Fantom (FTM)
CryptoScore Pro global score : 49/100 (computed on 2026-10-29)
Fantom is a high-performance, scalable Layer 1 blockchain designed to deliver enterprise-grade decentralized applications (dApps) and decentralized finance (DeFi) solutions with near-instant finality and minimal transaction costs. Operating as an independent network—unlike Ethereum-based sidechains—Fantom leverages its proprietary Lachesis consensus protocol, a leader-based asynchronous Byzantine Fault Tolerance (aBFT) mechanism, to achieve sub-second block times and high throughput without sacrificing security. Positioned as a direct competitor to Ethereum, Solana, and Avalanche, Fantom targets developers, enterprises, and DeFi protocols seeking a more efficient alternative to congested or high-fee networks. Its native token, FTM, plays a central role in securing the network, facilitating governance, and incentivizing participation, while its compatibility with Ethereum Virtual Machine (EVM) smart contracts lowers the barrier to entry for existing Solidity developers. Despite its technical prowess, Fantom’s adoption remains niche compared to dominant Layer 1s, reflecting both its ambitious vision and the challenges of competing in a crowded space dominated by Ethereum and its…
Scores by pillar
| Technology | 55/100 |
|---|---|
| Tokenomics | 75/100 |
| Team | 56/100 |
| Adoption | 49/100 |
| Liquidity | 12/100 |
| Compliance | 59/100 |
Market data
| Price | $0.04697 |
|---|---|
| 24h volume | $0.0003 |
| 24h change | +0.06% |
| 7d change | -15.16% |
| Blockchain | Fantom |
| Sector | Layer 1 |
Analysis
Launched in 2018, Fantom is a mature, independent Layer 1 blockchain. It uses the Lachesis consensus, an asynchronous Byzantine fault-tolerant mechanism, to ensure fast transaction finality. The FTM token is used to secure the network and for governance. It targets DeFi applications, namely decentralized finance.