Polymath PricePOLY
Rank #958
$0.04313
+12.90%How do you feel about Polymath(POLY) today?
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Finance
Simple Earn
APR
0.88%Type
Current
About Polymath (POLY)
Contract
0x9992ec3...82d88d1ec
Explorers
etherscan.io
Website
polymath.network
Community
Polymath provides technology to create, issue, and manage security tokens on the blockchain. Over 200 security tokens have been deployed using their Ethereum-based solution and they are now in the midst of launching Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance.
Recognizing that the industry lacked security-specific standards, Polymath spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400. ERC 1400 acts as an umbrella of standards and is designed to address some of the challenges in managing security tokens by enabling the ability to conserve UBO rights for custodied assets, and automate transfer control (including KYC verification) and corporate actions (including capital distribution or voting).
Polymath has brought forward many advanced innovations that address regulatory and market needs head-on. They have built a series of tools on the chain that offer non-technical users an intuitive means to access the chain’s functionality, and are also in the midst of launching Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature. Security tokens have the ability to alter the financial landscape, unlocking trillions of dollars in asset value and investment, programmably automating operations, and driving new paths to liquidity - but there are significant barriers standing in the way of institutional adoption. The foundations of Polymesh are focused on the most crucial regulatory elements addressed by four key design principles meant to meet the demands of regulators and institutions. Those four principles are Identity, Compliance, Confidentiality, and Governance. When put together, these four pillars can also support comp
Polymath (POLY) Price Trends
24H High$0.04334
24H Low$0.02825
24H Volume$19.71K
Market Cap
$38.75MAll-Time High(ATH)$1.59
Circulating Supply
898.55M POLYAll-Time Low(ATL)$0.011
Total Supply
1.00B POLYMarket Cap/FDV
89.86%Max Supply
∞Fully Diluted Valuation
$43.13MMarket SentimentNeutral
Live Polymath (POLY) Price Update
Polymath price today is $0.04313 with a 24-hour trading volume of $19.71K, and as such Polymath has a market cap of $38.75M, giving it a market dominance of 0.0010%. The Polymath price moved +12.90% in the last 24 hours.
Time period | Change amount | % Change |
---|---|---|
1H | +$0.0005577 | +1.31% |
24H | +$0.004928 | +12.90% |
7D | +$0.009568 | +28.51% |
30D | +$0.003444 | +8.68% |
1Y | -$0.1508 | -77.77% |
Credibility Indicators
70.09
Reliability Score
Rank #2036
PercentileTOP 15%
POLY to USD | $0.04 USD |
POLY to EUR | €0.04 EUR |
POLY to INR | ₹3.60 INR |
POLY to IDR | Rp654.28 IDR |
POLY to CAD | $0.06 CAD |
POLY to GBP | £0.03 GBP |
POLY to THB | ฿1.42 THB |
POLY to RUB | ₽3.99 RUB |
POLY to BRL | R$0.23 BRL |
POLY to AED | د.إ0.16 AED |
POLY to TRY | ₺1.47 TRY |
POLY to CNY | ¥0.30 CNY |
POLY to JPY | ¥6.21 JPY |
POLY to HKD | $0.34 HKD |
Team Members
Trevor Koverko
Chris Housser
Adam Dossa