What is Fantom?


Fantom Blockchain Summary

fantom logo

Launch Year



Public Blockchain


Lachesis (asynchronous Byzantine Fault Tolerant)

Fantom aims to solve the blockchain trilemma with its focus on lightning-fast transaction speeds, low fees, and a high degree of scalability. Its unique Lachesis consensus mechanism employs a directed acyclic graph (DAG) structure, enabling near-instant transaction finality and the ability to handle a massive number of transactions simultaneously. This makes Fantom a compelling option for developers looking to build high-performance dApps, particularly in the DeFi space.


Fantom staking mechanism and details

Fantom uses a Proof-of-Stake model where FTM holders can participate in two ways:

Details about Fantom staking

  • Validator

    Become a validator node by staking a significant amount of FTM and running specialized software. This offers higher potential rewards.

  • Delegator

    Delegate your FTM to a validator of your choice, a simpler option requiring a lower minimum stake.

Staking rewards are determined by factors such as the amount staked, validator performance, and overall network activity. Fantom encourages decentralization and participation through a flexible staking system.


Blockchain's native cryptocurrency: FTM

Coin Utility

Used for paying transaction fees, participating in staking, and voting in governance mechanisms.


While FTM has a large total supply (3.175 billion), information on its maximum supply and any burning mechanisms would be helpful to complete this section.

FTM Use Cases

FTM plays a vital role in the Fantom ecosystem, powering transactions within DeFi protocols, NFT marketplaces, and other dApps.


Fantom Smart Contracts

Fantom supports smart contracts and is compatible with the Ethereum Virtual Machine (EVM), attracting developers with the ability to port Ethereum-based dApps with relative ease. The focus on speed and scalability makes Fantom an attractive platform for building high-throughput applications.

Details about Fantom smart contracts

  • High Speed & Throughput

    Leverages Fantom’s consensus mechanism for fast smart contract execution, ideal for high-frequency use.

  • Asynchronous BFT Consensus

    Benefits from Fantom’s unique consensus mechanism designed for scalability and security.


Fantom Wallet Options

Hodlezz app showcase

fWallet (official)

Fantom's web-based wallet for managing FTM and interacting with dApps.


Widely used Ethereum wallet that can be configured for Fantom.

Ledger and Trezor

Hardware wallets for the security-conscious holder.


How to Buy Fantom (FTM): Your Guide to Top Exchanges

Ready to invest in Fantom (FTM)? Many centralized and decentralized exchanges offer ways to acquire FTM. Here’s a breakdown of some popular options to help you find the best place to buy Fantom.

Best CEXs to Buy FTM

  • Binance

    Global leader in cryptocurrency exchange with high liquidity and a wide range of FTM trading pairs.

  • KuCoin

    Global exchange featuring several trading pairs for FTM, including FTM/BTC and FTM/USDT.

  • HTX (Huobi Global)

    Leading exchange with diverse crypto offerings, including FTM.

  • Gate.io

    Established exchange with a variety of trading features and FTM support.

  • Crypto.com

    Provides various crypto services, including FTM trading.

Best DEXs to Buy FTM

  • SpookySwap

    Top decentralized exchange on the Fantom network with liquidity pools and swap features.

  • SpiritSwap

    Well-established DEX on the Fantom Network offering various DeFi features.

  • Beethoven X

    A DEX focused on yield farming and pools within the Fantom ecosystem.

Important Note: Always research and consider factors such as fees, security, supported fiat currencies, and regional availability before choosing an exchange. It’s advisable to compare multiple options for the best buying experience.


How to track Fantom assets?

Monitor and capitalize all your Fantom assets from multiple sources with auto-synced data about coin prices, NFT floor prices, advanced analytics and custom asset based opportunities.

Hodlezz app portfolio data and features

7 easy steps to track and capitalize all your Fantom assets

Open your crypto wallet app or web extension

Fantom wallet instructions for Hodlezz portfolio
Fantom wallet instructions for Hodlezz portfolio

Select your Fantom public wallet address and copy it

Open the Hodlezz mobile app and create a portfolio

Hodlezz app portfolio instructions
Hodlezz app coin display

Select the settings icon in your portfolio

Select [Add connector] from the menu

Hodlezz app Portfolio menu
Fantom integration in Hodlezz app

Select [Fantom] for any Fantom compatible address

Choose a name for your connector and insert your public wallet address

Hodlezz app portfolio connector setup

Start tracking all your crypto assets now

Experience seamless management of your digital assets with Hodlezz: the premier app for real-time tracking and analytics of your cryptocurrencies and NFTs.