What is Polymesh?

Polymesh (POLYX) is an altcoin currently ranked 258th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.0537, Polymesh carries a market capitalization of $64.49M. Daily trading volume across exchanges sits at roughly $2.69M. That works out to a 24-hour turnover of about 4.18% of the float — consistent with healthy market activity for a mid-to-large cap asset.

Price action across timeframes

Over the past 24 hours, Polymesh has moved -3.97%; over the past week, Polymesh has moved ++2.39%; over the past 30 days, Polymesh has moved ++4.27%; over the past year, Polymesh has moved -69.34%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.

Cycle position

Polymesh is currently trading far below its all-time high (all-time high of $0.7550, -92.9% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $0.0379, current pricing represents a +42% recovery.

Supply & dilution

The circulating supply stands at 1,146,174,541 POLYX. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Polymesh in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals +4.27%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Polymesh

A balanced read on POLYX typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is POLYX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Polymesh (POLYX) is a blockchain designed specifically for regulated assets, enabling the issuance, trading, and management of security tokens in a compliant manner. Its focus on compliance helps facilitate a more accessible and efficient market for institutional investors. Source: CoinPaprika.com