Polymesh POLYX
1. Summary
Limited data
- 100% of the Polymesh code repositories are forked (originally copied) from another project.
- Price
-
$0.27 +2.8%
- Market Cap
- $289.26M (#194)
- Supply
- 1.06B / 1.06B
- Description
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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.
| 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) | $12.95M |
| Total Supply | 1.06B |
| Circulating Supply | 1.06B |
POLYX
How does Polymesh's (POLYX) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
31.8%
POLYX
1.7%
Similar Market Cap
60 Day Return
-5.7%
POLYX
3.9%
Similar Market Cap
1 Year Return
280.6%
POLYX
73.7%
Similar Market Cap
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.
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 | 3,450 |
| Active Discord Users | 157 |
| Telegram Users | |
| Twitter followers | 20,482 |
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polymesh.network/blog/enhancing-security-and-compliance-the-role-of-permissioned-blockchai... Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/amirreza-sarencheh-cryptography-and-blockchain-architect Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/demystifying-permissioned-blockchains-how-polymesh-sets-the-standard Official
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polymesh.network/blog/decentralization-through-polymesh-node-operators Official
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polymesh.network/blog/decentralization-through-polymesh-node-operators Official
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polymesh.network/blog/decentralization-through-polymesh-node-operators Official
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/ |
| @PolymeshNetwork | |
| /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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