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: 62.06%(+0.16%/24h)
ETH Dominance: 9%(-0.14%/24h)
Defi Market Cap: $105.06B(+8.87%/24h)
Total Market Cap: $3266.83B(-2.11%/24h)
Total Trading Volume 24h: $176.95B(+41.59%/24h)
ETH Market Cap: $294.48B
Defi to ETH Ratio: 35.68%
Defi Dominance: 3.1%
Altcoin Market Cap: $1239.45B
Altcoin Volume 24h: $115.04B
Total Cryptocurrencies: 34486
Active Cryptocurrencies: 9809
Active Market Pairs: 102074
Active Exchanges: 815
Total Exchanges: 10419
BTC: 102106.85$(-0.1%/1H)
ETH: 2440.38$(-0.32%/1H)
AVAX: 23.82$(-1.28%/1H)
BNB: 647.56$(-0.82%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.79$(-1.46%/1H)
DOT: 4.88$(-1.49%/1H)
UNI: 6.62$(-1.4%/1H)
CAKE: 2.27$(-2.69%/1H)
SUSHI: 0.78$(-2%/1H)
ONE: 0.02$(-0.88%/1H)