What is Immutable (IMX)?

By CMC AI
28 February 2026 03:09AM (UTC+0)
TLDR

Immutable (IMX) is a specialized Ethereum layer-2 blockchain designed to scale NFTs and blockchain gaming, featuring its native IMX token for fees, staking, and governance.

  1. Ethereum Scaling for NFTs – It's a layer-2 solution using zero-knowledge rollups to enable fast, gas-free NFT minting and trading while leveraging Ethereum's security.

  2. Core Utility Token – The IMX token is used to pay protocol fees, stake for rewards, and vote on governance proposals within the ecosystem.

  3. Gaming-Focused Ecosystem – The platform provides the infrastructure for Web3 game developers, supporting titles like Gods Unchained and Guild of Guardians.

Deep Dive

1. Purpose & Value Proposition

Immutable was created to solve Ethereum's core limitations for NFTs and gaming: high gas fees, slow transaction speeds, and poor user experience. By moving transactions off the main Ethereum chain, it allows developers to build games with seamless, cost-free digital asset ownership for players. This focus makes it a dedicated infrastructure layer for the growing Web3 gaming sector.

2. Technology & Architecture

The platform operates as a ZK-rollup, a type of layer-2 scaling technology. It bundles thousands of transactions into a single cryptographic proof, which is then posted to Ethereum. This process, often using ZK-STARK proofs, ensures the security of the mainnet while enabling high throughput—reportedly over 9,000 transactions per second—and eliminating gas fees for users. Its evolution includes the merged Immutable zkEVM, which offers Ethereum Virtual Machine compatibility for developers.

3. Tokenomics & Utility

The IMX token has a fixed maximum supply of 2 billion. Its primary utilities are transactional, staking, and governance. A key protocol rule is that 20% of every transaction fee on the network must be paid in IMX. These fees are then distributed as staking rewards to users who stake their tokens and participate in network activity. Holders also use IMX to vote on ecosystem proposals, directing the platform's future development.

Conclusion

Fundamentally, Immutable is a tailored scaling engine that makes blockchain-based gaming and digital asset trading practical by removing cost and speed barriers. Will its specialized infrastructure be the key to onboarding the next million gamers into Web3?

CMC AI can make mistakes. Not financial advice.