What is Polymesh (POLYX)

Learned by 2.5k usersPublished on 2024.03.29Last updated on 2025.07.02

0.06

+1.52%

  • Last Price0.06
  • Turnover (24h)2.17M
  • All-Time High0.74
  • Total Supply1.22B
  • Fully Diluted Market Cap73.89M
  • Ranking528
  • Market Cap23.03M
  • All-Time Low0.05
  • Circulating Supply382.00M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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1. Project Introduction
Polymesh is an institutional-grade permissioned blockchain purpose-built for regulated assets. It addresses key challenges such as identity, governance, compliance, confidentiality, and settlement, streamlining outdated infrastructure while enabling innovative financial products. Inspired by the ERC-1400 standard, Polymesh enhances it with native features tailored for real-world asset (RWA) tokenization. As a vertical public chain in the RWA sector, it provides essential infrastructure for compliant asset tokenization across enterprises and institutions.
2. Team & Investment Info
Polymesh is developed and maintained by Polymath, founded in 2017 and headquartered in Toronto, Canada.
Key team members include:
Graeme Moore – Co-founder & Head of Tokenization
Adam Dossa – Head of Blockchain; former CTO of Polymath and ex-Morgan Stanley executive
Trevor Koverko – Co-founder of Polymesh, Polymath, and Tokens.com
Funding: No direct funding for Polymesh disclosed. Polymath raised $59M via ICO.
3. Social Media URLs
X: https://x.com/PolymeshNetwork
Discord: https://discord.com/invite/Z9MAUtYaG7
Reddit: https://www.reddit.com/r/PolymathNetwork/
YouTube: https://www.youtube.com/c/PolymeshNetwork
4. Token Info
Token Symbol: POLYX
Total Supply: 1,107,269,984.12
Token Type: Polymesh Mainnet
Issuance/Burn Mechanism: Inflationary
Block Explorer: https://polymesh.subscan.io/
Token Distribution:
Annual inflation: up to 14% until total supply reaches 1B
Afterward: fixed 140M POLYX/year for block rewards
5. Related Links
Official Website: https://polymesh.network/
White Paper: https://assets.polymesh.network/Whitepaper.pdf
LinkedIn: https://www.linkedin.com/company/polymeshnetwork/
Other Info: https://www.rootdata.com/Projects/detail/Polymesh?k=NzY3NQ%3D%3D

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