FTM is the native currency of the Fantom chain used for gas fees and security

Risk Rating
What we like
FTM is the native blockchain token used to pay for transaction fees on the Fantom network. A portion of fees (~30%) from network operations are burned to reduce the supply and increase FTM scarcity for token holders.
What we like less
There are centralization concerns as the Fantom network consists of less than 100 validators.
What it means for you
FTM has risen to a top alternative Layer-1 token with intrinsic value given its utility to pay for transaction fees, decent network usage, and deflationary mechanisms.
  • Fantom
Key Metrics
  • Market Cap: $894.2M
  • Fully Diluted Valluation: $1B
  • FDV / MC: 1.1
  • Ranking inside Exponential (excluding stables): #17
  • Circulating Supply: 2,790,869,058
  • Total Supply: 3,175,000,000
  • Total Supply: 3,175,000,000
  • Volume (24H): $96.4M
  • ATH: $3.46 (10/28/2021)
  • ATL: $0.00 (03/13/2020)
Risk Assessment
Asset Strength

FTM is a mid-cap asset that represents the blockchain's native currency or monetary fee used to execute transactions on the network. The asset has a fixed supply.

Asset Volatility

FTM is moderately correlated to the overall market.


Fantom has no dependencies.

Things to know about FTM

What is FTM used for?

The FTM token has two main use cases: to pay for gas fees on the network and for staking to secure the blockchain. The Fantom network requires a small amount of FTM to execute transactions on the blockchain. Validators on the network are required to stake FTM to process network activity in return for staking rewards and transaction fees (paid in FTM).

FTM tokenomics

The total supply of FTM is capped at around 3.175B tokens. Prior to mainnet launch, the entirety of the FTM supply was pre-mined. Of this amount, about 40% of the supply was sold to private investors in three separate rounds. Founders, the project team, and advisors collective received roughly 20% of supply. The remaining 40% was split between a smaller strategic reserve and the pre-mined rewards reserve.

How does FTM accrue value?

A portion of fees (~30%) paid to execute transactions on the Fantom network are burned, reducing the supply, and increasing the FTM token's scarcity. If network demand is strong enough and the number of FTM burned exceeds the amount minted via staking rewards, then the asset can become deflationary. This deflationary effect will mostly be offset in the beginning by inflationary token emissions to reward validators.

FTM Pools