Cosmos price
ATOM
ATOM

Cosmos price

$6.2320
-$0.04000
(-0.64%)
Price change from 00:00 UTC until now
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USD
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24h
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Cosmos market information

Market cap
$2.44B
Circulating supply
390,688,370 ATOM
Market cap ranking
40
24h high
$6.4350
24h low
$6.2310
All-time high
$44.8000

ATOM calculator

USDUSD
ATOMATOM
Our current rate
1 ATOM ≈ $6.2320

Cosmos price performance in USD

The current price of Cosmos is $6.2320. Since 00:00 UTC, Cosmos has decreased by -0.64%. It currently has a circulating supply of 390,688,370 ATOM and a maximum supply of 390,930,035 ATOM, giving it a fully diluted market cap of $2.44B. At present, Cosmos holds the 40 position in market cap rankings. The Cosmos/USD price is updated in real-time.
Today
-$0.04000
-0.64%
7 days
-$0.37400
-5.67%
30 days
-$0.58800
-8.63%
3 months
-$2.1760
-25.89%

About Cosmos (ATOM)

4.6/5
Certik
4.7
07/21/2024
CyberScope
4.4
07/21/2024
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/ tax/ investment professional for questions about your specific circumstances.
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Cosmos is a decentralized hub bridging multiple blockchains using Byzantine Fault Tolerance (BFT) consensus algorithms like Tendermint. This pioneering platform not only aspires to knit together diverse blockchains but also to enhance their collective functionality. With a unified vision, the Cosmos team aims to break down barriers, envisioning a cohesive blockchain realm, all under the Cosmos umbrella.

What Is Cosmos

Cosmos, often called the “internet of blockchains,” seeks to revolutionize the blockchain industry by addressing major challenges like scalability and interoperability. It does so by fostering communication between distributed ledgers without relying on a centralized server.

The Cosmos ecosystem comprises application-specific sidechains named “Zones.” These Zones are interconnected through the Cosmos Hub, similar to Polkadot's parachain model.

ATOM, its native token, facilitates governance voting and strengthens security through staking.

The Cosmos team

Cosmos was developed by the Tendermint team. Its co-founders, Jae Kwon, the mastermind behind the Tendermint consensus algorithm, and Ethan Buchman, have rallied a team of adept blockchain developers, cryptographers, and computer scientists.

How does Cosmos work

Cosmos utilizes a "hub and spoke" architecture, where the Cosmos Hub acts as the central hub, and various independent blockchains, referred to as “Spokes,” connect to it. These independent blockchains, known as Zones, leverage the Tendermint consensus protocol and communicate with the hub using the Inter-Blockchain Communication (IBC) protocol.

In contrast to many platforms that depend on smart contracts for inter-chain interactions, Cosmos introduces an open-source tool that allows developers to design and develop decentralized blockchain applications. Additionally, Cosmos offers software development kits (SDKs) to streamline the creation of these applications.

ATOM tokenomics

ATOM is the native token of the Cosmos network. It underpins the network's Proof of Stake (PoS) consensus model, with validators and delegators staking ATOM tokens to bolster security and partake in consensus. Moreover, ATOM holders possess governance rights, influencing the trajectory of the Cosmos network through their votes. ATOM can also be used to pay transaction fees or staked for additional rewards. An annual inflation rate of 7 percent to 20 percent incentivizes ATOM holders to stake their tokens.

Distribution of ATOM

ATOM was initially distributed as follows:

  • 35 percent earmarked for staking rewards
  • 30 percent disseminated to partner exchanges to ensure liquidity
  • 10 percent set aside for the Interchain Foundation
  • 10 percent remains with Tendermint
  • 15 percent was allocated to the team and investors
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ATOM FAQ

What is Cosmos?

Cosmos is an interoperable network designed to connect various independent blockchains, facilitating communication and collaboration between them. It aims to address the blockchain industry's challenges of scalability and interoperability.

Why is interoperability important in the blockchain space?

Interoperability allows for different blockchains to communicate and share information. It bridges the gap between isolated blockchains, enabling more integrated and versatile applications and solutions.

Where can I buy ATOM?

Easily buy ATOM tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ATOM/BTC, ATOM/ETH, ATOM/USDT, and ATOM/USDC.

You can also buy ATOM with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ATOM with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ATOM, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

How much is Cosmos worth today?
Currently, one Cosmos is worth $6.2320. For answers and insight into Cosmos's price action, you're in the right place. Explore the latest Cosmos charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Cosmos, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Cosmos have been created as well.

ATOM calculator

USDUSD
ATOMATOM
Our current rate
1 ATOM ≈ $6.2320