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Fantom is now one of the top 25 cryptocurrencies in terms of market capitalisation.
According to Coingecko, the native token of Fantom has grown 15,000 percent in the last 12 months at the time of this press. This is due to Fantom's proprietary "Directed Acyclic Graph" (DAG) technology, which enables highly scalable, near-instant transactions at virtually no cost.
As a result, the more than 50 fantom-tokens have grown significantly. Some tokens, on the other hand, are very cheap and have a lot of growth potential. As a result, in this press, you will learn about the Top 5 Fantom Low Cap Altcoins to add to your portfolio.
1. SpiritSwap
The SpiritSwap protocol provides incentives for Fantom network participants by incorporating income sharing via the old AMM paradigm. Users can trade, stake, and farm on the platform.
In addition, the following are included in this protocol:
* Bridges: Exchange fantom-tokens for Ethereum, BSC, Polygon, Arbitrum, and Avalanche.
* Lend or Borrow: You can lend and borrow various tokens with up to 3.3 percent and 6.7 percent APY, respectively.
According to DeFillama, the Total Value Locked (TVL) in this protocol is $342 million, and its native token, $SPIRIT, has increased 1,400% in the last 6 months and is currently trading at $0.30.
2. Beethoven X
Beethoven X was the first AMM protocol to include Fantom. Balancer V2 was used to create this decentralised investment platform. This protocol focuses on three types of profiles:
* Investors: Investors can create a one-of-a-kind crypto index fund that includes any digital assets they desire.
* Traders: Balancer V2 facilitates efficient trading by aggregating crowdsourced liquidity from investor portfolios.
* Protocols: Instead of single staking, crypto businesses can use an 80/20 BPT to launch tokens in the most equitable way possible, capturing market volatility with little temporary loss.
BEETS tokens can be found in its liquidity pools at very high yields of up to 156 percent. You can also stake up to 144.30 percent in fBEETS tokens in its stake section.
According to DeFillama, its Total Value Locked (TVL) is $270 million, and its native token, $BEETS, has increased by 450 percent in the last month, with a price of $0.89.
3. LIquid Driver
Liquid Driver is a decentralised platform that facilitates liquidity throughout the Fantom ecosystem. The following features are available on the platform:
* Farm: You can earn $LQDR by staking LP tokens from other platforms such as SpiritSwap, SpookySwap, or Beethoven X.
* Earn Lock-Rewards: You can lock your $LQDR tokens and receive $xLQDR tokens, making you eligible for daily vault rewards.
* Earn Fees: You can earn fees from SpiritSwap by acquiring $linSPIRIT tokens, which are the wrapped version of $inSpirit.
You can also vote on the governance proposals included in this protocol. The Total Value Locked (TVL) is $208 million, according to DeFillama. Finally, the price of its native token, $LQDR, is $44, up 1,700% in the last 30 days.
4. HectorDAO
HectorDAO has collateralised and supported the $HEC token-based decentralised protocol. The reserve currency on Fantom will be $HEC, which will use an algorithmic reserve currency mechanism to ensure price stability. This token will also be backed by other decentralised assets.
HectorDAO has $113 million in TVL, according to DeFillama, and the price of $HEC is currently $61.14.
5. FantOHM
FantOHM DAO is an innovative multi-chain decentralised Reserve that aims to overcome inflation and traditional finance's limitations. Meanwhile, the protocol provides a steady stream of income to its investors.
This decentralised platform, which was the first of its kind, was launched on the Fantom blockchain in October 2021. It was also launched in the MoonRiver parachain two weeks later. Furthermore, its reserve protocol allows users to hold a mix of tokens such as MIM, DAO, and USDCD, among others.
HectorDAO has $25 million in TVL, according to DeFillama, and the price of $FHM is currently $126.88.
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By Crypto PiratesFantom is now one of the top 25 cryptocurrencies in terms of market capitalisation.
According to Coingecko, the native token of Fantom has grown 15,000 percent in the last 12 months at the time of this press. This is due to Fantom's proprietary "Directed Acyclic Graph" (DAG) technology, which enables highly scalable, near-instant transactions at virtually no cost.
As a result, the more than 50 fantom-tokens have grown significantly. Some tokens, on the other hand, are very cheap and have a lot of growth potential. As a result, in this press, you will learn about the Top 5 Fantom Low Cap Altcoins to add to your portfolio.
1. SpiritSwap
The SpiritSwap protocol provides incentives for Fantom network participants by incorporating income sharing via the old AMM paradigm. Users can trade, stake, and farm on the platform.
In addition, the following are included in this protocol:
* Bridges: Exchange fantom-tokens for Ethereum, BSC, Polygon, Arbitrum, and Avalanche.
* Lend or Borrow: You can lend and borrow various tokens with up to 3.3 percent and 6.7 percent APY, respectively.
According to DeFillama, the Total Value Locked (TVL) in this protocol is $342 million, and its native token, $SPIRIT, has increased 1,400% in the last 6 months and is currently trading at $0.30.
2. Beethoven X
Beethoven X was the first AMM protocol to include Fantom. Balancer V2 was used to create this decentralised investment platform. This protocol focuses on three types of profiles:
* Investors: Investors can create a one-of-a-kind crypto index fund that includes any digital assets they desire.
* Traders: Balancer V2 facilitates efficient trading by aggregating crowdsourced liquidity from investor portfolios.
* Protocols: Instead of single staking, crypto businesses can use an 80/20 BPT to launch tokens in the most equitable way possible, capturing market volatility with little temporary loss.
BEETS tokens can be found in its liquidity pools at very high yields of up to 156 percent. You can also stake up to 144.30 percent in fBEETS tokens in its stake section.
According to DeFillama, its Total Value Locked (TVL) is $270 million, and its native token, $BEETS, has increased by 450 percent in the last month, with a price of $0.89.
3. LIquid Driver
Liquid Driver is a decentralised platform that facilitates liquidity throughout the Fantom ecosystem. The following features are available on the platform:
* Farm: You can earn $LQDR by staking LP tokens from other platforms such as SpiritSwap, SpookySwap, or Beethoven X.
* Earn Lock-Rewards: You can lock your $LQDR tokens and receive $xLQDR tokens, making you eligible for daily vault rewards.
* Earn Fees: You can earn fees from SpiritSwap by acquiring $linSPIRIT tokens, which are the wrapped version of $inSpirit.
You can also vote on the governance proposals included in this protocol. The Total Value Locked (TVL) is $208 million, according to DeFillama. Finally, the price of its native token, $LQDR, is $44, up 1,700% in the last 30 days.
4. HectorDAO
HectorDAO has collateralised and supported the $HEC token-based decentralised protocol. The reserve currency on Fantom will be $HEC, which will use an algorithmic reserve currency mechanism to ensure price stability. This token will also be backed by other decentralised assets.
HectorDAO has $113 million in TVL, according to DeFillama, and the price of $HEC is currently $61.14.
5. FantOHM
FantOHM DAO is an innovative multi-chain decentralised Reserve that aims to overcome inflation and traditional finance's limitations. Meanwhile, the protocol provides a steady stream of income to its investors.
This decentralised platform, which was the first of its kind, was launched on the Fantom blockchain in October 2021. It was also launched in the MoonRiver parachain two weeks later. Furthermore, its reserve protocol allows users to hold a mix of tokens such as MIM, DAO, and USDCD, among others.
HectorDAO has $25 million in TVL, according to DeFillama, and the price of $FHM is currently $126.88.
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