About Wrapped Fantom
Wrapped Fantom (WFTM) is a cryptocurrency and operates on the Fantom platform. Wrapped Fantom has a current supply of 2,185,023,927.79527226. The last known price of Wrapped Fantom is 0.30650867 USD and is down -2.73 over the last 24 hours. It is currently trading on 1727 active market(s) with $81,388.81 traded over the last 24 hours.
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Trading Insights
Searched
2
Market Stats
Market Cap
$649.29M
FDV
$649.29M
Circ. Supply
2.2B WFTM
Max Supply
Not enough data
Total Supply
2.2B WFTM
Performance
Popularity
Not enough data
Dominance
0.02%
Volume (24H)
$44.68K
-30.25%
Volume (7D)
$337.95K
Volume (30D)
$1.44M
All time high
$3.36
Price Change (1Y)
11.43%
Additional details
Market details
WFTM vs markets
↘ 34.45%
WFTM vs BTC
↘ 51.89%
WFTM vs ETH
↘ 31.98%
Tags
defi
rehypothecated-crypto
Network & Addresses
Network | Address | |
|---|---|---|
ADA | 0x332730a4f6e03d9c55829435f10360e13cfa41ff | |
Milkomeda C1 | 0x332730a4F6E03D9C55829435f10360E13cfA41Ff | |
Fantom | 0x21be370D5312f44cB42ce377BC9b8a0cEF1A4C83 | |
Crypto.com Coin | 0xb44a9b6905af7c801311e8f4e76932ee959c663c |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.30 | ↘ 0.55% |
1 Day | $0.30 | ↘ 0.55% |
1 Week | $0.33 | ↘ 11.09% |
1 Month | $0.33 | ↘ 11.12% |
1 Year | $0.27 | ↗ 11.43% |
Coinbase insights
Recent trends
The latest WFTM price is $0.30. Compared to Wrapped Fantom's value of $0.30 from 24 hours ago, there's been a -1% decrease, while the current price is -11% down from $0.33 which was recorded one week ago. Wrapped Fantom's all time high is $3.36, which was reached on January 17, 2022. This is a -91% change from its price today.
The market cap is currently $649.29M, which is a result of multiplying the current price of Wrapped Fantom($0.30) by the total supply(2,185,060,499 WFTM). The fully diluted valuation of Wrapped Fantom is $649.29M. The diluted valuation of Wrapped Fantom is $649.29M.
FAQ
Wrapped Fantom (WFTM) is a wrapped token of the FTM token, though the FTM token is the native token of the Fantom platform. A wrapped token simply means that the token’s value is pegged or attached to another. With wrapped tokens, it becomes easier to connect between different blockchains, enabling interoperability and bypassing the limitation of transferring native tokens, i.e., tokens that reside on native blockchains, between platforms.
Since the Fantom Opera mainnet blockchain is compatible with Ethereum, WFTM is a wrapped version of the FTM token on the Ethereum blockchain. To wrap FTM tokens, users can use the fswap option in the official Fantom wallet under the DeFi (decentralized finance) tab, and they will get WFTM tokens.
Fantom aims to be an open-source, high throughput, and fast smart contract platform designed for digital assets and DApps. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Fantom aims to provide increased transparency in their services. Additionally, the platform employs Lachesis, a revolutionary asynchronous Byzantine fault tolerance (aBFT) consensus mechanism that seeks to allow Fantom to overcome the limitations of the older blockchains and make it faster and cheaper. The Byzantine fault tolerance refers to a computer system's ability to continue working even if some of its nodes fail or act maliciously. Consequently, aBFT is a property of Byzantine fault-tolerant consensus algorithm and seeks to allow honest nodes of a network to agree on the time and order of a group of transactions securely and fairly. The transactions on the platform seek to get finalized within seconds and cost less.
Fantom is scalable and aims to process thousands of transactions in seconds. The platform can scale to thousands of nodes. Moreover, Fantom is Ethereum compatible. Hence, users can run their Ethereum DApps on Fantom effortlessly.
Apart from that, Fantom seeks to be secured by a proof-of-stake mechanism, an energy-efficient variant to reach consensus on the platform, making it an environment-friendly solution.
Michael Kong is the CEO of Fantom Foundation. The entire team comprises engineers, scientists, designers, and entrepreneurs sharing and working toward the same vision.
We update our Wrapped Fantom to USD currency in real-time. Get the live price of Wrapped Fantom on Coinbase.
The current market cap of Wrapped Fantom is $649.29M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Wrapped Fantom is $3.36. This all-time high is highest price paid for Wrapped Fantom since it was launched.
Over the last 24 hours, the trading volume of Wrapped Fantom is $44.68K.
Assets that have a similar market cap to Wrapped Fantom include tBTC V2, ether.fi Staked ETH, Bitcoin Avalanche Bridged, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Wrapped Fantom is 2.2 billion.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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