Evmos EVMOS

1. Summary

Ranks

Liquidity

85

Developer

89

Social

94

Momentum (beta)

36

Stack Rank™

69

Price

$0.03 -2.1%

Market Cap

$14.64M (#1105)

Supply

509.00M / 1.00B

Tags

Smart Contracts Cosmos Ecosystem Ethereum Ecosystem Layer 1 (L1) Coinbase Ventures Portfolio Galaxy Digital Portfolio Circle Ventures Portfolio Evmos Ecosystem

More Metrics

Price
52W High price	$0.18
52W High date	28th Dec 2023 (6 months ago)
All Time High (ATH) Date	28th Apr 2022 (2 years ago)
ATH Price	$6.84
% From ATH	-99.57%
All Time Low (ATL) Date	5th Jul 2024 (3 weeks ago)
ATL Price	$0.02
% From ATL	30.23%

Supply & Trading Volume
Trading Volume (24h)	$593,205.00
Total Supply	1.00B
Circulating Supply	509.00M

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Description

Evmos: Bridging Ethereum and Cosmos Ecosystems

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Evmos: Bridging Ethereum and Cosmos Ecosystems

Evmos is an Ethereum Virtual Machine (EVM) compatible blockchain built using the Cosmos software development kit (SDK). It enables interoperability between the Ethereum and Cosmos ecosystems, allowing developers to deploy applications that run smart contracts across multiple EVM and Cosmos-based blockchains while ensuring seamless interaction between these different networks. The use of the Cosmos SDK allows Evmos to maintain high scalability, high throughput and fast transactions, making it ideal for decentralized applications (dApps).

The Evmos network leverages the Tendermint Core Byzantine Fault Tolerant consensus engine, which operates on a proof-of-stake (PoS) consensus mechanism. This means that Evmos is designed to be highly secure, efficient, and environment-friendly, reducing energy consumption associated with traditional proof-of-work protocols.

Key Features:

• EVM Compatibility: Evmos supports full Ethereum Virtual Machine (EVM) compatibility, allowing developers to deploy EVM-based smart contracts on Cosmos networks without having to rewrite their code.
• Cosmos Integration: Evmos leverages the Cosmos SDK, enabling interoperability with other Cosmos-based blockchains and expanded access to liquidity and user bases for decentralized applications (dApps).
• Multi-Chain dApps: Evmos allows developers to create cross-chain dApps that tap into the functionality of both Ethereum and Cosmos ecosystems, fostering a more unified blockchain experience.
• Scalability: Built on Tendermint Core's Byzantine Fault Tolerance consensus algorithm, Evmos is designed to handle high transaction volumes and scale efficiently.
• EVMOS Token: The native EVMOS token is used for various purposes, including transaction fees, validation rewards, and governance voting within the Evmos decentralized autonomous organization (DAO).

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