Polymath (POLY) is the legacy Ethereum ERC-20 token associated with Polymath’s earlier security-token platform. It is distinct from POLYX, the native protocol token of the Polymesh blockchain; the official POLY-to-POLYX upgrade bridge was permanently closed in 2024.
| Stat | Value |
|---|---|
| Ticker | POLY |
| Price | $0.0009433 |
| Market Cap | $103.53K |
| 24h Change | Not reported by CoinGecko at capture |
| Circulating Supply | 109.75M POLY |
| Max Supply | 1B POLY |
| All-Time High | $1.59 |
CoinGecko snapshot captured 2026-10-24 at 11:17 UTC. Price, market capitalization, and 24-hour change are refreshed by the live market fields; values can change.
POLY and Polymesh
Polymath originally built tools for issuing and managing tokenized securities. It later launched Polymesh, a separate blockchain designed for regulated real-world assets, with POLYX as its native utility token. POLY and POLYX are not interchangeable tickers for the same on-chain asset: POLY is an ERC-20 token on Ethereum, while POLYX is native to Polymesh.
The Upgrade Bridge Is Closed
At Polymesh mainnet launch, the project offered a one-way 1:1 bridge for users to upgrade POLY to POLYX. Polymesh’s official announcement says the bridge closed permanently on February 29, 2024, after more than 890 million POLY had been bridged. The closure announcement says the bridge module was removed, so this page does not describe the conversion as currently available.
Tokenomics and Market Data
CoinGecko’s legacy POLY listing reported about 109.75 million POLY circulating against a maximum supply of 1 billion at the snapshot above. It reported no 24-hour change value at capture. These figures refer to the POLY listing, not to POLYX supply or Polymesh staking rewards; the low reported market capitalization should also be read in the context of a legacy token and potentially thin market activity.
POLYX has its own supply and protocol utility on Polymesh. It is used for network fees and staking-related functions described in Polymesh documentation. Those properties should not be attributed to remaining POLY balances.
Related Terms
See Also
- Real World Asset Tokenization: What It Actually Is and Why BlackRock Is Doing It
- How Do Crypto Bridges Work — And Why Are They Such a Hack Target?
- What Is Tokenomics — And Why It Determines Whether a Crypto Project Survives
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Sources
- Polymesh Mainnet Launch — Polymesh’s launch announcement describes POLYX as the network’s native token and the original 1:1 POLY upgrade bridge.
- Closure of the POLY-to-POLYX Upgrade Bridge — The official notice records the bridge’s permanent closure on February 29, 2024 and reports more than 890 million POLY upgraded.
- CoinGecko Polymath listing — CoinGecko provides the legacy POLY market snapshot; its values should not be confused with POLYX data.