The native protocol token of Polymesh

POLYX is the fuel of Polymesh; it enables the creation and management of security tokens, drives POLYX holder participation through governance, and secures the chain through staking.


POLYX is a designated utility token

Utility tokens provide access to a blockchain-based infrastructure and are designed for use within that ecosystem only. POLYX is a utility token under Swiss laws, based on guidance from the Swiss financial regulator FINMA.

POLYX Tokenomics

POLYX is used for paying transaction fees as well as a whole range of other functions related to the network’s operations, such as signalling on governance proposals or staking on node operators. With these functions tied together, an ecosystem emerges on Polymesh with the network protocol token POLYX at the centre.

More on Tokenomics

POLYX Supply

The POLYX supply approaches an asymptotic limit, with new POLYX tokens created based on an algorithmic supply schedule. To learn more, see the Polymesh whitepaper.

Newly Minted POLYX

Newly minted POLYX will be created for block rewards with a maximum of 14% of the total supply minted annually. To prevent continuous acceleration of inflation, the amount of newly minted POLYX used for rewards will be fixed at 140 million annually once the supply reaches 1 billion POLYX.


Find out where to get POLYX to begin using Polymesh.