BMC ID 1133

Lumen (LMN) Price, Tokenomics, Uses & Risks

Price $0.004509 As of 37m ago
BMC 24h Volume$4.576774
Markets1
Exchanges1
Last Updated37m ago
Source Count1
Statuslive

Verified Networks and Contract Addresses

Lumen (LMN) at a Glance

Lumen is the native LMN coin of a Cosmos SDK blockchain that supports a decentralized web stack combining a desktop browser, IPFS content gateways, onchain domain registration and network-service settlement.

Bounties

No active bounties.

Markets

Lumen market sources

Exchange Type Pair BMC ID Quote Price Price USD 24h Volume Last Updated Status Market
Tokpie CEX LMN/USDT 1133 USDT 0.00450937 $0.004509 $4.576774 37m ago ok Open

About Lumen (LMN)

What Is Lumen (LMN)?

Lumen connects a desktop browser, IPFS-based content delivery and a dedicated blockchain. The browser is the user-facing part of the project, while gateways provide access to distributed content and the chain coordinates network services. LMN is the native coin of this Lumen network; it is not Stellar's XLM and is not an Ethereum or BNB Smart Chain token.

Lumen Native Network and LMN Units

Lumen's developer guide identifies its chain ID as lumen, its address prefix as lmn, and its smallest denomination as ulmn. One LMN equals one million ulmn, giving the coin six decimal places. Native LMN has no ERC-20 contract address. Transfers require a compatible Lumen destination and supported wallet or exchange network.

Lumen Blockchain Services

The open-source chain uses the Cosmos SDK. Its application modules cover domain registration through auctions, gateway agreements and settlement, software-release publication and verification, and governance. The code also implements a Dilithium-based signature requirement alongside its conventional account-signing system. These are documented design features, not a guarantee that software is free of vulnerabilities.

The project whitepaper describes staking and delegation for network security, with LMN issuance scheduled to decrease through halvings. Its stated cumulative issuance cap is 63,072,000 LMN. A cap is different from the amount currently issued or available for trading. Network rules can also include fixed anti-spam charges even though the design does not use a conventional gas-price auction.

Lumen Trading on Tokpie

Tokpie provides an LMN/USDT spot market. Its public ticker reports the most recent trade and rolling 24-hour volume for this pair. A latest-trade price can differ substantially from the current bid or ask, particularly when trading is infrequent. Reported turnover measures completed trades, not the depth available to execute a new order.

Lumen Risks And Practical Considerations

Lumen combines several developing components, so browser compatibility, gateway availability, validator operation and software maintenance all matter. Exchange custody and a narrow market can add withdrawal, spread and slippage risks. Confirm that deposits and withdrawals support native LMN on Lumen rather than a similarly named asset. This explanation is informational, not an instruction to trade or a guarantee of the network's security, availability or future value.

Frequently Asked Questions About Lumen

Is LMN a token with a contract address?

No. This listing represents the native coin of Lumen, identified by chain ID lumen and base denomination ulmn.

How many decimals does LMN use?

Six: one LMN corresponds to 1,000,000 ulmn.

Is Lumen the same as Stellar lumens?

No. This project's ticker is LMN, whereas Stellar uses XLM.

Which market is shown here?

Tokpie's LMN/USDT spot pair.

Sources and Verification

Verified Last reviewed:

API

GET https://api.bountymarketcap.com/v1/assets/quotes/latest?id=1133&convert=USD