Polymath Price (POLY)
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POLY Price Live Data
The live Polymath price today is $0.133782 USD with a 24-hour trading volume of $1,739,025 USD. Polymath is up 6.25% in the last 24 hours. The current CoinMarketCap ranking is #289, with a live market cap of $82,779,262 USD. It has a circulating supply of 618,764,165 POLY coins and the max. supply is not available.
If you would like to know where to buy Polymath, the top exchanges for trading in Polymath are currently Binance, Huobi Global, Upbit, HitBTC, and BKEX. You can find others listed on our crypto exchanges page.
What Is Polymath (POLY)?
Polymath is a decentralized Ethereum project built with the goal of making it easier to create and manage security tokens. The ST-20 Polymath standard (ERC1400) allows users to embed regulatory requirements into the tokens themselves to restrict trading to verified participants, simplifying the challenges of creating a security token. Over 220 tokens have been created using the Polymath platform (https://scout.cool/polymathnetwork/mainnet).
Who Founded Polymath?
Polymath was founded by Trevor Koverko. After starting his career at Wall Street and Silicon Valley, Trevor Koverko became involved in the blockchain community and financed projects such as Ethereum, EOS and Shapeshift. In 2017, Koverko co-founded Polymath. He is an investor at Lumenix, Royalty Exchange, ShapeShift and Block.one.
Polymath has team members and contributors worldwide and a growing list of over 50 service providers (https://polymath.network/service-providers)
How Many POLY Are There in Circulation?
Polymath was founded in 2017, and the Polymath platform was deployed on the Ethereum Mainnet on January 31, 2018. After successful platform launch, POLY was created to interact with the platform. 240,000,000 tokens were distributed during the launch. The max supply of POLY is 1 billion. 808,000,000 are currently circulating. 925,000,000 will be circulating by January 31, 2022. The team locked up the final 75m until January 2024. (https://blog.polymath.network/polymath-locks-up-75-million-poly-for-5-years-fc334d5978a4)
POLY is the utility token that is used to access the suite of smart contracts in order to create an ST20 token. Almost 100,000 wallets hold POLY (https://etherscan.io/token/0x9992ec3cf6a55b00978cddf2b27bc6882d88d1ec)
Polymath has built its own Proof-of-Stake blockchain called Polymesh, based on Parity Substrate. Polymesh is currently in testnet, with mainnet launching in 2021. ERC20 POLY holders may optionally upgrade their POLY on a 1:1 basis for POLYX. The only POLYX being created is those via the upgrade process and any created by the blockchain for Proof-of-Stake rewards (https://info.polymath.network/blog/introduction-to-polymesh-tokenomics). No additional POLYX is being created. Once Polymesh mainnet is live, the circulating supply of Ethereum based POLY will decrease by the amount that is swapped to Polymesh.
Where Can I Buy POLY?
POLY is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.
POLY Price Statistics
|24h Low / 24h High|
|Volume / Market Cap||0.02101|
|Fully Diluted Market Cap||$133,781,604.10|
|Yesterday's Low / High|
|Yesterday's Open / Close|
|7d Low / 7d High|
|30d Low / 30d High|
|90d Low / 90d High|
|52 Week Low / 52 Week High|
All Time HighFeb 19, 2018 (3 years ago)
All Time LowMar 13, 2020 (a year ago)
|Circulating Supply||618,764,165 POLY|
|Total Supply||1,000,000,000 POLY|
|Max Supply||No Data|