Harmony’s open, distributed network is enabled through the use of the native protocol token - Harmony ONE. In practice, the token incentivizes and rewards a variety of participants including developers, validators/stakers, investors, and community members who develop, secure and govern the network.
In practice, in order to use the network, users pay a small transaction fee denominated in the native Harmony token. Harmony’s scalable, high-throughput protocol is powered by a native token which is used for various forms of payment and participation in the protocol (staking, transaction fees, voting & protocol governance). Latest snapshot shows market cap near $32,453,740, 24h volume around $3,724,198, 24h change up 3.62%. DexBrief is currently monitoring a live market route on Solana. DexBrief is currently blending 2 public market feeds for this market snapshot.
Project references place Harmony on the Harmony network. Market data providers usually group Harmony with Smart Contract Platform, Layer 1 (L1), and Harmony Ecosystem. Research links also include a whitepaper or docs reference and open-source code links for deeper verification.