Cosmos Hub ATOM
#83$1.42+1.6% 24hMarket cap $767M24h volume $40.8M
Overview
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Best flexible rates
- OKX 11.1%
- Gate 5.2%
- KuCoin 3.4%
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Active launchpools
No active launchpools with ATOM right now
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Next unlock
No scheduled unlocks
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Exchanges with this coin
KuCoin
WhiteBIT
OKX
Binance
Gate
Bitunix
Bitget
BybitAbout Cosmos Hub
- Market cap
- $767M
- #83 on the market
- Volume 24h
- $40.8M
- 5.3% of market cap
- Circulating
- 540M ATOM
- no max supply
- All-time high
- $43.84
- 19 Sep 2021 · −96.8% from ATH
- All-time low
- $1.16
- 12 Mar 2020
- Consensus
- Proof of Stake
- Type
- Layer 0
- Smart contract platform
- Smart Contract Platform
- BNB Chain Ecosystem
- Cosmos Ecosystem
- Terra Ecosystem
- +6
Website ↗ · Explorer ↗ · X ↗ · GitHub ↗ · Whitepaper ↗
On Polarly: flexible rates up to 11.1% on 7 exchanges, fixed up to 15.0%
Project description
The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture uses classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work. Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.
Read more
While the Cosmos Hub is a multi-asset distributed ledger, there is a special native token called the atom. ATOM have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance.
As a spam prevention mechanism, ATOM are used to pay fees. The fee may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”. Fee distribution is done in-protocol and a protocol specification is described here.
As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network.
Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.
Source: CoinGecko
Earn on ATOM (20)
Flexible rates · 7
The effective rate for your amount is in the Polarly app's calculator. Partner link.
Open in the appQuestions and answers
- What is the best Earn rate for ATOM?
- The best flexible rate is 11.1% on OKX: you can withdraw at any time.
- What is the fixed-term Earn rate for ATOM?
- The highest is 15.0% on KuCoin, term 60 d; the funds are locked until the end of the term.
- Which exchanges let you stake ATOM?
- 20 products on 8 exchanges: OKX, Gate, KuCoin, Bitunix, Binance, Bitget, Bybit, WhiteBIT.
- What is Cosmos Hub (ATOM)?
- The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. Categories: Smart Contract Platform, BNB Chain Ecosystem, Cosmos Ecosystem, Terra Ecosystem, Canto Ecosystem, Alleged SEC Securities, Osmosis Ecosystem, Paradigm Portfolio, Proof of Stake (PoS), Kava Ecosystem, Layer 0 (L0), DragonFly Capital Portfolio.
- How many ATOM are there and what is the maximum supply?
- 540M ATOM are in circulation; the maximum supply is not capped.
- What is the all-time high price of ATOM?
- $43.84 (19 Sep 2021). This is a historical value, not the current price. The price is now $1.42, 96.8% below the high.
Launchpools with ATOM
There have been no launchpools with ATOM