About Ferrum Network
Ferrum Network is a pioneer in ushering in the era of Interoperability 2.0. Powered by the Quantum Portal, Ferrum Network’s mainnet nodes and related infrastructure will bring value, data, and functional interoperability to every chain in the industry. Utilizing the Ferrum Network, anyone can build and deploy solutions on one network and instantly enable multi-chain functionality without the burden or technical debt that comes with managing a multi-chain infrastructure for their dApps, and projects. Ferrum also specializes as a multi-chain Blockchain as a Service DeFi company, adding deflationary mechanisms, token utility and advisory services to projects across the crypto space. With the mission of breaking down barriers to mass adoption in mind, Ferrum empowers the industry by reducing friction and bringing startups and established networks closer together.
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Trading Insights
Searched
4
Market Stats
Market Cap
$164.16K
67.57%
FDV
$352.10K
Circ. Supply
287M FRM
Max Supply
616M FRM
Total Supply
597M FRM
Diluted Valuation
$741.33K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$244.43K
-3.45%
Volume (7D)
$2.24M
Volume (30D)
$8.03M
All time high
$1.22
Price Change (1Y)
-99%
Additional info about Ferrum Network
Recent trends
The latest FRM price is $0.000571. Compared to Ferrum Network's value of $0.00 from 24 hours ago, there's been a 5% increase, while the current price is 2% up from $0.00 which was recorded one week ago. Ferrum Network's all time high is $1.22, which was reached on April 11, 2021. This is a -100% change from its price today.
The current circulating supply of Ferrum Network is 287,009,851. This is 47% of its max supply of 615,617,784 FRM and 48% of its total supply of 597,085,527. The market cap is currently $164.16K, which is a result of multiplying the current price of Ferrum Network($0.00) by the total supply(597,085,527 FRM). The fully diluted valuation of Ferrum Network is $352.10K. The diluted valuation of Ferrum Network is $352.10K.
Market details
FRM vs markets
↘ 99.21%
FRM vs BTC
↘ 99.33%
FRM vs ETH
↘ 98.51%
Tags
defi
interoperability
substrate
polkadot
+8
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
Polygon | 0xd99baFe5031cC8B345cb2e8c80135991F12D7130 | |
Avalanche C-Chain | 0xE5CAeF4Af8780E59Df925470b050Fb23C43CA68C | |
BNB Smart Chain | 0xA719b8aB7EA7AF0DDb4358719a34631bb79d15Dc |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000571 | ↗ 5.92% |
1 Day | $0.000536 | ↗ 4.62% |
1 Week | $0.000554 | ↗ 2.02% |
1 Month | $0.000814 | ↘ 30.59% |
1 Year | $0.0567 | ↘ 99.00% |
FAQ
As per the official website, Ferrum believes that crypto projects lack a working product while they are developed, and also, the tokens lack the utility of real use cases. Tokens with a lack of utility often witness situations like price dumping quickly after being listed on the exchange as the users are not incentivized to hold the token of the projects. The Ferrum cross-chain token bridge aims to be an easy, fast, and secure bridge that adds utility to the project’s token and provides the white label bridge. With the Ferrum staking technology, users can seek to develop the instant utility of tokens in staking, rewarding the users, and protecting the project from volatility.
The platform uses two cryptocurrencies: FRM, a utility token, and FRMx, a governance token. The FRM token holders aim to have access to some exclusive benefits in the form of stakingrewards, access to presales, increased value due to deflationary mechanisms, and many more things. Users who hold the FRM contribute to the platform’s aim to remove the barriers to mass adoption of blockchain. Further, users can also seek to utilize FRM as gas fees for the token bridge between Ethereum, Polygon, and Binance Smart Chain.
Meanwhile, the FRMx seeks to add value to the ecosystem by providing long-term sustainability, fair launch, and valuable utilities. Also, community members holding FRMx aim to have access to the governance committee and play an important part in Ferrum Network.
As the roadmap suggests, the project was started in 2018. The team of Ferrum Network includes Naiem Yeganeh (founder, CEO, and lead developer), Ian M. Friend (co-founder and COO), Taha Abbasi (chief strategy officer), Salman Haider (senior blockchain architect), and several other members.
We update our Ferrum Network to USD currency in real-time. Get the live price of Ferrum Network on Coinbase.
The current market cap of Ferrum Network is $164.16K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Ferrum Network is $1.22. This all-time high is highest price paid for Ferrum Network since it was launched.
Over the last 24 hours, the trading volume of Ferrum Network is $244.43K.
Assets that have a similar market cap to Ferrum Network include Playcent, Sao Paulo FC Fan Token, KingdomStarter, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Ferrum Network is 287 million.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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