Cosmos Hub ATOM

Rank #85Smart Contract PlatformBNB Chain EcosystemCosmos Ecosystem
$1.30
24h −4.95%7d −12.09%30d −36.70%
D
Health grade
55 / 100
Elevated

Updated 30 minutes ago

Key figures

Market cap
$701.49M
FDV
$701.49M
24h volume
$31.55M
Circulating supply
100.0%
All-time high
$43.84
−97.04% · 2021-09-19
TVL
—
1-year change
−55.19%
90-day volatility
79.1%

Price (USD)

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Health score

D
Size 25%
46
Liquidity 25%
28
Supply 15%
100
Security 20%
75
Stability 15%
42
  • Supply can be increased by the contract owner
  • Top 10 holders control a large share of supply
  • Thin exchange liquidity

The health score combines size, exchange liquidity, supply dilution, contract security and price stability from public data. It is a quick screening aid, not a recommendation.

Tokenomics

Circulating
540.77M
Total supply
540.77M
Max supply
∞

Market cap is 100.0% of fully diluted value. Lower values mean more tokens are still to be released.

Contract security

binance-smart-chain
  • Source code verifiedYes
  • Honeypot riskNo
  • MintableYes
  • Ownership reclaimableNo
  • Blacklist functionNo
  • Upgradeable proxyNo
  • Buy/sell tax0.00%
  • Holders74,248
  • Top 10 holders45.59%

Checks are provided by GoPlus Security for the main contract and can change after upgrades.

Liquidity & trading

Binance · ATOMUSDT
24h turnover
$1.17M
24h trades
12,686
Bid/ask spread
7.71 bp
Order-book depth ±2%
$222.44K

About the project

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.

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.