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Market

Market stats

Market cap

-

Volume (24h)

$60,709.86

Circulating supply

-

All time high

$0.0100

Price change (1h)

-0.01%

Price change (24h)

-4.8%

Price change (7d)

-16.99%

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Phantom Protocol is on the decline this week.

The price of Phantom Protocol has fallen by 16.99% in the past 7 days. The price declined by 4.80% in the last 24 hours. In just the past hour, the price shrunk by 0.01%. The current price is $0.000059 per PHM. Phantom Protocol is 99.41% below the all time high of $0.0100.

The current circulating supply is 0 PHM.

About

What Is Phantom Protocol (PHM)? 

Phantom Protocol (PHM) is a next-generation DeFi+NFT solution supporting fractional trading and NFT issuance. Non-fungible tokens (NFT) can be issued via a smart contract system and minted into NFT tokens which provide higher liquidity for transactions of NFTs. NFT is an exclusively created synthetic asset by Phantom anchored in the value of real-world assets. Phantom includes a cross-chain protocol for its DeFi applications which are supporting NFT issuance and asset generation. Cross-chain is a technology enhancing the interconnection between blockchain networks by allowing the exchange of information and value.

Phantom allows users to build synthetic assets in a decentralized way using a smart contract with NFT as collateral or mainstream cryptocurrencies. Phantom allows users to trade fractional non-fungible tokens while getting engaged in GameFi applications with platform-issued NFT trading characters and items. 

Phantom Protocol (PHM) has many different attributes, such as PHM supporting multi-market asset aggregation. Users are not restricted to the range of assets they require, for instance, securities, NFT, cryptocurrency, etc. PHM is also capable of mortgaging a wide range of assets. Users can mortgage multiple assets by joining Phantom in order to create synthetic assets native coins, stablecoin, NFTs, etc. 

There are some main features of Phantom which can be divided into three different categories: NFT issuance includes NFT and token, Multimarket synthetic asset support, and cross-chain compatibility & AMM (Automated Market Maker) liquidation. Phantom is currently working with various e-sports market influencers to explore collaborations for combining e-sports and blockchain

History of Phantom Protocol (PHM)

Phantom Protocol (PHM) was introduced and built by a team of experienced developers in the field of crypto. The team also included Johnny, a formal chief technology officer at Meituan who has been in charge of MXC SpaceM projects. The PHM token was first deployed in December 2021.

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Reading List

News

DL News • Oct 02, 23

Friend.tech’s summer boom translates to 20% of Base transaction fees

Friend.tech, the Ethereum layer 2 from crypto exchange Coinbase, generated about 20% of Base's fees over a seven-day period.

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BeInCrypto • Oct 02, 23

Grayscale Files Application to Convert Ethereum Trust Into Spot Ethereum ETF

Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF). Crypto asset manager Grayscale has applied with the SEC to convert its Ethereum Trust into spot Ethereum Exchange Traded Fund (ETF).

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Chainlink-official • Oct 02, 23

Check Your Eligibility for Chainlink Staking v0.2: Priority Migration, Early Access, and General Access

Check your eligibility for Chainlink Staking v0.2 today with the newly launched Early Access Eligibility dApp. The post Check Your Eligibility for Chainlink Staking v0.2: Priority Migration, Early Access, and General Access appeared first on Chainlink Blog.

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Bitcoin Magazine • Oct 02, 23

Elon Musk Calls Fiat Currency A Scam

Musk's comment adds fuel to the ongoing debate about the role of Bitcoin in challenging traditional financial systems.

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Decrypt • Oct 02, 23

UBS Launches Tokenization Trial on Ethereum

The initiative is part of the Monetary Authority of Singapore's Project Guardian to tokenize real-world assets.

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Chainlink-official • Oct 02, 23

Chainlink Data Streams Launch on Mainnet: A Low-Latency Oracle Solution for DeFi

Chainlink Data Streams are industry-standard low-latency oracles for high-frequency data and automated execution, unlocking ultra-fast DeFi apps. The post Chainlink Data Streams Launch on Mainnet: A Low-Latency Oracle Solution for DeFi appeared first on Chainlink Blog.

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FAQ

What is the current price of Phantom Protocol?

We update our Phantom Protocol to USD currency in real-time. Get the live price of Phantom Protocol on Coinbase.

What is the market cap of Phantom Protocol?

The current market cap of Phantom Protocol is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Phantom Protocol?

The all-time high of Phantom Protocol is $0.0100. This all-time high is highest price paid for Phantom Protocol since it was launched.

What is the 24 hour trading volume of Phantom Protocol?

Over the last 24 hours, the trading volume of Phantom Protocol is $60.71K.

What other assets are similar to Phantom Protocol?

Assets that have a similar market cap to Phantom Protocol include StealthPad, Bonpay, Smart Aliens, and many others. To see a full list, see our comparable market cap assets.

How many Phantom Protocol are there?

The current circulating supply of Phantom Protocol is 0.

Can I buy Phantom Protocol on Coinbase?

Yes, Phantom Protocol is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Phantom Protocol guide.