Cosmos Hub (ATOM)
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Chart: TradingView Lightweight Charts™ · Data: CoinMarketCap
Cosmos Hub value in USD
Conversions using the latest available price. Excludes fees and the bid-ask spread.
| ATOM amount | Value |
|---|---|
| 0.001 ATOM | $0.00174 |
| 0.01 ATOM | $0.0174 |
| 0.1 ATOM | $0.1735 |
| 1 ATOM | $1.74 |
| 10 ATOM | $17.35 |
| Budget | Estimated amount of ATOM |
|---|---|
| $100.00 | 57.62832333 ATOM |
| $500.00 | 288.14161666 ATOM |
| $1,000.00 | 576.28323331 ATOM |
| $5,000.00 | 2,881.41616655 ATOM |
| $10,000.00 | 5,762.83233310 ATOM |
Cosmos Hub in brief
Cosmos Hub, launched in 2019, is the first network in the Cosmos ecosystem of independent blockchains that connect through the IBC protocol. ATOM is its native asset, used for staking, governance and transaction fees.
Official source: docs.cosmos.network
Safety note: download wallets and apps only from the official site, and beware of unsolicited "support" accounts and fake airdrop sites.
Where does Cosmos Hub trade against the Turkish lira?
- Binance TR
- BtcTurk
- Paribu
On this page 7
ATOM is the native crypto asset of the Cosmos Hub. Cosmos itself is an ecosystem of independent blockchains, each with its own rules, that can exchange data and tokens with one another; its founders describe it as an “internet of blockchains”. The Cosmos Hub, which went live in March 2019, was the first network in that ecosystem. Other chains built with Cosmos tools do not have to use ATOM.
How does Cosmos work?
Cosmos grew out of a 2016 whitepaper by Jae Kwon and Ethan Buchman, and its 2017 token sale was run by the Switzerland-based Interchain Foundation. The ecosystem rests on three building blocks. The Cosmos SDK is a framework that lets developers assemble their own blockchain from ready-made modules. CometBFT, formerly known as Tendermint, is a proof-of-stake consensus engine in which blocks become final within seconds.
The third building block is IBC. Many networks, including Osmosis, dYdX Chain and Celestia, were built with the Cosmos SDK, and a large share of them are connected via IBC. Each has its own validators, token and governance; the Cosmos Hub is just one of them.
What is IBC?
IBC (Inter-Blockchain Communication) is an interoperability protocol for moving tokens and messages between supported chains. It was enabled on the Cosmos Hub with the 2021 Stargate upgrade. Unlike a typical bridge, each chain verifies the other’s state with a light client running on chain; the “relayers” that carry messages never control the funds.
When you send ATOM to Osmosis over IBC, for example, it appears there as a token whose identifier begins with “ibc/”. It can travel back to the Cosmos Hub over the same channel. Copies of the same asset that arrive through different channels can behave like different tokens.
What is ATOM used for?
ATOM’s main job is securing the Cosmos Hub. Holders stake by delegating their coins to validators and earn a share of block rewards. The coins stay in your wallet while delegated, but if a validator double-signs or stays offline for too long, part of the delegated ATOM can be slashed. Unstaking comes with a 21-day unbonding period.
ATOM is also used in governance, where holders vote on parameter changes, software upgrades and community pool spending. Delegators can override their validator’s vote with their own. Since Interchain Security launched in 2023, “consumer” chains such as Neutron have been able to borrow the Cosmos Hub validator set for their own security.
ATOM supply and inflation
ATOM has no fixed maximum supply. New ATOM is minted every block, and the inflation rate moves automatically within a set range depending on whether the share of staked ATOM is below or above a target. Governance can adjust that range. Holders who do not stake see their share of the network diluted over time. In November 2022, the “ATOM 2.0” proposal to overhaul the token’s economics was voted down, and the debate over how ATOM captures value continues.
What are the risks of Cosmos?
Ecosystem growth does not necessarily flow to ATOM, because chains built with the Cosmos SDK use their own tokens. The 21-day unbonding period means you cannot quickly move staked coins during sharp market moves. Liquid staking tokens ease that problem but add smart contract and pricing risk. When choosing a validator, check its commission and track record; stake concentrated in a few large validators increases centralisation risk.
Memos matter when transferring: many exchanges use a shared address and identify ATOM deposits by memo. Sending an ATOM representation from another chain to a platform that only accepts native Cosmos Hub ATOM can also cause problems.
How to read the market data
The price and market cap on this page cover ATOM only, not the many other tokens in the Cosmos ecosystem. Because supply grows every block, track price and circulating ATOM separately when judging changes in market cap. A rising ATOM balance from staking rewards may not mean a gain in dollar terms if the price falls faster. You can compare ATOM with other coins on the markets page.
