Cosmos Hub $ATOM

$1.82 +2.73%
Smart Contract PlatformBNB Chain EcosystemCosmos EcosystemTerra EcosystemCanto EcosystemAlleged SEC SecuritiesOsmosis EcosystemParadigm Portfolio
Market Cap
$939.15M
24h Volume
$27.37M
24h Change
+2.73%

Price (7D)

ATOM Markets

View DEX Screener
PairDEXChainPrice24h VolumeLiquidity
ATOM/WAVAX Trader Joe V2.2 AAvalanche $0.0₈612 $306 $0
ATOM/SOL Pump Fun Solana $0.0₅161 $270 $1.11k
ATOM/SOL Pump Fun Solana $0.0₅167 $88 $1.54k
ATOM/USDT 0.01% Uniswap V3 Ethereum $0.5015 $18 $12.54M
ATOM/SOL Pump Fun Solana $0.0₅177 $4 $1.41k
ATOM/WETH 0.3% Uniswap V3 Ethereum $2.03 $0 $513.89M
ATOM/WETH 0.3% Uniswap V3 Ethereum $2.03 $0 $513.89M
ATOM/WETH 0.01% Uniswap V3 Ethereum $2.01 $0 $510.76M

About Cosmos Hub

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.