Polymesh (POLYX)
Purpose-built securities chain. Regulated security token issuance.
Ranked 167th of 251 rated tokens. Scoring pass 11 Jun 2026.
What the numbers say
POLYX scores 95 of 250 across the 25-variable framework, which places it 167th of 251 rated tokens and inside the lower half of the set. The framework verdict is PASS.
The score rests on Regulatory Safety 7/10, 17th of 251, Insider Selling 5/10, 42nd of 251, Competitive Moat 5/10, 57th of 251 and Holder Concentration 4/10, 58th of 251.
Against the same universe, POLYX sits in the bottom third on Exchange Depth 3/10, 220th of 251. These are the variables that would have to move for the verdict to change.
100% of eventual supply is already circulating, so vesting is not a live risk for POLYX. Price has to be justified by demand rather than absorbed against a cliff.
POLYX trades 95.6% below its all-time high of $0.7488. Recovering that level is a 22.7x move, not a 95.6% one, which is the arithmetic most drawdown charts hide.
The framework score gained 95 points against the previous pass (0 to 95). Revisions of this size follow a change in the underlying variables, not a change in price.
25-variable breakdown
Each variable is scored 1 to 10 and ranked against every other rated token, so a 7 that ranks 20th means something different from a 7 that ranks 180th. The rank is the part that is hard to get anywhere else.
Cash flow
| Protocol Revenue | 2 | 166th of 251 | |
| Revenue Trend | 3 | 117th of 251 | |
| P/S Multiple | 4 | 104th of 251 | |
| Real Staking Yield | 4 | 82nd of 251 |
Supply
| Supply Inflation | 5 | 61st of 251 | |
| Vesting Schedule | 5 | 100th of 251 | |
| Circulating / FDV Ratio | 5 | 135th of 251 | |
| Buyback and Burn | 2 | 114th of 251 |
Ownership
| Smart Money Flows | 3 | 149th of 251 | |
| Insider Selling | 5 | 42nd of 251 | |
| Holder Concentration | 4 | 58th of 251 |
Traction
| TVL Trend | 3 | 111th of 251 | |
| Active Users | 3 | 149th of 251 | |
| Developer Activity | 4 | 158th of 251 | |
| Network Growth | 3 | 156th of 251 |
Position
| Market Share | 3 | 131st of 251 | |
| Competitive Moat | 5 | 57th of 251 | |
| Institutional Adoption | 4 | 71st of 251 | |
| Exchange Depth | 3 | 220th of 251 | |
| Social Mindshare | 3 | 157th of 251 |
Risk
| Regulatory Safety | 7 | 17th of 251 | |
| Catalyst Calendar | 3 | 158th of 251 | |
| BTC Alpha Potential | 3 | 114th of 251 | |
| Team Execution | 4 | 147th of 251 | |
| Treasury Runway | 5 | 74th of 251 |
The vertical tick on each bar marks the median score across all 251 rated tokens, so a bar ending left of the tick is below the universe on that variable.
Catalyst and risk
Next catalyst
Institutional security token issuance and regulatory compliance focus
Principal risk
Niche market adoption and slow STO volume growth
Market and supply
| Price | $0.0326 |
| Market cap | $42.5Mrank 472 |
| All-time high | $0.748831 Mar 2024 |
| Circulating supply | 1,305,366,112 |
| Eventual supply (total supply) | 1,305,366,112 |
| Dilution to full supply | 1x |
| Listed on | Binance, Bybit, Gate.io |
Price, market cap, supply and all-time high from CoinGecko, fetched 6 Aug 2026. The 25 scores come from the research pass dated 11 Jun 2026 and don't move with price.
Tokens with a similar profile
These are the closest matches to POLYX measured on the shape of all 25 variables after removing overall quality, so what they share is a pattern of strengths and weaknesses rather than a similar size or price.
Common questions
- What is the Early Thunder score for Polymesh (POLYX)?
- POLYX scores 95 out of 250 on the 25-variable framework, ranking 167th of 251 rated tokens (lower half). The framework verdict is PASS.
- What are POLYX's strongest fundamentals?
- POLYX ranks highest on Regulatory Safety 7/10, 17th of 251, Insider Selling 5/10, 42nd of 251, Competitive Moat 5/10, 57th of 251 and Holder Concentration 4/10, 58th of 251. Ranks are measured against all 251 tokens in the same scoring pass.
- What are the weakest parts of the POLYX thesis?
- POLYX scores in the bottom third of the universe on Exchange Depth 3/10, 220th of 251. The single risk carried on the scorecard is: Niche market adoption and slow STO volume growth
- How much POLYX supply is still to enter circulation?
- 100% of eventual POLYX supply is circulating today, leaving 1x the current float still to arrive. At a flat price per token that is 0% of fully diluted value ahead of current holders.
- How far is POLYX from its all-time high?
- POLYX trades 95.6% below its all-time high of $0.7488. Returning to that high requires a 22.7x move from the level used in this scoring pass.
- Which tokens have a similar profile to POLYX?
- Measured on the shape of all 25 scored variables rather than on price, the closest matches to POLYX are HOPR (92), KDA (50), CANTO (86) and LRC (78). Similarity here means the same pattern of strengths and weaknesses, not a similar market cap.
- What is the next catalyst for POLYX?
- Institutional security token issuance and regulatory compliance focus
Keep reading
Research and analysis, not investment advice. Scores are one framework applied consistently across 251 tokens, not a prediction of price.