Cosmos Hub $ATOM

Ξ0.00071407 -4.51%
Smart Contract PlatformBNB Chain EcosystemCosmos EcosystemTerra EcosystemCanto EcosystemAlleged SEC SecuritiesOsmosis EcosystemParadigm Portfolio
Market Cap
Ξ385,766.507
24h Volume
Ξ16,836.930
24h Change
-4.51%

Price (7D)

ATOM Markets

View DEX Screener
PairDEXChainPrice24h VolumeLiquidity
ATOM/SOL Pump Fun Solana Ξ0 Ξ1.381 Ξ1.174
ATOM/SOL Pump Fun Solana Ξ0 Ξ0.80898172 Ξ1.139
ATOM/SOL Pump Fun Solana Ξ0 Ξ0.68489569 Ξ0.10494587
ATOM/WAVAX Trader Joe V2.2 AAvalanche Ξ0 Ξ0.17610498 Ξ0.0000651
ATOM/WAVAX Trader Joe V2.2 AAvalanche Ξ0 Ξ0.15943232 Ξ0.00005963
ATOM/SOL Pump Fun Solana Ξ0 Ξ0.14072294 Ξ0.57708838
ATOM/WBNB 0.524% Uniswap V4 BNB Chain Ξ0.00077762 Ξ0.12407625 Ξ0
ATOM/SOL Pump Fun Solana Ξ0 Ξ0.04577866 Ξ0.80320694
ATOM/WETH Uniswap V4 Base Ξ0.00000004 Ξ0.02532607 Ξ39.001
ATOM/WETH Uniswap V2 Optimism Ξ0 Ξ0.01190166 Ξ0.00000239
ATOM/ETH 0.3% Uniswap V4 Base Ξ0 Ξ0.01168024 Ξ0.00144231
ATOM/WBNB 1.189% Uniswap V4 BNB Chain Ξ0.0007789 Ξ0.01011906 Ξ0

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.