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Polymesh

Polymesh

POLYX
#573
$0.03806Up 0.43 percent($0.00)

Key Stats

Market Cap$14.78MUp 0.43 percent
Volume (24h)$1.04M
Fully Diluted Value$50.23M
Vol/Mkt Cap (24h)7.06%
Total Supply1.32B POLYX
Max Supply∞
Circulating Supply388.23M POLYX
Launch Date2021-10-28

Polymesh Information

Websites
polymesh.networkWhitepaper
Block Explorers
polymesh.subscan.io
Industries
Platform

Polymesh Price Converter

PolymeshPOLYX
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Polymesh Markets

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InstrumentExchangeBenchmark DataPrice24h Change
PolymeshUSDT logo
POLYX-USDT
POLYXUSDT
binance logobinance
AA
0.03830USDT
0.79%
PolymeshUSDT logo
POLYX-USDT
POLYX_USDT
gateio logogateio
A
0.03824USDT
0.84%
PolymeshTRY logo
POLYX-TRY
POLYXTRY
binance logobinance
AA
1.86TRY
1.09%
PolymeshUSDT logo
POLYX-USDT
POLYXUSDT_SPBL
bitget logobitget
BB
0.03827USDT
0.76%
PolymeshUSDT logo
POLYX-USDT
POLYX-USDT
kucoin logokucoin
BB
0.03830USDT
0.79%

About Polymesh

Polymesh (POLYX) is the native token of the Polymesh blockchain, a platform designed for security tokens. POLYX is used for transaction fees, staking, and governance within the ecosystem. Polymesh, tailored for the creation and management of regulated security tokens, addresses regulatory concerns and streamlines compliance processes for businesses in the securities industry. POLYX ensures the network’s security and decentralization. Polymath created Polymesh and POLYX, with the genesis block launched in October 2021 by the Polymesh Association.

Frequently Asked Questions

The Token: Polymesh (POLYX) Polymesh (POLYX) is the native utility token of the Polymesh blockchain, a specialized blockchain platform designed explicitly for security tokens. POLYX is utilized for various purposes within the Polymesh ecosystem, including transaction fees and staking.

The Platform: Polymesh Blockchain Polymesh is a purpose-built blockchain platform tailored for the creation, issuance, management, and transfer of regulated security tokens. Unlike traditional blockchains which often treat security tokens as an afterthought, Polymesh is designed with the nuances and complexities of securities in mind, aiming to address regulatory concerns and streamline compliance processes for businesses in the securities industry.

POLYX is intrinsically tied to the Polymesh blockchain's functioning. It is used to pay for transaction fees, incentivize validators through staking rewards, and participate in governance mechanisms, ensuring the continued security and decentralization of the network.

Polymesh (POLYX) was created by Polymath. The founders of Polymath, the blockchain-based platform for tokenizing and issuing securities, are Trevor Koverko and Chris Housser The genesis block of Polymesh was launched in October 2021 by the Polymesh Association, a not-for-profit entity whose mission is to promote and develop technologies and applications for the Polymesh protocol and ecosystem.