Fantom is a high-performance, scalable smart contract platform designed to support DeFi, enterprise applications, and real-time transactions. Launched in 2018, Fantom utilizes its Directed Acyclic Graph (DAG)-based consensus mechanism to enable fast, secure, and low-cost blockchain operations.
Fantom's native token, FTM, is used for staking, governance, transaction fees, and network security within the Fantom ecosystem.