Polymesh

Polymesh is a Layer 1 blockchain built specifically for regulated financial assets such as securities and other instruments that must comply with legal and institutional requirements. It targets financial institutions, issuers, and intermediaries who need a blockchain that has governance, identity verification, compliance rules, and settlement built into its core rather than added on top. The native token is POLYX, which circulates on this purpose-built network.

Polymesh is constructed on the Substrate framework and uses a Nominated Proof of Stake consensus mechanism, in which token holders nominate validators to secure the network. The chain is permissioned, meaning participants must establish a verified identity before interacting with regulated assets on it. POLYX is used to pay transaction fees on the network and to participate in the staking and governance processes that keep the chain running.

The data stored for this asset does not include a fee revenue figure, so fee-based measures such as protocol earnings or fee yields are not available on this page. What the data does show is that 100 percent of the maximum tracked supply is already in circulation, the fully diluted valuation equals the market capitalization at the point in time recorded, and there is no dilution overhang or pending supply. This means there are no additional tokens scheduled to enter circulation based on the current data, though no maximum supply cap is recorded.