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View ChartHarmony (ONE) is an open-source, Layer-1 blockchain platform built to facilitate the creation and use of decentralized applications (DApps). The network is designed around random state sharding, a technique that divides the chain into smaller parts so transactions and data can be processed in parallel, allowing blocks to be produced in seconds. Harmony runs the Ethereum Virtual Machine (EVM), which means Ethereum applications can be deployed on its mainnet with 2-second transaction finality and fees described as 1000 times lower. The native protocol token, ONE, powers the entire economic system: it is used to pay transaction fees, stake for block rewards, and participate in governance. ONE has 18 decimals. Total supply figures reported across sources sit around 15.02 billion to 15.03 billion ONE, with circulating supply similarly cited near 15 billion. Harmony launched its mainnet in June 2019 and began staking in May 2020, and it remains an active EVM-compatible network focused on scalability and DeFi adoption.
Token allocation from total supply includes 22.4% for the initial seed sale, 12.5% for the additional Launchpad sale, 16.9% for the founding team and developers, 26.4% for protocol development, and 21.8% for the remaining allocation. The seed sale raised $18.3 million at $0.0065 per token in May 2018. A node round raised $5,500,000, headed by Binance Labs and HashKey Capital. The Initial Exchange Offering via Binance Launchpad raised $5 million at $0.003175 per token at the end of May 2019.
Harmony was founded in 2017 by Stephen Tse, who serves as Founder and CEO. Dr. Tse holds a Ph.D. from the University of Pennsylvania specializing in cryptographic protocols and type theory, interned as a researcher at Microsoft while finishing his degree, worked as a senior engineer at Google starting in 2006 for four years, founded Spotsetter in 2011 which was later acquired by Apple, and became a principal engineer for Apple in 2014. Co-founders include Rongjian Lan, who presented the Harmony technical whitepaper; Sahil Dewan; and Nick White. Leo Chen is a core team member. The founding team comprises twelve people, seven of whom are former employees of Google, Apple, Microsoft, and Amazon. The co-founders were all infrastructure engineers who previously worked for Google, Amazon, Apple, and Facebook, with experience spanning AI and machine learning, blockchain, VR, and compilers.
Harmony uses Proof of Stake through a mechanism called FBFT (Fast Byzantine Fault Tolerance), a proof-of-staking consensus based on a similar mechanism largely used in academia. On its consensus layer it applies Effective Proof of Stake (EPoS) to enable Sybil resilience. Random state sharding divides the chain into parts that execute transactions and store data in parallel. A Verifiable Random Function (VRF) is used for unbiased and unpredictable shard membership, so nodes and validators are assigned and re-assigned in a randomized manner. Erasure coding keeps the network fast and reliable. Under EPoS, members may stake directly or delegate holdings to an active validator in exchange for block rewards, and the design incentivizes delegation to smaller validators to lessen stake concentration. EPoS also includes incentive compounding, double-sign slashing to keep validators honest, and unavailability checking. The network presently supports a thousand nodes distributed across four shards that work together to generate new blocks every eight seconds with finality, meaning there is no threat of a competing fork. The project intends to create additional shards and support more nodes in the future.
Harmony's core differentiator is its focus on solving blockchain scalability through random state sharding combined with proof of stake. By splitting the chain into shards that process transactions and store data in parallel, Harmony aims to avoid the congestion problems faced by older networks. Its EVM compatibility means developers can bring Ethereum applications to a chain offering 2-second transaction finality and fees described as 1000 times lower. The network's use of a Verifiable Random Function for shard membership, erasure coding for reliability, and Effective Proof of Stake for Sybil resilience reflects an engineering-heavy approach. The project also emphasizes strengthening decentralization to accelerate DeFi adoption, and its Harmony Grants program is designed to support innovation and attract developers to the mainnet. With 640 of its 1,000 nodes maintained by community members, Harmony has cultivated a participatory node community alongside its technical design.
ONE is the native token supporting the monetary flow of the entire Harmony economic system. Users must pay a small transaction fee in ONE to access the network, making it the unit of account for on-chain activity. Token holders can stake ONE on the network in exchange for block rewards, either by staking directly or by delegating holdings to an active validator. ONE also carries voting and governance rights, allowing holders to participate in decisions about the network. More broadly, the token incentivizes and rewards a wide range of participants, including developers, validators and stakers, investors, and community members who build, secure, and govern the network. Harmony leverages blockchain to align the incentives of stakeholders, developers, and businesses while enabling them to construct open markets for fungible and non-fungible tokens and assets.
Harmony is positioned as most beneficial for developing DApps and solutions capable of powering the construction of DApps, providing a highly scalable service with swift and efficient transactions. The project created Effective Proof of Stake on its consensus layer to enable Sybil resilience, and its Harmony Grants program aims to support innovation and attract developers to the mainnet. According to the project's website, Harmony was expected to introduce cross-shard contracts and a cross-chain infrastructure by the end of 2021, and in 2020 the team hoped to achieve cross-border usefulness, decentralized development, and auditable privacy. The network's node footprint reflects an evolving ecosystem: of 1,000 nodes, 640 are maintained by community members, while the Harmony Foundation looks after the remaining nodes without receiving staking payments. The team wants to offer the remaining node slots to the community as the network evolves. The platform focuses on strengthening decentralization to accelerate the ecosystem's DeFi adoption.
Harmony does not use proof-of-work mining. Instead, network security and block production are handled through Proof of Stake via FBFT and Effective Proof of Stake. Participants acquire ONE and either stake it directly or delegate it to an active validator in exchange for block rewards. EPoS includes incentive compounding, double-sign slashing to keep validators honest, and unavailability checking. The design incentivizes users to delegate to smaller validators, aiming to lessen stake concentration. Staking on Harmony began in May 2020. Because rewards depend on validator performance and network conditions, participants should review validator metrics and understand slashing and unavailability rules before committing tokens. Running a node or choosing a reliable validator are the primary ways to participate in securing the network and earning rewards.
Harmony ONE holders should follow standard self-custody practices. Store tokens in a wallet where you control the private keys, and never share seed phrases or private keys with anyone. When staking, verify validator identity and track record, and be aware that EPoS includes double-sign slashing and unavailability checking, so validator misbehavior or downtime can affect returns. Because ONE is an EVM-compatible asset, be cautious when interacting with smart contracts and DApps, and confirm contract addresses before approving transactions. Keep software and wallet firmware up to date, use hardware wallets for significant holdings, and consider splitting assets across multiple wallets to reduce single points of failure. The August 2026 exploit, in which an attacker unauthorizedly minted approximately 4 billion ONE tokens through a consensus-layer bug, illustrates that risks can originate at the protocol level rather than only from user error, so staying informed about network incidents and official communications is part of a sound security routine.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for ONE are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Harmony (ONE) is ₹0.199174. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated ONE to USD rate at the top of BTCC’s price page. In terms of market scope, Harmony records a 24h trading volume of ₹121.257537Cr (reflecting total buying and selling activity over the last 24 hours), with a total market cap of ₹308.442729Cr. Its current circulating supply stands at 1.5KCr out of a maximum supply cap of ∞.
The price volatility of Harmony (ONE) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as RBI or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (1.5KCr) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Harmony (ONE) hit an all-time high (ATH) of ₹36.781404 on 2021-10-26 09:20, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at ₹0.022447 on 2026-08-12 22:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading ONE futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (₹121.257537Cr), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s ONEUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Harmony, simply log into your BTCC account with USDT margin available, navigate to the ONEUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for ONEUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: ₹0.199174), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for ONEUSDT with zero financial risk.
Trading Harmony (ONE) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for ONEUSDT, and review its live price (₹0.199174) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
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