom utilizes aBFT (Byzantine Fault Tolerance) consensus protocol to achieve better performance capability than Ethereum’s proof-of-stake (PoS) consensus protocol without compromising user security.

Yes, FTM (Fantom Token) is the native gas token for all transactions on the Fantom Network and for staking. All users will require FTM tokens to pay fees for their transactions, validators will utilize FTM tokens for the purposes of securing the Fantom Network and these tokens will also be utilized by DeFi protocols.

Fantom uses asynchronous Byzantine Fault Tolerant (aBFT) consensus protocol utilizing more than 50 active validators who have pledged significant amounts of FTM. Since its inception in 2019, Fantom has had a proven track record with respect to securing billions of dollars in total value locked (TVL) within the network.

Yes, because the Fantom Network has full EVM (Ethereum Virtual Machine) compatibility, users will be able to utilize development environments including MetaMask, Remix, Truffle, HardHat and all of the other development tools that were originally developed for Ethereum. As a result of this compatibility, users will be able to deploy existing smart contracts on the Fantom Network without having to make any modifications to those smart contracts.

Begin with the official documentation and developer tools provided by the Fantom Foundation. If you require assistance with a technical issue, use the community forums for Discord or Telegram. Submit all other types of inquiries using the contact form on fantom.foundation.

Yes, a public testnet environment exists at testnet.fantom.network where developers can test their dApps and utilize test FTM tokens. Faucets are also available through ecosystem explorers such as FTMScan testnet.

Validators on the Fantom Network require a minimum of 3.175 million FTM tokens in order to participate in staking. Validators must operate full nodes on the network and meet specified hardware requirements. Detailed instructions and configuration guidelines for setting up and running a validator node are located in the official documentation for the Fantom Network. Tools exist to facilitate the management of validator nodes and the validation process, which are accessible through the validator dashboard.

Is Fantom Worth It?

Fantom can provide enterprises with an enterprise-grade Layer-1 experience which is compatible with the Ethereum network, while running at Solana speed; therefore, this makes it a suitable option for DeFi applications that require high throughput or dApps. While it may lack some of the newest features such as Account Abstraction, which are being implemented by the bleeding edge L1’s, its proven track record of reliability and ease of use with its developer tools make it a good candidate for production ready dApps.

Recommended For

  • DeFi applications that require high TPS and low cost
  • Developers who currently develop on the EVM and want faster execution without having to rewrite their code
  • Enterprise level Blockchain projects that have been tested for scalability
  • Platforms for gaming/NFT that have a high amount of transactions per second
  • Teams moving away from Ethereum looking to gain quick returns on investment

!
Use With Caution

  • Projects that require native Account Abstraction (for L2 solutions)
  • Teams that do not understand how to manage validators (managed services will be beneficial for them)
  • Budget conscious teams (the minimum amount of infrastructure is required to run on Fantom)

Not Recommended For

  • Bitcoin only Maximalist
  • Teams that are locked into the Solana tooling ecosystem
  • Projects that require sequential rollups on the sovereign chain
  • Retail traders that invest based on speculation rather than fundamentals
Expert's Conclusion

Fantom will work best for dApps built using the EVM that are production ready and are looking for Solana levels of performance without being locked into a particular ecosystem.

Best For
DeFi applications that require high TPS and low costDevelopers who currently develop on the EVM and want faster execution without having to rewrite their codeEnterprise level Blockchain projects that have been tested for scalability

What do expert reviews and research say about Fantom?

Key Findings

Fantom has provided a scalable L1 solution for EVM compatible dApps since 2019. The Fantom project has had strong community support through official documentation and active communities on Discord and Telegram. Additionally, the Fantom platform has a variety of developer tools available such as RPC APIs, a Testnet environment, and bridge integrations with other large blockchains.

Data Quality

Good - official website, documentation, and developer resources provide comprehensive technical information. Support details confirmed through multiple ecosystem sources. Some enterprise/SLA specifics require direct contact.

Risk Factors

!
Risks of centralized validation (watch the concentration of stake)
!
Competitors that have developed newer modular L1/L2 solutions
!
Limitations of the EVM compared to native appchain development
!
Volatility of the cryptocurrency market can affect the incentives for FTM holders
Last updated: February 2026

What Additional Information Is Available for Fantom?

Developer Ecosystem

Tools and resources that are provided for developing on the Fantom platform include: Block Explorer (FTMScan), DevNet Faucet, Bridge Integrations (Layer Zero and Squid) and RPC Endpoints. In addition to these tools, the Fantom Grants Program actively supports projects within the Fantom ecosystem.

Community Engagement

The Fantom network is an active participant on several social media platforms including Discord, Telegram, Twitter, and Reddit. A community of over 100,000 users are also actively engaged in discussions regarding the Fantom protocol. The developer team holds a regular schedule of "office hours" where they engage with the community and provide updates. Additionally, the developer team hosts a series of Hackathons throughout the year using their official Discord channel as a medium.

Validator Network

The Fantom network currently has more than fifty validators participating in the network across the globe. These validators have a minimum amount of 3,175 million worth of FTM tokens that they use to validate blocks on the network. The Fantom network provides both a dashboard to monitor validator performance and a delegation program that allows users to delegate their tokens to the validators so that they may participate passively in staking.

Cross-Chain Infrastructure

The Fantom network utilizes native bridges to connect it with other major blockchains such as Ethereum, Binance Smart Chain (BSC), and Polygon. These bridges are built by utilizing two companies called LayerZero and Squid Router. Additionally, the Fantom network uses a bridge called Wormhole that connects the Fantom network with the Solana blockchain which allows for a connection into the multichain DeFi ecosystem.

Enterprise Deployments

The Fantom network operates from Amazon Web Services (AWS) and is capable of handling large amounts of data traffic and was able to handle a 30,000 percent increase in user activity during one period of time. The Opera mainnet can process over one million transactions per day, and the Fantom network is able to finalize all of those transactions within seconds.

What Are the Best Alternatives to Fantom?

  • β€’
    Avalanche: The Fantom network is a high-performance EVM layer-one blockchain with sub-second finality and supports subnets that allow users to create custom chains. This is beneficial for enterprise clients who require private deployments and want the ability to customize the rules of their blockchain. However, this comes at the cost of increased validator costs when compared to Fantom.
  • β€’
    Polygon zkEVM: The Fantom network is an Ethereum layer-two solution that utilizes zero-knowledge proofs (zk-proofs) to ensure the security of the network and lower transaction fees. While this solution offers better scalability guarantees than Fantom's layer-one solution, it still suffers from the same risks of congestion that affect the Ethereum network. Therefore, it is ideal for developers who are strictly adherent to the Ethereum protocol and do not mind paying slightly higher fees to achieve Ethereum-compatibility.
  • β€’
    BNB Chain: The Fantom network is an EVM compatible layer-one blockchain that features a centralized Proof-of-Stake (PoS) consensus mechanism and a very large Decentralized Finance (DeFi) Total Value Locked (TVL). While the Fantom network charges lower fees than its competitor networks, it lacks decentralization. Therefore, it is ideal for developing high-volume consumer-facing applications.
  • β€’
    Solana: The Fantom network is the highest throughput blockchain in existence today; however, it only accepts Rust-based development and does not support the EVM. Therefore, this network is best suited for new protocols that require a high level of throughput and do not need compatibility with existing Ethereum tools. Due to its unique nature and requirements, this network will be more difficult for some users to develop upon.
  • β€’
    Optimism: The Fantom network is currently the leading Ethereum layer-two solution and features the Optimistic Rollup technology developed by the Optimism Foundation (OP Stack) to enable fast and cheap transactions. The Fantom network is able to offer faster transaction processing times and lower fees than Fantom's layer-one solution while remaining within the security model of Ethereum. Therefore, this solution is ideal for projects that prioritize alignment with the Ethereum protocol.

What Network Metrics Does Fantom Track?

~2,000 TPS
Transactions Per Second
~1 second
Finality Time
3,175,000,000
Total Supply (FTM)
<$0.01
Transaction Cost
250+
Active DApps

What Is Fantom's Gas Economics?

Transaction Fee Model
PoS-based, dynamic pricing
Average Transaction Cost
<$0.01
Fee Currency
FTM
Consensus Layer Optimization
Lachesis aBFT protocol
Sonic Network Enhancement
Reduces storage needs by up to 90%

What Are Fantom's Ecosystem Stats?

250+ projects
DeFi & NFT dApps
Aave, Pickle Finance, Beethoven X
Major Protocols
Layer-1 EVM-compatible
Network Type
Solidity
Smart Contract Language
Independent networks per dApp
Modular Architecture

What Is Fantom's Staking Info?

Minimum Validator Stake
50,000 FTM
Staking Model
Fluid staking (lock-up optional)
Liquid Staking
Available - receive equivalent liquid tokens
Staking Rewards
Variable based on network participation
Consensus Mechanism
Leaderless Proof-of-Stake

How Does Fantom Structure Its Token Economics and Incentives?

Native Token
FTM (Fantom)
Total Supply
3,175,000,000 FTM
Maximum Supply Cap
No hard cap
Token Functions
Gas fees, staking, governance, DeFi collateral
Sonic Migration
1:1 swap rate for 6 months post-launch (Q4 2024)

What Is Fantom's Network Security Status?

Consensus MechanismLeaderless Proof-of-Stake (Lachesis aBFT)
Finality Time~1 second
Transaction ProcessingAsynchronous - no ordering requirement
Energy EfficiencyLow energy consumption vs. traditional BFT
DecentralizationDecentralized validator network

What APIs, SDKs, and developer tools does Fantom offer?

SolidityEVM CompatibleOpera MainnetSonic NetworkWeb3 DApp DevelopmentDeFi ProtocolsNFT InfrastructureGameFi SupportCross-chain BridgesGrant Programs

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