The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture uses classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work. Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.
While the Cosmos Hub is a multi-asset distributed ledger, there is a special native token called the atom. ATOM have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance.
As a spam prevention mechanism, ATOM are used to pay fees. The fee may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”. Fee distribution is done in-protocol and a protocol specification is described here.
As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network.
Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.
Cosmos Hub turned over $10,835,960 across the venues we index in the last 24 hours, which is 1.37% of its market capitalisation — a figure worth watching, because turnover well above its usual level tends to accompany the sharper moves.
The highest price our index has recorded is $7.45 on Jan 6, 2025, leaving ATOM −79.86% from that peak.
The lowest is $1.22 on Aug 1, 2026, putting the price today +22.65% above that low.
Measured on Coinmico's own index since Dec 31, 2024, not on prices reported by someone else.
Cosmos Hub is valued at $791,179,914, which ranks it #84 among the assets we track. It is the price of one coin multiplied by the 527,116,793 ATOM in circulation.
At today's price, the full supply of 527,123,020 ATOM would be worth $790,881,726. 100.00% of that supply is already circulating, so the rest is what dilution would still add.
Price divergence
Cosmos Hub (ATOM) price has decreased today.
The price of Cosmos Hub (ATOM) is $1.50 today with a 24-hour trading volume of $10,835,960. This represents a 0.70% price decrease in the last 24 hours and a 3.09% price decrease in the past 7 days. With a circulating supply of 527 Million ATOM, Cosmos Hub is valued at a market cap of $791,179,914.
atom$1.50-0.70%
BNB Chain
