Wrapped Fantom - Frequently Asked Questions

Question 1

What is Wrapped Fantom?

Sharpe Labs · Accepted Answer

What is the project about? axlUSDC is a wrapped, multi-chain representation of USDC, a dollar stablecoin. For each unit of axlUSDC, there is a unit of USDC locked in an Axelar Gateway on Ethereum. axlUSDC is secured by a dynamic validator set running delegated Proof-of-Stake, which holds key shares in the Axelar Gateways via multi-party cryptography. Acquire axlUSDC in three ways: Swap via liquid pairs on any of the DEXs listed here. Swap via Squid, a cross-chain liquidity router built on Axelar. Mint via Satellite, a cross-chain bridge built by Axelar What can your token be used for? USDC is the ticker for USD Coin. It's a stablecoin, pegged to the US dollar, issued by Circle, a US company. So, what is axlUSDC, why do we need it, and how can you get it? This post will briefly explain. USDC is issued on Ethereum – but dApps and users in other ecosystems also value the stablecoin's properties. Many of them use axlUSDC, a wrapped version of USDC that can travel between chains, as a multi-chain stablecoin. In brief, axlUSDC is generated via cross-chain bridges. These dApps accept a deposit of USDC at an Axelar Gateway on Ethereum, and mint an equivalent amount of axlUSDC on the destination chain (minus fees). Two key points to understand what axlUSDC is and how it can be used: For every unit of axlUSDC, there is a unit of USDC locked in a Gateway on Ethereum. Once minted, axlUSDC can flow from chain to chain, without going back through Ethereum. Gateway addresses on various EVM chains and the token addresses of axlUSDC on various chains are listed in the Axelar docs, here. Wrapped Fantom operates on the Fantom blockchain network. For more information, visit the official Wrapped Fantom website at https://axelar.network/

Question 2

What is the current price of Wrapped Fantom?

Sharpe Labs · Accepted Answer

The current Wrapped Fantom price today is $0.2706 USD. The Wrapped Fantom (WFTM) price has increased by +0.51% over the last 24 hours. The real-time Wrapped Fantom price is up and updated live based on trading data from decentralized exchanges. You can track WFTM price movements to make informed trading decisions.

Question 3

Where can I track Wrapped Fantom price?

Sharpe Labs · Accepted Answer

You can track Wrapped Fantom (WFTM) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/fantom/wrapped-fantom. Our platform provides live Wrapped Fantom price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and WFTM holder analytics. The Wrapped Fantom price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track WFTM price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Wrapped Fantom transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Wrapped Fantom price with professional-grade analytics and real-time market data.

Question 4

How many holders does Wrapped Fantom have?

Sharpe Labs · Accepted Answer

Wrapped Fantom currently has 44,142 token holders on the Fantom blockchain network. The Wrapped Fantom holder count represents unique wallet addresses that actively hold WFTM tokens. The number of Wrapped Fantom (WFTM) holders is regularly updated and reflects the size and growth of the Wrapped Fantom community. More holders typically indicate stronger adoption and community support for Wrapped Fantom. Join the Wrapped Fantom community: Twitter: https://twitter.com/axelarcore, Telegram: https://telegram.me/axelarcommunity, Discord: https://discord.com/invite/axelar

Question 5

What is the circulating supply of Wrapped Fantom?

Sharpe Labs · Accepted Answer

The Wrapped Fantom circulating supply is currently 33,069,750 WFTM tokens. The total Wrapped Fantom supply is 33,069,752 WFTM tokens. As of now, 100.0% of the total WFTM supply is in active circulation, meaning most of the total supply is available for trading. Wrapped Fantom (WFTM) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Wrapped Fantom directly impacts the token's market value and price dynamics.

Question 6

How to buy Wrapped Fantom?

Sharpe Labs · Accepted Answer

To buy Wrapped Fantom (WFTM) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Wrapped Fantom page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Wrapped Fantom price and allow you to enter the amount of WFTM you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Wrapped Fantom. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track WFTM price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Wrapped Fantom.

Question 7

How to sell Wrapped Fantom?

Sharpe Labs · Accepted Answer

To sell Wrapped Fantom (WFTM) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Wrapped Fantom page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your WFTM tokens. Once your wallet is connected, the interface will display your current Wrapped Fantom balance and allow you to enter the amount of WFTM you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Wrapped Fantom for other tokens like USDT or USDC. Review the current Wrapped Fantom price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell WFTM for maximum returns.

Question 8

Is Wrapped Fantom a good investment?

Sharpe Labs · Accepted Answer

Whether Wrapped Fantom (WFTM) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Wrapped Fantom currently has 44,142 holders, which indicates the level of community adoption. Before investing in Wrapped Fantom, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze WFTM tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Wrapped Fantom whitepaper and use case to understand the project's value proposition. 4) Monitor WFTM price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Fantom blockchain explorer for contract verification and transaction history. 6) Assess Wrapped Fantom community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Wrapped Fantom price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Wrapped Fantom performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view Wrapped Fantom transactions?

Sharpe Labs · Accepted Answer

You can view Wrapped Fantom (WFTM) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Wrapped Fantom buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each WFTM transaction shows the exact price at which the trade occurred, allowing you to analyze Wrapped Fantom trading patterns and market activity. You can filter Wrapped Fantom transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any WFTM transaction to view complete details on the blockchain explorer. Monitor Wrapped Fantom transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for WFTM token.

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