Onomy Protocol Price

Onomy Protocol is a cryptocurrency launched in 2020 as the native token of the Onomy Network, an application-specific layer-1 blockchain built on the Cosmos SDK. NOM serves multiple functions within the Onomy ecosystem: 1. Network security: Used for Proof-of-Stake consensus and validator rewards 2. Governance: Enables holders to participate in protocol decision-making 3. Utility: Pays for Arc bridging fees and serves as collateral for stablecoins Key facts about Onomy Protocol: - Current price: $0.002414 - 24h change: +1.18% - Market cap: $325.12K - Circulating supply: 134.63M NOM - Total supply: 169.67M NOM - All-time high: $1.29 (April 25, 2023) - All-time low: $0.0003007 (June 13, 2025) Onomy Protocol aims to promote interoperability between different blockchain ecosystems through its Arc Hub. The token's utility and the Onomy Network's focus on cross-chain communication position it as a potentially significant player in the evolving DeFi and interoperability landscape.

Onomy Protocol was created on December 31, 2020. The project launched its native token NOM on this date, marking the beginning of the Onomy Protocol ecosystem. Since then, Onomy Protocol has been actively developing its blockchain infrastructure and decentralized finance solutions built on the Cosmos SDK. The launch in late 2020 positioned Onomy Protocol to participate in the growing DeFi and cross-chain interoperability trends that gained momentum in 2021 and beyond.

The founders of Onomy Protocol are Lalo Bazzi and Manon Levy. They established the project in 2020 with the goal of creating a decentralized financial ecosystem that bridges traditional and digital finance. Bazzi serves as the CEO, bringing extensive experience in blockchain technology and financial markets. Levy, as the COO, contributes her expertise in business development and strategic partnerships. Together, they lead the development of NOM's innovative protocol, which aims to provide seamless cross-chain interoperability and decentralized exchange capabilities within the Cosmos ecosystem. Their vision for Onomy Protocol includes creating a more inclusive and efficient global financial system through blockchain technology.

Onomy Protocol works as a native token on the Onomy Network, a layer-1 blockchain built on Cosmos SDK. It serves multiple functions: 1. Network security: NOM is used in the Proof-of-Stake consensus mechanism to secure the network. 2. Staking rewards: Holders can earn rewards by staking NOM or becoming network validators. 3. Governance: NOM holders can participate in protocol governance decisions. 4. Transaction fees: NOM is used to pay fees for transactions and Arc bridging. 5. Collateral: NOM can be used as collateral for stablecoins on the platform. The Onomy Network utilizes Inter-Blockchain Communication (IBC) to connect with other Cosmos chains. Additionally, its Arc Hub integrates various blockchain ecosystems, promoting interoperability and a unified user experience across different networks. As of 2025-06-28, NOM is trading at $0.002414 with a 24-hour trading volume of $82.38K. The current market cap stands at $325.12K, ranking 3895 among all cryptocurrencies.

Onomy Protocol is built on a Layer 1 blockchain using the Cosmos SDK. Its technical architecture includes: - Proof-of-Stake consensus mechanism for network security - Cross-chain interoperability via IBC (Inter-Blockchain Communication) protocol - Arc Hub for integrating with other blockchain ecosystems - Native NOM token used for staking, governance, fees, and collateral - Support for building decentralized applications (dApps) - Scalable infrastructure to handle high transaction throughput - Smart contract functionality - Built-in DEX and stablecoin capabilities This architecture allows Onomy Protocol to offer fast transactions, low fees, and seamless cross-chain asset transfers while maintaining security and decentralization. The use of Cosmos SDK provides a modular framework that can be easily upgraded and expanded as the network grows.

Onomy Protocol has an ambitious roadmap for the future. Key milestones include: • 2025: Expanding cross-chain integrations and launching new DeFi products on the Onomy Network • 2026: Implementing major protocol upgrades to enhance scalability and transaction throughput • 2027: Rolling out advanced governance features and expanding the validator network globally • 2030: Aiming to become a top 50 cryptocurrency by market cap, targeting a price of $0.004413 • 2035: Establishing Onomy Protocol as a leading decentralized financial infrastructure, with a projected price of $0.007769 The team is focused on continuous development, partnerships, and community growth to drive adoption. With its unique hybrid blockchain model and cross-chain capabilities, Onomy Protocol is well-positioned for long-term success in the evolving crypto ecosystem.