About Polymath
POLY is an ERC-20 token that aims to facilitate the creation and management of security tokens on the Polymath platform. By creating a compliance-focused standard (ST-20) to issue and manage security tokens, Polymath seeks to tokenize traditional and new asset classes.
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Market Stats
Market Cap
$204,545,847.50
FDV
No data
Circulating Supply
924,998,413 POLY
Max Supply
No data
Total Supply
1,000,000,000 POLY
Hold Time
No data
Performance
Popularity
#246
Dominance
0.01%
Volume (24H)
$147,104.81
-0.02%
All time high
$1.66
Additional info about Polymath
Networks and details
The price of Polymath has increased by 1.23% in the last hour and decreased by 2.88% in the past 24 hours. Polymath’s price has also fallen by 2.55% in the past week. The current price is $0.22 per POLY with a 24-hour trading volume of $147.10K. Currently, Polymath is valued at 86.66% below its all time high of $1.66. This all-time high was the highest price paid for Polymath since its launch.
The current circulating supply of Polymath is 924,998,413 POLY which means that Polymath has as total market cap of $204,545,847.50.
Price history
Today | $0.22 | ↘ 2.36% |
1 Day | $0.23 | ↘ 2.88% |
1 Week | $0.23 | ↘ 2.55% |
1 Month | $0.20 | ↗ 11.30% |
1 Year | $0.12 | ↗ 86.85% |
Market details
Performance against other markets | ↗ 9.22% |
Performance against BTC | ↘ 0.41% |
Performance against ETH | ↗ 94.05% |
Performance in the past year | ↗ 87.46% |
FAQ
Polymath (POLY) is a unique cryptocurrency that provides the technology to create, issue, and manage security tokens on the blockchain. It aims to streamline outdated processes and introduce new financial instruments by addressing the challenges associated with public infrastructure, such as identity, compliance, confidentiality, governance, and settlement. Polymath has developed Polymesh, a blockchain designed for regulated assets, to meet the regulatory requirements of capital markets. POLY is the utility token that powers the Polymath Token Studio on Ethereum and is used by issuers for creating and managing security tokens on the platform.
Polymath operates by providing a platform for the creation, issuance, and management of security tokens. It has developed a unified standard for security tokens on Ethereum, known as ERC 1400, and has deployed over 200 tokens using its Ethereum-based solution. Polymath's Polymesh blockchain is designed to meet the regulatory requirements of capital markets, addressing challenges with public infrastructure around identity, compliance, confidentiality, and governance. The platform also offers non-technical users intuitive tools to access the chain's functionality, aiming to enhance capital markets.
Polymath seeks to address the barriers to institutional adoption of security tokens, a market with significant potential. Its Polymesh blockchain is designed specifically for security tokens, providing the crucial elements that issuers, investors, institutions, and regulators require. This includes identity, compliance, confidentiality, and governance. Polymath's platform and the applications built on it aim to offer a different approach compared to general-purpose blockchains when it comes to creating and managing digital securities. The platform's deep functionality combined with user-friendly tools aims to enhance capital markets.
Polymath was founded with the vision of making it easy for anyone to launch a security token. The idea was born out of the challenges faced while trying to tokenize a private fund, which revealed the technical and legal complexities of launching securities on the blockchain. Since its inception, Polymath has grown to include team members and contributors worldwide, with a growing list of over 50 global service providers. After the platform launch, POLY was created to interact with the platform, with almost 100,000 wallets holding POLY and 240,000,000 tokens distributed during launch. The max supply of POLY is 1 billion, with a certain amount currently in circulation.
We update our Polymath to USD currency in real-time. Get the live price of Polymath on Coinbase.
The current market cap of Polymath is $204.55M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polymath is $1.66. This all-time high is highest price paid for Polymath since it was launched.
Over the last 24 hours, the trading volume of Polymath is $147.10K.
Assets that have a similar market cap to Polymath include aixbt by Virtuals, SwftCoin, yearn.finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polymath is 925 million.
Polymath ranks 95 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying Polymath. In other words, 98% of Coinbase customers have increased their net position in Polymath over the past 24 hours through trading.
Social stats
Popularity in posts
#749
Contributors
301
Posts
1,308,545
% About Polymath
0.039%
Hold times
0 days
X (Twitter)
12.92% bullish
Sentiment
4.5 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
301 unique individuals are talking about Polymath and it is ranked #749 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polymath has an average sentiment score of 4.5 out of 5. Finally, Polymath is becoming more newsworthy, with 0 news articles published about Polymath. This is a 0% increase in news volume compared to yesterday.
On Twitter, people are mostly neutral about Polymath. There were 12.92% of tweets with bullish sentiment compared to 0.78% of tweets with a bearish sentiment about Polymath. 86.3% of tweets were neutral about Polymath. These sentiments are based on 511 tweets.
On Reddit, Polymath was mentioned in 0 Reddit posts and there were 0 comments about Polymath. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.