Fantom

Fantom

High-Speed Layer-1 Smart Contract Platform

Launch Year
2019
Consensus
Proof of Stake (Lachesis aBFT)
Max Supply
3,175,000,000 FTM
Block Time
~1 second
FTM
FTM
Fantom
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
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  • 1000+ supported exchange pairs
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Fantom Price Chart

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About Fantom

Fantom (FTM) is a high-performance, scalable smart contract platform designed to overcome the limitations of older blockchains. Built on the Lachesis consensus mechanism — a leaderless asynchronous Byzantine Fault Tolerant (aBFT) protocol — Fantom achieves finality in about 1 second with extremely low fees. Launched in 2019, Fantom became a major DeFi hub, hosting protocols like SpookySwap, Beethoven X, and Geist Finance. The network is fully EVM-compatible, allowing Ethereum developers to deploy applications with minimal changes. Fantom is transitioning to Sonic, a next-generation upgrade promising even greater speed and developer tooling.

History

2018
Fantom Foundation raises $40 million in an ICO to build a next-generation DAG-based smart contract platform.
2019
Fantom Opera mainnet launches with the Lachesis aBFT consensus mechanism.
2021
DeFi explosion on Fantom: TVL surpasses $10 billion driven by Andre Cronje's ecosystem projects.
2022
Andre Cronje and Anton Nell announce departure from Fantom ecosystem; TVL drops significantly.
2023
Fantom introduces gas monetization for developers and announces Sonic upgrade roadmap.
2024
Sonic testnet launches with 2000+ TPS throughput and improved EVM equivalence.

How to Swap FTM

Exchanging Fantom (FTM) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose FTM as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending FTM from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store FTM

Fantom is stored on wallets that support the Fantom Opera network. MetaMask can be configured for Fantom by adding the custom RPC (chainId 250, RPC: https://rpc.ftm.tools). Trust Wallet and Coinbase Wallet support Fantom natively. For maximum security, Ledger hardware wallets support FTM through MetaMask with a custom Fantom network configuration. The fWallet (pwawallet.fantom.network) is Fantom's official wallet option.

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Frequently Asked Questions