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Cosmos Hub Icon

Cosmos Hub

atomRank #82
$1.60
0.70% (24h)
Price Performance
Asset returns over standard trading timeframes
24h0.70%
7d1.04%
30d7.92%
60d3.72%
200d21.33%
1y66.40%
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. 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.

Community Sentiment
Public perception and voting ratios for Cosmos Hub
Bullish: 88.2% Bearish: 11.8%
Market Statistics
Asset overview and token supply data
Market Cap$850.29M
Fully Diluted Valuation$850.31M
24h Trading Volume$36.79M
24h High / Low
H: $1.62L: $1.57
Circulating Supply530,609,493.792 atom
Total Supply530,626,312.918 atom
Max Supply- atom
All-Time High
$43.84-96.35% from ATH
All-Time Low
$1.16+38.05% from ATL
Asset Metadata
Sector Categorizations
Smart Contract PlatformBNB Chain EcosystemCosmos EcosystemTerra EcosystemCanto EcosystemAlleged SEC SecuritiesOsmosis EcosystemParadigm PortfolioProof of Stake (PoS)Kava EcosystemLayer 0 (L0)DragonFly Capital PortfolioPantera Capital PortfolioArchway EcosystemEvmos EcosystemGMCI 30 IndexGMCI IndexOutlier Ventures PortfolioPolychain Capital PortfolioMantra EcosystemCoinbase 50 IndexGovernanceDungeon Chain Ecosystem