Cosmos Hub ATOM
1. Summary
- Price
-
$7.08 +12.1%
- Market Cap
- $2.76B (#45)
- Supply
- 390.69M / 390.93M
- Description
-
Cosmos has a mission of creating an Internet of Blockchains through improving its interoperability. It has an Inter-Blockchain Communication (IBC) Protocol which launched in February of 2021.
Cosmos has a mission of creating an Internet of Blockchains through improving its interoperability. It has an Inter-Blockchain Communication (IBC) Protocol which launched in February of 2021.
It aims to create a network of crypto networks that are united by open-source tools when it comes to streamlining transactions between them. It has a focus on customizability as well as interoperability. In fact, instead of focusing its attention on its own network, the goal here is to foster an ecosystem of the network that can share data as well as tokens programmatically, without a central party that facilitates the activity.
This means that each new blockchain that is created through the use of Cosmos, dubbed a zone, is then tethered to the Cosmos Hub, and it is at this hub that the record, as well as the state of each zone, is maintained.
It uses a proof-of-stake consensus mechanism, and it is powered by the ATOM cryptocurrency.
The ATOM Token Explained
The native tokens of the Cosmos network are referred to as ATOMs. While holding these tokens, the holder has the ability to stake and validate blocks, as well as vote on governance issues as well as pay for transaction fees.
The interesting part here is the fact that the initial ATOM tokens were created when the Cosmos mainnet launched, and these were distributed to the initial donors, token sale participants, the Cosmo Foundation, and the developers. That being said, all new ATOM tokens are generated as rewards to network validators.
Features of Cosmos
The Cosmos network has three layers. The first is the application layer, which processes transactions and updates the state of the network itself. The second is the networking layer, which allows communication between the transactions as well as the blockchains, and then there’s the consensus layer, which helps nodes agree on the state of the system.
However, in order for all of these layers to be tied together, Cosmos relies on different tools, one of which is Tendermint. This is an essential element, as the Tendermint BFT engine allows the developers to build blockchains without having to code them from the ground up, due to the fact that it is an algorithm used by the network of computers that run the Cosmos software with the intention of securing the network, validating the transactions and committing blocks onto the blockchain itself.
Then you have the Tendermint Core, which is a proof-of-stake (PoS) governance mechanism that keeps the distributed network running the Cosmos Hub synched.
This means that, in order for the participants to power the blockchain, and have the ability to vote on the chances, they need to stake ATOM.
However, to become a validator, a node needs to be in the top 100 of nodes that stake ATOM. Voting power is actually based on the amount of ATOM that is staked.
Founders of Cosmos (ATOM)
The co-founders of Cosmos are actually the people that founded Tendermint, which is the gateway to the Cosmos ecosystem.
These are Jae Known, Zarko Milosevic, and Ethan Buchman.
Jae Known stepped down as CEO in 2020 but maintains a part of the projects.
His replacement is Tendermint’s CEO Peng Zhong, and the whole board of directors was updated as well.
| Price | |
| 52W High price | $14.19 |
| 52W High date | 7th Mar 2024 (9 months ago) |
| All Time High (ATH) Date | 17th Jan 2022 (2 years ago) |
| ATH Price | $44.45 |
| % From ATH | -77.34% |
| All Time Low (ATL) Date | 13th Mar 2020 (4 years ago) |
| ATL Price | $1.16 |
| % From ATL | 768.32% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $419.13M |
| Total Supply | 390.93M |
| Circulating Supply | 390.69M |
ATOM
How does Cosmos Hub's (ATOM) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
121.2%
ATOM
66.3%
Similar Market Cap
60 Day Return
131.0%
ATOM
56.6%
Similar Market Cap
1 Year Return
1.2%
ATOM
73.7%
Similar Market Cap
We're monitoring 113 Cosmos Hub GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Cosmos Hub Repos)
Commits vs. The Market
- Past 4 weeks: 209 commits vs. an average of 1
- Past 12 weeks: 559 commits vs. an average of 7
- Past year: 3,301 commits vs. an average of 104
Most Active Repos
| Past week | 44 |
|---|---|
| Past 12 weeks | 186 |
| Past year | 1581 |
| Past week | 54 |
|---|---|
| Past 12 weeks | 176 |
| Past year | 1173 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 767 |
| Past week | 30 |
|---|---|
| Past 12 weeks | 51 |
| Past year | 301 |
| Past week | 6 |
|---|---|
| Past 12 weeks | 8 |
| Past year | 270 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 254 |
Top Developers 2024
In total, 1459 developers have contributed to Cosmos Hub over the past year. Who are the most active Cosmos Hub developers, by commits, over the past year?
Related Projects
Developers working on Cosmos Hub also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 81,271 |
|---|---|
| Active Reddit Users (past 24h) | 71 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 15,810 |
| Twitter followers | 559,713 |
-
docs.cosmos.network/v0.52/build/building-apps/security-part-1 Official
-
docs.cosmos.network/v0.52/build/building-apps/security-part-1 Official
-
docs.cosmos.network/v0.52/learn Official
-
docs.cosmos.network/v0.52/learn Official
-
docs.cosmos.network/v0.52/learn Official
-
docs.cosmos.network/v0.52/learn Official
-
docs.cosmos.network/v0.52/learn Official
-
forum.cosmos.network/t/defunding-cosmwasm-is-a-threat-to-the-cosmos-hub-and-cosmos-ecosyst... Official
-
forum.cosmos.network/t/defunding-cosmwasm-is-a-threat-to-the-cosmos-hub-and-cosmos-ecosyst... Official
-
blog.cosmos.network/a-thousand-worlds-united-cosmos-celebrating-as-an-ecosystem-c8ff18cec5... Official
-
blog.cosmos.network/a-thousand-worlds-united-cosmos-celebrating-as-an-ecosystem-c8ff18cec5... Official
-
forum.cosmos.network/t/funding-hydro-development-integrations-in-2025/14900 Official
-
forum.cosmos.network/t/funding-hydro-development-integrations-in-2025/14900 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/bids/11 Official
-
hydro.cosmos.network/airdrops Official
-
hydro.cosmos.network/lockups Official
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | http://cosmos.network/ |
|---|---|
| Explorer | https://www.mintscan.io/cosmos |
| @cosmos | |
| /r/cosmosnetwork | |
| Forum | https://forum.cosmos.network/ |
What is the correct contract address for Cosmos Hub?
| Kava | 0x15932e26f5bd4923d46a2b205191c4b5d5f43fe3 |
|---|---|
| Canto | 0xeceeefcee421d8062ef8d6b4d814efe4dc898265 |
| Evmos | 0xc5e00d3b04563950941f7137b5afa3a534f0d6d6 |
| Cosmos | uatom |
| Archway | ibc/27394fb092d2eccd56123c74f36e4c1f926001ceada9ca97ea622b25f41e5eb2 |
| Osmosis | ibc/27394FB092D2ECCD56123C74F36E4C1F926001CEADA9CA97EA622B25F41E5EB2 |
| Binance-smart-chain | 0x0eb3a705fc54725037cc9e008bdede697f62f335 |
Has Cosmos Hub been audited for security?
No security audits found for this project.
Are you the owner of Cosmos Hub? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.