Fantom

Fantom is a highly scalable, open-source smart contract platform built on a directed acyclic graph (DAG) architecture. Its proprietary Lachesis consensus mechanism delivers asynchronous Byzantine Fault Tolerant (aBFT) finality, enabling transactions to confirm in approximately one second with near-zero fees. Fantom is fully EVM-compatible, allowing developers to deploy Ethereum-based applications without modification. The ecosystem hosts hundreds of DeFi, NFT, and GameFi decentralized applications, with over 2,200 smart contracts deployed on its Opera mainnet. The Fantom Foundation, a nonprofit, supports ecosystem growth through developer tooling, gas monetization programs (dApps earn 15% of gas fees generated), bridge infrastructure via LayerZero and Squid Router, and a grant program. Founded in 2018 and headquartered in the Cayman Islands, Fantom raised approximately $40 million across two early funding rounds and has positioned itself as a high-throughput alternative to Ethereum for enterprise and consumer DeFi applications.