Polymesh Logo

Polymesh POLYX

Polymesh header image

1. Summary

Limited data

  • 100% of the Polymesh code repositories are forked (originally copied) from another project.

Ranks

Liquidity
97
Developer
-
Social
75
Momentum (beta)
85
Stack Rankā„¢
-
Price
$0.26 +2.9%
Market Cap
$274.76M (#192)
Supply
1.06B / 1.06B
Price
52W High price $0.65
52W High date 1st Apr 2024 (3 months ago)
All Time High (ATH) Date 31st Mar 2024 (3 months ago)
ATH Price $0.75
% From ATH -35.34%
All Time Low (ATL) Date 11th Sep 2023 (10 months ago)
ATL Price $0.10
% From ATL 384.9%
Supply & Trading Volume
Trading Volume (24h) $10.12M
Total Supply 1.06B
Circulating Supply 1.06B
Description

About Polymesh

About Polymesh

Polymesh is an institutional-grade permissioned blockchain designed specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges around governance, identity, compliance, confidentiality, and settlement. Built on the Substrate framework, Polymesh utilizes a Nominated Proof of Stake Consensus algorithm.

The blockchain is designed to overcome the challenges faced by general-purpose blockchains in the context of regulated assets. Polymesh integrates governance, identity, compliance, confidentiality, and deterministic finality into its core, making it a trustworthy option for issuers, marketplaces, service providers, and token holders.

Key Features

  • Permissioned Network: Polymesh is a public permissioned blockchain that requires all participants to undergo identity verification before participating.
  • Nominated Proof of Stake (NPoS) Consensus: The consensus mechanism ensures security and drives node operators and stakers to work together in the evolution of the chain.
  • POLYX Token: The native token used for transaction fees, governance, and staking.
  • Security Token Platform: Polymesh provides a platform for tokenizing real-world assets, manage portfolios, and supporting custodial options.
  • Confidentiality: The blockchain enables confidential asset issuance and transfers through a secure asset management protocol.
  • Settlement: Polymesh ensures instant settlement without prefunding and offers deterministic finality.
  • Governance: On-chain governance prevents hard forks and allows for seamless upgrades.

Polymesh addresses the complexities of tokenizing regulated assets and caters to the needs of capital markets. Its specialized infrastructure provides confidence in the security and compliance required for these markets.

2. Price

POLYX

2.1. Market Performance

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

30 Day Return

31.8%

POLYX

-4.0%

Similar Market Cap

60 Day Return

-5.7%

POLYX

-9.6%

Similar Market Cap

1 Year Return

280.6%

POLYX

109.4%

Similar Market Cap

3. Developer Activity

We're monitoring 100 Polymesh 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 Polymesh Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

Past week 0
Past 12 weeks 8
Past year 632
Past week 6
Past 12 weeks 27
Past year 493
Past week 9
Past 12 weeks 28
Past year 353
Past week 0
Past 12 weeks 0
Past year 267
Past week 10
Past 12 weeks 30
Past year 215
Past week 9
Past 12 weeks 34
Past year 131

Top Developers 2024

In total, 262 developers have contributed to Polymesh over the past year. Who are the most active Polymesh developers, by commits, over the past year?

Related Projects

Developers working on Polymesh 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 8,590
Active Reddit Users (past 24h) 5
Discord users 3,358
Active Discord Users 143
Telegram Users
Twitter followers 20,482
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://polymesh.network/
Explorer https://polymesh.subscan.io/
Twitter @PolymeshNetwork
reddit /r/PolymathNetwork

Has Polymesh been audited for security?

No security audits found for this project.

Are you the owner of Polymesh? Edit it here

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