Cosmos
ATOM
Blockchain interoperability network
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.68% | 0.23% | 3.45% | 23.08% | 14.75% | 11.80% |
Comparison
Tokenomics
Token Distribution
Top Holders
| Address | Token | Quantity | 7d | Percentage | Value |
|---|---|---|---|---|---|
| No Data | |||||
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | PPoloniexCEX | ATOM/USDT | $1.96 | $40,373 | $30,357 | $3,639,868 | 17.36% |
| 2 | BBybitCEX | ATOM/USDT | $1.96 | $40,199 | $75,616 | $2,813,530 | 13.42% |
| 3 | ATOM/USD | $1.96 | $114,155 | $218,292 | $1,632,163 | 7.79% | |
| 4 | PPhemexCEX | ATOM/USDT | $1.96 | $91,956 | $88,608 | $1,468,551 | 7.01% |
| 5 | OOKXCEX | ATOM/USDT | $1.96 | $87,609 | $151,870 | $1,264,207 | 6.03% |
| 6 | UUpbitCEX | ATOM/KRW | $1.97 | $43,451 | $35,032 | $945,658 | 4.51% |
| 7 | BBingXCEX | ATOM/USDT | $1.96 | $100,373 | $112,278 | $775,934 | 3.70% |
| 8 | BBitgetCEX | ATOM/USDT | $1.96 | $81,139 | $109,211 | $400,930 | 1.91% |
| 9 | BBithumbCEX | ATOM/KRW | $1.97 | $18,693 | $14,017 | $307,216 | 1.47% |
| 10 | ATOM/USD | $1.96 | $66,244 | $175,718 | $261,215 | 1.25% |
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About Cosmos
Cosmos is a network and toolset of sovereign blockchains for developers and cross-chain applications, built on Tendermint BFT consensus and the Inter-Blockchain Communication (IBC) protocol. It addresses the isolation of standalone chains and the difficulty of moving assets and messages between them, using a light-client relayed cross-chain messaging layer so independent Zones transfer assets and data natively without centralized bridges. The Cosmos Hub supplies Interchain Security and a fee-based shared-security model, while the Cosmos SDK lets teams deploy purpose-built appchains from modular components.
A governance attack on Neutron in September 2026 briefly halted the Cosmos Hub for nearly a day, with validators planning to return the affected ATOM and exposing fragility in governance and shared security. As a modular ecosystem, Cosmos's interoperability advantage comes with uneven Zone security, and ATOM's value capture relies on fees and shared-security revenue rather than inflation, fitting mid-to-large teams that need a custom sovereign chain.
Cosmos began in 2014 when Jae Kwon and Ethan Buchman built on Tendermint consensus; Tendermint Inc followed in 2016, and an April 2017 ICO raised about $17 million in 34 minutes.
The Cosmos Hub launched in March 2019 and IBC went live with the Stargate upgrade in February 2021, establishing sovereign chains plus light-client interoperability; the SDK has since been used by hundreds of networks.
Interchain Security shipped in 2023; in November that year Proposal 848 passed with 41.1% support, capping ATOM inflation at 10% from 20%, which Jae Kwon opposed by forking AtomOne.
Gaia v23 upgraded on March 26, 2025 and IBC Eureka completed the first native Cosmos Hub to Ethereum transfer on March 28, pushing IBC beyond the Cosmos ecosystem.
In 2026 Cosmos Labs pushed the ATOM Reset toward fee and ICS revenue instead of inflation; Gaia v26 added Token Factory, and on June 4 Cosmos acquired Mintscan and formed a Korean subsidiary.
On September 28, 2026 Cosmos linked its tokenization suite to Swift's shared ledger for bank compliance use cases; yet ATOM traded near $1.53 for an $810 million market cap, down more than 90% from $44.
Institutional adoption was the main theme: on October 13, Wells Fargo confirmed its tokenized deposit service uses Cosmos ledger technology; on September 9, Cosmos launched a Partner Network of 17 institutions including BitGo and Galaxy Digital; and in late September it integrated with Swift's blockchain ledger.
On security and governance: Neutron suffered a governance attack in late September, the Cosmos Hub halted for about 24.5 hours before recovering on October 1, and validators plan to return about 1.227 million ATOM; the CosmWasm vulnerability disclosed on September 28 affected but was not exploited on the Hub, with no funds lost.
The ATOM tokenomics redesign is underway: Gauntlet's Phase 2 recommendations (adjusting issuance and shifting toward a fee-based revenue model) are under community review and not yet implemented; a post-quantum security upgrade shipped on October 8. ATOM traded near $1.88 in mid-October.
Cosmos's Hub weekly update of July 23, 2026 reported that the 2026.1 release lifted production throughput from roughly 200 TPS to well over 1,000 TPS, with stack targets of 500 ms blocks and 5,000 TPS. USDC integration proceeds in two steps, a two-click migration in August and a one-click flow in September.
The roadmap process has finished its ecosystem audit and problem phase and converged on three areas: real-world assets, interoperability and payments. IBC v2 connections to Solana and EVM layer-twos are in final audit, with general message passing to follow. Cosmos Labs launched a blockchain fleet management platform in 2026, the SDK now supports native proof-of-authority and post-quantum keys, and more than 150 chains secure over $70 billion of assets, with Figure, Ripple and the 26-central-bank CBWeb3 consortium among users of the stack.
Cosmos's Future strategy and roadmap: After dropping its own EVM and DEX on the Hub in July, Cosmos has recast itself as a service-provider hub: one IBC connection to the Hub reaches every chain it already links, competing with CCIP-style integration that is billed per connection and takes three to four months to schedule, with Swift's tokenised-deposit pilot across 11,000 member banks the clearest institutional case. The revenue shift matters more: Circle's decision to discontinue Noble USDC forces a migration, and USDC TVL on Injective converts directly into ATOM buyback flow, a link written into the token model by the fee-driven buyback and burn passed in August. The risk is that enterprise sales cycles outlast community patience, and delays to IBC on Solana and L2s have already cost trust.
Ethan Buchman, Co-founder, holds a physical science degree from the University of Guelph, was a developer at Eris Industries, co-founded Tendermint as CTO in 2016, later founded Informal Systems and left the council in late 2024.
Biba Homsy, President of the Foundation Council, is a Swiss and Luxembourg lawyer, was Credit Suisse Luxembourg's Chief Compliance Officer and a FINMA official, becoming president in June 2026.
Josh Cincinnati, Vice President of the Council, came up through crypto investing and governance, previously served as president, led the integration of Skip and moved to vice president in June 2026.
Barry Plunkett, Co-CEO of Cosmos Labs, came up in protocol development, co-founded Skip and has been co-CEO since the 2024 ICF consolidation.
Maghnus Mareneck, Co-CEO of Cosmos Labs, came up through cross-chain and MEV research, co-founded Skip and has co-led the operating entity since late 2024.
Jae Kwon, Co-founder (departed), came up through distributed systems and consensus research, proposed Tendermint in 2014, left in 2020 for a separate entity.
Cosmos recently experienced team changes. David Zhou, who served as Operations Partner since December 2024, departed in April 2026. Shortly after, in May 2026, Nico Poggi joined as Chief Business Officer. Poggi brings extensive experience in blockchain business development and marketing, previously holding senior roles at Cosmos-related entities. These shifts signal a strategic focus on expanding Cosmos's commercial partnerships and institutional adoption.