IMX vs POL
Immutable X and Polygon system Token scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.
Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.
What separates them
IMX scores 117 of 250 and ranks 77th of 251. POL scores 123 and ranks 56th. POL leads by 6 points, which is inside the range where the individual variables matter more than the total. IMX takes 3 of the 25 variables, POL takes 8, and 14 are level.
The framework rates IMX WATCH and POL CAUTIOUS HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.
No single variable separates IMX and POL by as much as 3 points. They are close on the framework's terms, which makes price, liquidity and the supply position below the only grounds for choosing.
Both score 3 or below on Supply Inflation, Vesting Schedule, Buyback and Burn, BTC Alpha Potential. A weakness both sides share is not a reason to prefer either. It is a reason to check whether the category itself carries the problem.
IMX still has 54.8% of its eventual supply to enter circulation against 0% for POL. On the same market capitalisation, a buyer of IMX is taking the 2.21x dilution path and a buyer of POL the 1x one.
POL is valued at $1.08B against $156.3M for IMX, a 6.9x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
All 25 variables, head to head
Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.
Cash flow
| Protocol Revenue | 4 | 4 | level | |
| Revenue Trend | 4 | 4 | level | |
| P/S Multiple | 5 | 4 | IMX +1 | |
| Real Staking Yield | 4 | 5 | POL +1 |
Supply
| Supply Inflation | 3 | 3 | level | |
| Vesting Schedule | 3 | 3 | level | |
| Circulating / FDV Ratio | 5 | 4 | IMX +1 | |
| Buyback and Burn | 3 | 3 | level |
Ownership
| Smart Money Flows | 5 | 5 | level | |
| Insider Selling | 4 | 4 | level | |
| Holder Concentration | 4 | 5 | POL +1 |
Traction
| TVL Trend | 5 | 5 | level | |
| Active Users | 5 | 6 | POL +1 | |
| Developer Activity | 6 | 7 | POL +1 | |
| Network Growth | 6 | 6 | level |
Position
| Market Share | 5 | 5 | level | |
| Competitive Moat | 5 | 5 | level | |
| Institutional Adoption | 5 | 6 | POL +1 | |
| Exchange Depth | 6 | 7 | POL +1 | |
| Social Mindshare | 5 | 5 | level |
Risk
| Regulatory Safety | 6 | 7 | POL +1 | |
| Catalyst Calendar | 6 | 5 | IMX +1 | |
| BTC Alpha Potential | 1 | 3 | POL +2 | |
| Team Execution | 6 | 6 | level | |
| Treasury Runway | 6 | 6 | level |
Bars read outward from the centre: IMX to the left, POL to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.
Market and supply
| IMX | POL | |
|---|---|---|
| Price | $0.1727 | $0.1020 |
| Market cap | $156.3M | $1.08B |
| Circulating | 45.2% | 100% |
| Dilution to full supply | 2.21x | 1x |
| Off all-time high | -98.2% | -92.1% |
| To recover the high | 55.6x | 12.7x |
| Total value locked | $52.0M | $650.0M |
| Network | Ethereum | Polygon |
Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.
Catalyst and risk on each side
IMX · WATCH
Gods Unchained, Guild of Guardians, and 300+ game titles on IMX; Polygon zkEVM partnership and gaming bull cycle
45% supply still opening (team/investor vesting through 2027), gaming crypto narrative fickle, competition from Ronin and Arbitrum Orbit
POL · CAUTIOUS HOLD
AggLayer connecting all Polygon CDK chains into unified liquidity layer; ETH Foundation alignment
Only 38% circulating; MATIC migration not fully complete; AggLayer adoption slower than expected
Common questions
- Is IMX or POL the better investment?
- On this framework POL scores higher: 123 against 117 of 250, and it is rated CAUTIOUS HOLD against WATCH. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and IMX still wins 3 of the 25 individual variables against POL.
- What is the biggest difference between IMX and POL?
- Nothing separates them by more than 2 points on any of the 25 variables, which is unusual and means the two are close substitutes on fundamentals.
- Which is bigger, IMX or POL?
- IMX is valued at $156.3M and POL at $1.08B on the latest market snapshot.
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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.