Polymath
POLYSecurity token issuance and management platform
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.40% | 1.78% | 4.17% | 5.35% | 1.77% | 67.48% |
Comparison
Investment
Sub Organizations
Tokenomics
Unlock Progress
Data source: CoinGecko
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x5c60...72df |   POLY | 890,245,646.22 | 89.02% | $8.11M |
| Coinbase 10 (3e43) | POLY | 36,763,514.74 | 3.68% | $334.97K |
| Indodax 3 (dc92) | POLY | 6,092,833.75 | 0.61% | $55.51K |
Open Markets
| # | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
| 1 | POLY/WETH | $0.02588 | $209 | $208 | $2,971 | 74.64% |
Follow Updates
Follow Lists
People
About Polymath
Polymath is a blockchain platform focused on tokenized securities, or digital securities. Its core product is the Polymesh chain, a purpose-built blockchain for regulated assets, alongside the Polymath Capital Platform, a white-label solution for issuing and managing these tokens.
The key differentiator is compliance built into the protocol layer. Polymesh natively handles identity verification, transfer restrictions, and corporate governance, avoiding the need for complex smart contract workarounds common on general-purpose chains. The recent Confidential Assets feature uses zero-knowledge proofs to keep transaction details private while still allowing regulators and auditors to access data when needed, addressing a major blocker for institutional adoption.
The market pain point is the trade-off between transparency and privacy. Public blockchains expose sensitive trading data, while private chains create isolated liquidity pools. Polymath aims to solve this by offering a public-permissioned network with both auditability and confidentiality.
In the past six months (March to September 2026), Polymath launched Confidential Assets on testnet, with mainnet deployment pending. It also announced partnerships with several firms for real-world asset tokenization, including a $100 million real estate initiative. However, the POLYX token has underperformed, trading around $0.035, down significantly from its 2024 highs, reflecting broader challenges in the security token market. The project has also faced criticism for slower-than-expected adoption despite its technical capabilities.
Positive: 1) In August 2026, Polymath agreed to be acquired by Nasdaq-listed TruGolf, planning to go public via merger and become the first Nasdaq company whose core business is a Layer-1 blockchain, enhancing institutional credibility and capital access (). 2) On September 11, 2026, Polymath partnered with High Ridge Trust for qualified custody, segregated accounts, and client-directed trading of tokenized securities, boosting institutional adoption; TRUG surged 24% (, ). Negative: No substantive buyback/burn, revenue, holder rights, or unlock dynamics were seen in the period.
Co-founder: Trevor Koverko, serial entrepreneur and Web3 investor, previously drafted by the NHL's New York Rangers, founded Polymath and Polymesh.
Core executives: Martin Halford, CTO, technology-led leader with 25+ years in blockchain, enterprise, and financial services; Natalie Hirsch, CFO, CPA/PMP/MBA, operational leader scaling companies in fintech and SaaS.