#35 / L1 networksfantomPartially verified
Fantom
A DAG-based EVM chain whose ecosystem has been migrating to its Sonic successor.
Token
FTM
Sector
High-throughput EVM chain
Category
L1 networks
Organizations
0
Why it matters
Fantom ran a directed-acyclic-graph consensus offering fast, cheap EVM-compatible transactions, and hosted a substantial DeFi ecosystem during the 2021 cycle. The project later launched Sonic as its next-generation network with a migration path for the ecosystem and token, so anyone researching FTM today should first confirm the current status of that migration before assuming which asset and chain are live.
General research guidance, not analysis specific to this asset. Detail is pending.
Track the real organization or foundation behind the token, not just the ticker.
Separate token utility from price action before building a position.
Compare network usage, liquidity, incentives, and governance quality against nearby competitors.
Token utility
Gas for EVM transactions on the network
Staking and validator delegation
Collateral across its DeFi ecosystem
Key risks
Migration to a successor network creates token and ecosystem transition risk
DeFi activity fell sharply from its previous cycle peak
Crowded competition among fast EVM-compatible chains
References
Last verified:
- Sonic | The Fastest EVM Layer-1 Blockchain
Fantom · soniclabs.com · primary source
The project's official site, retrieved on the date shown, supporting how it describes itself. It does not establish supply, governance or issuance mechanics.
Accessed
Linked organizations
MapPending linkage to a concrete organization on the map.
Relationships
Competes with
Ethereum
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Competes with
Avalanche
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Competes with
Solana
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
