POLYX

#489

Polymesh

Networks+1 · Layer-1+1

POLYX#489

Mcap$41.74M

$0.03132.51%

Overview Monitoring Markets News More

Spot Volume (24H)

$2.06M+47.39%

Marketcap

$41.74M

FDV

$41.74M

Mindshare

Very Low

Circ. Supply

1.3B

Max Supply

Mcap/FDV

100%

Total Supply

1.3B

Sector Ranking

#112

Futures Volume

$39.97M

Open Interest

$2.64M

Volatility (30D)

51.39%

POLYX is the native utility token for the Polymesh network, a permissioned blockchain built for regulated assets. The POLYX token is used for network operations such as paying transaction fees, signalling on governance proposals, and staking on node operators.

Sector

Networks

Sector Rank

#112, #131

Sub-Sector

Layer-1

Sub-Sector Rank

#78, #11

API ID

Governance

Social

Resources

Block Explorer

Chris Housser

Co-Founder

Trevor Koverko

Co-Founder, SapienAI

Graeme Moore

Co-Founder & Head of Tokenization

1Y Price Performance -62.28%

All Time High

$0.745-95.74%

Mar 31, 2024

Cycle Low

$0.0277+14.64%

Aug 18, 2026

First Trade

Aug 15, 2022 on

HTX

POLYX Chart

All Charts

$0.0313

26.53% Past Month

Price

$0.031326.53%

Mindshare

0.00012%101.43%

POLYX

More Charts

Spot Volume (24H)

$2.06M+47.39%

Marketcap

$41.74M

Mindshare

Very Low

All News

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Last Updated: Oct-29-2026 8:35 UTC

Polymesh Project Update

Currently Interesting

There were no significant developments for Polymesh in the past 7 days, so this section is not displayed.

Get Caught Up

AlphaPoint Integration Goes Live. As of late October 2025, AlphaPoint announced that POLYX and Polymesh native assets are now live on its digital asset infrastructure platform, enabling exchanges and Real-World Asset (RWA) platforms to issue, list, trade, and manage POLYX and Polymesh-based tokens, including security tokens and RWAs 1. The integration supports POLYX deposits, withdrawals, custody, yield, and governance, and leverages Polymesh's built-in compliance, identity, and governance features to give institutional participants easier access to regulated asset tokenization 1. This matters because it expands end-to-end functionality for institutions handling regulated digital assets, building on a strategic partnership first announced in August 2024 1.

Confidential Assets Debut on DevNet. Polymesh introduced Confidential Assets, powered by the new P-DART (Polymesh-DART) framework, which debuted on the Polymesh DevNet for early testing 2 3. P-DART, developed by researchers from Polymesh Labs and the University of Edinburgh, extends the DART protocol to enable private tokenization and settlement using zero-knowledge proofs (cryptographic methods that validate transactions without revealing underlying data), a dual oversight model with auditors and mediators, and a proof-of-balance protocol 2 3. This addresses a key hurdle for institutional adoption by allowing private, regulated settlements for use cases like tokenized debt and repo trades while preserving Polymesh's identity and compliance guarantees 3.

BDACS Ideathon in Busan. Polymesh co-hosted the BDACS 1 Day Ideathon in Busan, South Korea, on October 26, 2025, an event focused on practical institutional and retail blockchain use cases rather than a coding competition 4. Over 200 participants collaborated on industry-ready projects, with the Grand Prize going to "Triangle" for a solution automating trade finance review using Polymesh for compliant record-keeping 5. The event, which also featured partners like Avalanche, GK8, and Woori Bank, reinforced Polymesh's commitment to the Korean market following its sponsorship of Korea Blockchain Week 2025 4 5.

Biggest Stories of 2025

AlphaPoint Integration Live: AlphaPoint announced that POLYX and Polymesh native assets are now live on its platform, enabling exchanges and RWA platforms to issue, list, trade, and manage Polymesh-based tokens with full compliance, identity, and governance support 1. (October 21, 2025)
Confidential Assets Introduced on DevNet: Polymesh introduced Confidential Assets powered by the P-DART framework, debuting on the DevNet for early testing of private, compliance-ready tokenization and settlement 2 3. (October 15, 2025)
BDACS Ideathon Co-Hosted in Busan: Polymesh announced it would co-host the BDACS 1 Day Ideathon in Busan, South Korea, on October 26, 2025, focusing on feasible institutional and retail use cases in custody, tokenization, stablecoins, and Bitcoin spot ETFs 4. (October 7, 2025)
Korean Wallet and Staking Guide Released: Polymesh released a step-by-step guide localized in Korean to help users set up a wallet, deposit POLYX, and begin staking, covering both beginner steps and advanced concepts like Decentralized Identifiers (DIDs) and slashing 6. (September 4, 2025)
Korea Blockchain Week 2025 Sponsorship: Polymesh became an official sponsor of Korea Blockchain Week 2025 in Seoul, boosting visibility in the strategic Korean market, with partner BDACS co-sponsoring the Institutional Stage 7. (September 3, 2025)
v7.3 Mainnet Upgrade: Polymesh upgraded to v7.3, relaxing identity requirements for basic POLYX transfers and staking (no longer requiring a DID or CDD claim), adding "instruction locking" for settlement, and improving the Polymesh Portal with a "Get POLYX" purchasing link and a new Asset Manager page 8 9. (July 28, 2025)
v7.3.0 Software Release: The v7.3.0 release removed CDD checks for transferring POLYX and for nominators in the Staking pallet, moved CDD checks to key permissions, allowed Multisig call subsidization, and fixed STO support for offchain receipts 10. (July 18, 2025)
v3.0 Whitepaper Published: Polymesh Labs published v3.0 of the Polymesh whitepaper, outlining a public permissioned Layer 1 blockchain purpose-built for tokenizing regulated and real-world assets, structured around governance, identity, compliance, confidentiality, and settlement 11. (July 9, 2025)
GK8 Partnership: The Polymesh Association announced a partnership with GK8, a self-custody technology provider, enabling institutions to store and stake POLYX while maintaining full control over their assets and adhering to regulatory and compliance requirements 12. (June 12, 2025)
Polymath Acquisition of Polymesh Assets: Polymath, through its subsidiary Polymesh Labs, agreed to acquire specific assets and liabilities from the Polymesh Association, including POLYX tokens, as part of a strategic initiative ahead of its planned public listing with AnalytixInsight 13. (May 13, 2025)
BitGo Partnership: Polymesh announced a partnership with BitGo to support its RWA tokenization strategy, establishing Polymesh as BitGo's first purpose-built Layer 1 blockchain selected for this use case, with two issuance platforms committing to use BitGo on Polymesh 14. (April 9, 2025)
v7.2.0 Software Release: The v7.2.0 release introduced PIP pruning and refunds, added the initiate_corporate_action_and_ballot extrinsic, and allowed NFT and Staking calls to be subsidized 15. (March 26, 2025)
v7.1.0 Software Release: The v7.1.0 release included a data migration to unlink AssetId and Ticker for reserved tickers, updates to portfolio permission event emissions, and modifications to identity key management 16. (January 16, 2025)