Introducing Phantom

Published on: 23.04.2021
Introducing Phantom

Phantom is an optimized DeFi protocol for synthetic assets & their IDO issuance supporting real-world asset.

This protocol has following features:

I. Multi-market Synthetic Asset support

When developing synthetic assets on Phantom, the range of asset types includes not only common cryptocurrencies but also expands to traditional and mainstream markets.

II. Diversified Collaterals

Phantom allows a broader variety of collaterals for generating synthetic assets such as:

  • Stablecoins: USDT, DAI, USDC, etc.
  • Major cryptocurrencies: BTC, ETH, etc.
  • Quality Tokens: CFX, BNB, etc.
  • NFTs: Popular Crypto NFTs and more

III. Cross-chain Compatibility

Phantom will support multiple public chains, including Conflux, Ethereum, Binance Smart Chain, and more, thus achieving cross-chain compatibility and interoperability among popular platforms while reducing transaction fees for users.

Market Stats:
BTC Dominance: 56.59%(-0.45%/24h)
ETH Dominance: 12.25%(+0.05%/24h)
Defi Market Cap: $123.39B(+23.40%/24h)
Total Market Cap: $3432.59B(+6.17%/24h)
Total Trading Volume 24h: $149.56B(-4.66%/24h)
ETH Market Cap: $421.21B
Defi to ETH Ratio: 29.29%
Defi Dominance: 3.44%
Altcoin Market Cap: $1490.02B
Altcoin Volume 24h: $96.24B
Total Cryptocurrencies: 32982
Active Cryptocurrencies: 10488
Active Market Pairs: 95337
Active Exchanges: 771
Total Exchanges: 9804
BTC: 98102.63$(0.73%/1H)
ETH: 3490$(1.04%/1H)
AVAX: 40.87$(1.35%/1H)
BNB: 694.84$(0.3%/1H)
MATIC: 0.53$(2.16%/1H)
FTM: 0.99$(0.06%/1H)
ADA: 0.94$(1.38%/1H)
DOT: 7.56$(0.48%/1H)
UNI: 14.61$(0.72%/1H)
CAKE: 2.62$(-0.01%/1H)
SUSHI: 1.62$(1.37%/1H)
ONE: 0.03$(2.8%/1H)