All-time High
$0.26
Nov 14, 2021
All-time Low
$0.00
Mar 13, 2020
Volume(24h)
$9.01M
Turnover rate
4.5%
Market Cap
$200.3322M
FDV
$212.2M
Circulating supply
$9.44B
Total supply
$9.44B
Max supply
10B
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Community sentiment

26%
74%


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About IoTeX
Where Can You Buy IoTeX (IOTX)?
IoTeX (IOTX) can be bought and sold on many exchanges, including: * [Binance](https://coinmarketcap.com/exchanges/binance/) * [Coinbase](https://coinmarketcap.com/exchanges/coinbase-exchange/) * [Huobi Global](https://coinmarketcap.com/exchanges/huobi-global/) * [Kucoin](https://coinmarketcap.com/exchanges/kucoin/) * [Pancakeswap](https://coinmarketcap.com/exchanges/pancakeswap-v2/) * [mimoswap](https://coinmarketcap.com/exchanges/mimo-exchange/)
How Is the IoTeX Network Secured?
IoTeX has several mechanisms that ensure the privacy of users and transactions. Some of these are ring signatures and the reliable payment code that hides the transaction receiver’s address. Delegated proof-of-stake works by having stakeholders vote for the block producers on the network. The number of block producers is set and once they are elected, they are responsible for adding new blocks to the blockchain. For doing it, they receive rewards that they can distribute to the stakeholders who voted for them, incentivizing block producers to continue working and stakeholders to continue voting for block producers.
What Makes IoTeX Unique?
IoTeX is the decentralized backbone for machine economics which serves machines ranging from smart home devices to autonomous vehicles. To this end, IoTeX has built and launched a fast, high-performance, and EVM-compatible blockchain that provides flexibility and scalability for various applications. Also, middlewares and Dapps are built on top of the blockchain to bring self-sovereign devices and real-world oracles into reality. IOTX is the native coin that governs the underlying blockchain protocol while being used as the gas for the blockchain protocol. Burndrop (http://burndrop.iotex.io/) is a unique economical design that leads to deflation of IOTX while the number of devices orchestrated by IoTeX increases.
Who Are the Founders of IoTeX?
The founders of IoTeX are Raullen Chai, Qevan Guo, Xinxin Fan, and Jing Sun. Besides being the co-founder of IoTeX, Raullen Chai is also an advisor at BootUP Ventures and is a member of the Industrial Distributed Ledger Task Group at Industrial Internet Consortium. He used to work as lead of crypto R&D and engineering security at Uber. Qevan Guo is also a co-founder of Hyperconnect Lab. He used to be a research scientist and engineering manager at Facebook. Before co-founding IoTeX, Xinxin Fan was a senior research engineer at Bosch Research and Technology Center, North America. He has also worked as a research associate and project manager at the University of Waterloo. Jing Sun also works as a managing partner at Sparkland Capital. She is an LP investor at Polychain Capital and an angel investor at Rippling.
What Is IoTeX (IOTX)?
Starting as an open-source project in 2017, IoTeX has built a decentralized platform whose aim is to empower the open economics for machines — an open ecosystem where people and machines can interact with guaranteed trust, free will, and under properly designed economic incentives. With a global team of over 40 research scientists and engineers, IoTeX has built their EVM-compatible blockchain from scratch using the innovative Roll-DPoS consensus and launched in 2019 April, which has been running by 100+ delegates worldwide and has processed more than 10 million transactions already. On top of the IoTeX blockchain, the team has built the essential blocks of infrastructures to connect with Ethereum, BSC, and Heco blockchains such as ioPay wallet (https://iopay.me/) and ioTube bridge (https://iotube.org/), which serve ten thousands of users. IoTeX helps EVM-based DApps scale without concerning expensive gas fees! Besides, middleware such as Decentralized Identity, Confidential Computing, and Secure Hardware has been built on top of the IoTeX blockchain. This has enabled the creation of self-sovereign devices such as Ucam, and real-world data oracles like Pebble. Ucam (https://ucam.iotex.io/) has been deployed to over 3000 households (http://iott.network/). Meanwhile, Pebble has been launched to more than 300 developers initially, and enables innovative Dapps to connect the physical world with the crypto world, such as real-world NFTs, weather derivatives and machine learning-as-mining.
IoTeX News
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The Bitcoin halving is back—and this time, it could be the most significant one yet. Scheduled for early 2025
Apr 06, 2025 at 10:04 pm
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IoTeX will participate in Digital Asset Summit in New York on March 18th-20th. Refer to the official tweet by IOTX:
Mar 12, 2025 at 11:24 pm
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The crypto exchange revealed that the collateral ratio for CELO, IOTX, LRC, ALICE, AUDIO, & ICX tokens under the portfolio margin will be updated shortly ahead
Mar 10, 2025 at 05:38 pm
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If you've been around crypto long enough, you've probably asked yourself: Can Dogecoin reach $1? It’s the dream that keeps the Dogecoin community wagging their tails.
Mar 04, 2025 at 04:14 pm
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This collaboration aims to enhance smart contract security and development by integrating a dedicated smart contract library supporting ERC token standards.
Feb 28, 2025 at 02:51 am
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SAN FRANCISCO, Jan. 30, 2025 /PRNewswire/ -- IoTeX, a global leader in building Decentralized Physical Infrastructure Network (DePIN) infrastructure, is proud to announce the establishment of the IoTeX DePIN AI Strategic Reserve.
Jan 31, 2025 at 01:14 am
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Bitcoin (BTC) has just smashed through the $100,000 mark, and the crypto world is buzzing. Social media is ablaze with posts about newfound millionaires, traders celebrating their wins, and skeptics once again eating their words. But here’s the big question: Is it too late to dive into crypto?
Jan 29, 2025 at 07:31 am
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In the rapidly evolving world of cryptocurrencies, a common confusion arises between various digital assets, often leading to misunderstandings
Jan 27, 2025 at 06:04 am
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Top crypto gainers are stealing the spotlight today, with Golem, Raydium, Zilliqa, and IoTeX leading the charge. Golem surged 2.19%, Raydium soared 4.87%, Zilliqa climbed 2.59%, and IoTeX gained 2.86%, representing resilience and opportunity.
Jan 27, 2025 at 03:43 am
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