Immutable Logo

Immutable IMX

Immutable header image

1. Summary

Ranks

Liquidity
100
Developer
25
Social
99
Momentum (beta)
95
Stack Rank™
75
Price
52W High price $3.64
52W High date 12th Mar 2024 (9 months ago)
All Time High (ATH) Date 26th Nov 2021 (3 years ago)
ATH Price $9.52
% From ATH -77.05%
All Time Low (ATL) Date 31st Dec 2022 (1 year ago)
ATL Price $0.38
% From ATL 477.81%
Supply & Trading Volume
Trading Volume (24h) $114.66M
Total Supply 2.00B
Max Supply 2.00B
Circulating Supply 1.69B
Description

Immutable X Overview

Immutable X Overview

Immutable X is a Layer-2 solution designed to scale Ethereum's NFT ecosystem. It uses zero-knowledge rollups (zk-Rollups) to abstract transactions and data processing away from the main Ethereum blockchain, addressing high costs and slow speeds on the network. This makes it suitable for applications that require high transaction volumes, such as decentralized gaming and the metaverse.

Scaling NFTs on Ethereum

Immutable X focuses exclusively on NFTs on the Ethereum network, providing a fast, scalable, and trustless method for minting, trading, and transacting NFTs. This ensures that the usability of NFTs on Ethereum is significantly improved.

IMX Token and Tokenomics

The native token of Immutable X is IMX, an ERC-20 utility token that powers the ecosystem. IMX is used for fees, staking, and governance within the network. Fees are generated through a 2% protocol fee on every transaction, which is then distributed to stakers. IMX holders can also participate in governance decisions for the network.

Immutable X's primary revenue source comes from fees.

Key Features

  • Scalability: Immutable X uses zk-Rollups to process transactions off the main Ethereum blockchain, increasing transaction speed and reducing costs.
  • NFT Focus: The platform is exclusively designed for scaling Ethereum-based NFTs, providing a scalable and affordable solution for applications.
  • Utility Token: IMX token is used for various purposes, including fees, staking, and governance.

Overall

Immutable X is a Layer-2 solution that enhances the usability and scalability of NFTs on Ethereum, addressing high costs and slow speeds, making it particularly suitable for decentralized gaming and metaverse applications.

2. Price

IMX

2.1. Market Performance

How does Immutable's (IMX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

101.0%

IMX

50.6%

Similar Market Cap

60 Day Return

39.3%

IMX

35.0%

Similar Market Cap

1 Year Return

52.6%

IMX

198.8%

Similar Market Cap

3. Developer Activity

We're monitoring 39 Immutable GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Immutable Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 1 commits vs. an average of 7
  • Past year: 10 commits vs. an average of 104

Most Active Repos

Past week 6
Past 12 weeks 6
Past year 6
Past week 0
Past 12 weeks 0
Past year 5
Past week 0
Past 12 weeks 0
Past year 2
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 535 developers have contributed to Immutable over the past year. Who are the most active Immutable developers, by commits, over the past year?

Related Projects

Developers working on Immutable also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 23,270
Active Reddit Users (past 24h) 15
Discord users
Active Discord Users
Telegram Users 13,708
Twitter followers 431,717
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.immutable.com
Explorer https://etherscan.io/token/0xf57e7e7c23978c3caec3c...
Twitter @Immutable
reddit /r/ImmutableX
Whitepaper https://support.immutable.com/hc/en-us/articles/4405227590799-Immutable-X-Whitepaper

What is the correct contract address for Immutable?

Ethereum 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff

Has Immutable been audited for security?

No security audits found for this project.

Are you the owner of Immutable? Edit it here

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