Polymath

Currency:

Price

0.02 USD

Today +/-

—

Today %

—

Market Cap

$1.66M

24h Volume

$797.54

Vol/MCap: 0.0005

Fully Diluted Valuation

$15.15M

Circulating Supply

109.75M POLY

11%Max: 1.00B

24h Range

$0.0147

$0.0924

All-Time Range

$0.0110

$1.59

Advantages of Cryptocurrency

Decentralization & Financial Freedom

Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.

Transparency & Security

Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.

Global Accessibility

Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.

Investment Potential

Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.

Risks of Cryptocurrency

High Volatility

Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.

Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.

Security Risks

Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.

Environmental Impact

Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.

History of Cryptocurrency

The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.

Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.

The Rise of Altcoins

Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).

The ICO Boom and Market Crash

The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.

Institutional Adoption

The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.

DeFi, NFTs & Web3

Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.

Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.

Exchange

Exchange	Market Pair	Price	Volume 24H	Volume %	Type	Liquidity Rating	Freshness
Indodax	POLY/IDR	0.04	6,976.25	0.04	cex	159	7/9/2025, 6:23 AM
Bitbns	POLY/INR	0.11	5,702.27	0.39	cex	1	7/9/2025, 6:21 AM
Poloniex	POLY/BTC	0.11	0	0	cex	1	7/9/2025, 6:23 AM
Bibox	POLY/USDT	0.04	0	0	cex	1	7/9/2025, 6:21 AM
AscendEX	POLY/USDT	0.01	0	0	cex	1	7/9/2025, 6:18 AM

Polymath FAQ

What Is Polymath (POLY)? Polymath offers technology to create, issue, and manage security tokens on the blockchain. It led the development of a unified standard for security tokens on Ethereum, known as ERC 1400, and has facilitated the deployment of over 200 tokens using its Ethereum-based solution. Observing that existing blockchains were inadequate for satisfying the regulatory demands of capital markets, Polymath developed Polymesh, an institutional-grade blockchain specifically designed for regulated assets. Polymath enhances outdated processes and paves the way for new financial instruments by addressing inherent challenges in public infrastructure related to identity, compliance, confidentiality, governance, and settlement. Who Founded Polymath? Polymath was conceived during the search for a solution to tokenize a private fund. This endeavor revealed complex technical and legal challenges that made launching securities on the blockchain very difficult. This revelation led to a broader vision: instead of merely launching one tokenized microfund, why not simplify the process for anyone to launch a security token? This idea birthed Polymath. The organization encompasses team members and contributors worldwide and collaborates with over 50 global service providers. What Makes Polymath Unique? Security tokens present a significant market opportunity, but notable barriers hinder institutional adoption. Polymath overcomes these challenges with Polymesh, an institutional-grade blockchain built specifically for security tokens and the first specialized chain of its kind. Polymesh's foundations are rooted in providing critical design principles that issuers and investors need and that institutions and regulators demand: identity, compliance, confidentiality, and governance. Combined, these four pillars also facilitate more complex operations, such as settlement. Polymesh’s specificity offers distinct advantages over general-purpose blockchains for creating and managing digital securities. The dedicated infrastructure bridges standard blockchain architecture gaps to align blockchain operations with modern capital market requirements. Beyond engineering Polymesh, Polymath has also developed a suite of tools on the chain that gives non-technical users an intuitive means to access its functionalities. By combining Polymesh’s robust functionality with user-friendly tools, Polymath is poised to transform capital markets. How Many POLY Are There in Circulation? Following a successful launch of the Polymath platform, POLY was created to interact with it. POLY is the utility token that powers the Polymath Token Studio on Ethereum and is used by issuers for creating and managing security tokens on the platform. Nearly 100,000 wallets hold POLY, with 240,000,000 tokens distributed during the launch. The maximum supply of POLY is set at 1 billion. Where Can I Buy POLY? POLY is available for trading on an increasing number of exchanges, with cryptocurrency, stablecoin, and fiat pairs currently offered. The largest markets include Binance, Upbit, and Coinbase.