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$170,325
$832,040
$39,097
24,974,296 NOM
20.47%122,000,000 NOM
122,000,000 NOM
Onomy Protocol NOM Onomy Protocol (NOM) Chart
Onomy Protocol (NOM) Return On Investment(ROI)
Onomy Protocol (NOM) Token Price Now
Onomy Protocol price today is $0.00682 with a 24-hour trading volume of $39,097. NOM price is up 0.15% in the last 24 hours. It has a circulating supply of 24.97Mil NOM tokens and a max supply of 122Mil.
In order to search for real-time and historical information about Onomy Protocol (NOM) blockchain, including data related to blocks, transactions, addresses, and more, you may use Onomy Protocol (NOM) block explorers. Here are some of the most popular and useful Onomy Protocol (NOM) blockchain explorers out there:
What Is Onomy Protocol(NOM)?
Onomy Protocol represents an innovative Layer-1 ecosystem designed to harmonize the worlds of Forex and decentralized finance. At its core lies the Onomy Network, a proof-of-stake blockchain constructed using the highly versatile Cosmos SDK framework, and the Arc Bridge Hub affording interoperability with EVM, non-EVM, and IBC chains - all maintained by a distributed network of independent validators located around the globe.
A cornerstone of the Onomy Protocol is its Decentralized Autonomous Organization, or DAO, which empowers contributors to actively manage and shape the Onomy ecosystem's features, products, marketing initiatives, and more - referred to as Onomy Improvement Proposals (OIPs) in the community. Proposals that demonstrate the most promise are directly funded from the on-chain treasury, which is managed by all holders of Onomy's native NOM token.
What Is NOM Token?
The native coin of Onomy Protocol is NOM. NOM is used to secure the network through staking, payment for transaction and bridge fees, and for governance in the Onomy DAO. When NOM holders delegate their NOM to a validator, they are staking. Staking provides rewards in return for supporting the security and operations of a blockchain network.
The Utility of NOM include, Staking, Governance, Collateral, Bridge fee, Buy & Burn from AMM Earnings
How Does Onomy Protocol Work?
Current major Onomy Improvement Proposals(OIPs) in progress include the Onomy Exchange (a hybrid orderbook+AMM DEX) and the Onomy Reserve (decentalized stablecoin issuance).
- The Onomy Exchange (ONEX) is a cross-chain and multi-chain hybrid decentralized exchange (DEX), with a technical architecture that converges Automated Market Maker (AMM) liquidity pools with an orderbook UI.
- A global decentralized reserve bank acts as the ultimate trustless agent that could allow for the supranational effects of the actions of central banks like the Federal Reserve and the Bank of England to be put in the hands of the global crypto economy and unlatched from the nation states that power them. Run by a decentralised organisation that can’t change the systems underpinning the bank at a whim.
Onomy Protocol (NOM) Community
- Twitter: https://twitter.com/onomyprotocol
- Discord: https://discord.gg/27r73syakq
- Reddit: https://reddit.com/r/onomyprotocol
- Medium: https://medium.com/onomy-protocol/
- Telegram 1: https://t.me/onomyprotocol
- Telegram 2: https://t.me/onomyannouncements
Onomy Protocol FAQ
What is the price of Onomy Protocol (NOM) token?
The current Onomy Protocol usd price is $0.00682. We update the Onomy Protocol USD price in real time. Get live prices of Onomy Protocol on different cryptocurrency exchanges around the world on Coincarp.
Is Onomy Protocol (NOM) token a good investment?
It depends on your personal risk tolerance and investment goals. Onomy Protocol is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Onomy Protocol investing, you will also need to understand the Onomy Protocol project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Onomy Protocol investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Onomy Protocol (NOM) token token?
You can buy Onomy Protocol from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Onomy Protocol. Cryptocurrency exchanges that currently support Onomy Protocol trading include:
If there is any error, please feedback to us, our email is [email protected]. Please be aware that buying and selling Onomy Protocol involves high risks.You should always do your own research and make sure you understand the risks associated with Onomy Protocol trading before you begin.
How to short Onomy Protocol (NOM) token?
The easiest way to short Onomy Protocol is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Onomy Protocol, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Onomy Protocol or any other cryptocurrency is high-risk. Exchanges that currently support shorting Onomy Protocol are:
What will Onomy Protocol (NOM) token be worth in 5 years?
It is impossible to predict what Onomy Protocol will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Onomy Protocol's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Onomy Protocol 5 years from now.
NOM Price Statistics
Onomy Protocol Price
$0.00682
Price Change24h
$0.00001021 0.15%
24h Low / 24h High
$0.00655 / $0.0069
Trading Volume 24h
$39,097
Volume/Market cap (24h)
22.95%
Market Dominance
--
Market Cap
$170,325
Fully Diluted Market Cap
$832,040
7d Low / 7d High
$0.00655 / $0.00853
30d Low / 30d High
$0.00655 / $0.00907
90d Low / 90d High
$0.00655 / $0.00907
52 Week Low / 52 Week High
$0.0000000624 / $0.0632
All Time High
$2.5
All Time Low
$0.0000000624
