Updated . Prices are snapshots and may be delayed.
Posture describes where the price stands today, from its own trend and momentum. It is not a forecast, a price target or financial advice. How it is worked out
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.
As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network.
Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.
| Exchange | Pair | Price | 24h volume |
|---|---|---|---|
| Binance | ATOM/USDT | $1.81 | $7.05M |
| MEXC | ATOM/USDT | $1.81 | $2.26M |
| KuCoin | ATOM/USDT | $1.81 | $2.12M |
| OKX | ATOM/USDT | $1.81 | $1.92M |
| Coinbase Exchange | ATOM/USD | $1.81 | $1.54M |
| HTX | ATOM/USDT | $1.81 | $974.59K |
| Kraken | ATOM/USD | $1.82 | $953.37K |
| Bybit | ATOM/USDT | $1.81 | $883.09K |
| Bitget | ATOM/USDT | $1.81 | $274.66K |
| Gate | ATOM/USDT | $1.81 | $227.64K |
| Bitvavo | ATOM/EUR | $1.80 | $146.45K |
| Crypto.com Exchange | ATOM/USD | $1.82 | $84.29K |
Established exchanges only, each with its busiest pair, by 24-hour volume. This is not a recommendation to use any exchange.
Cosmos Hub is trading at $1.75, +2.31% over the last 24 hours.
Cosmos Hub has traded $52,507,100 in the last 24 hours, about 5.6% of its market cap.
Cosmos Hub has a market capitalization of $939,318,962, ranking #80 by market cap.
Cosmos Hub reached an all-time high of $43.84 on Sep 19, 2021. It is currently −96.0% from that peak.
The crypto market is worth $2.92T, up 0.80% over 24 hours, with 26 of the top 100 coins lower and 70 higher. The S&P 500 rose 0.59% to 7,811.54.
The crypto market is worth $2.90T, down 0.90% over 24 hours, with 68 of the top 100 coins lower and 31 higher. The S&P 500 fell 0.47% to 7,765.36.
Prices and market data are provided for information only and are not investment advice. Cryptocurrency prices are volatile. Coin descriptions and statistics are sourced from CoinGecko.
