IoTeX

IOTX Price

About IoTeX (IOTX)

IoTeX is a modular blockchain platform designed to connect real-world data from smart devices to artificial intelligence (AI) systems and decentralized applications.

• It provides purpose-built infrastructure for Decentralized Physical Infrastructure Networks (DePIN), enabling verified interaction between machines and humans.
• The ecosystem powers over 100 projects and millions of smart devices, delivering real-time data to decentralized AI models.
• Its native utility token, IOTX, facilitates network governance, provides incentives for contributors, and powers transaction fees within the ecosystem.

What Is IoTeX

IoTeX is a decentralized platform that serves as a bridge between the physical world and the digital economy. Its primary mission is to create an open ecosystem for real-world AI, transforming data from physical machine networks into collective intelligence. By providing a secure and scalable environment, IoTeX allows developers to integrate data from sensors, cameras, and other smart devices directly into blockchain protocols.

The platform addresses the limitation of traditional AI models, which often rely on static or historical internet data. IoTeX enables these models to access real-time, verified data from the physical world, which is essential for applications in mobility, energy, and environmental monitoring. The system uses a modular architecture, including a specialized blockchain and decentralized identity protocols, to ensure that data is authentic and ownership remains with the contributors.

What Makes IoTeX Unique

• DePIN Infrastructure: IoTeX is specifically optimized for DePIN, providing the tools necessary for managing large-scale machine networks.
• ioID Identity Protocol: A decentralized identity system for machines and agents, enabling verifiable authentication and ownership across different devices.
• QuickSilver AI Layer: A real-time interaction layer that converts raw device signals into contextual insights for AI agents, acting as a bridge between physical hardware and intelligence models.
• Trio Foundational Model: A multimodal model designed to understand and operate within the physical world, enhancing the capabilities of decentralized AI.

What Can You Use IoTeX for?

• Network Participation: Users can contribute data and computational resources from their smart devices to the network in exchange for rewards.
• Decentralized Identity: Machines can register via ioID to establish a secure, on-chain identity for cross-ecosystem interoperability and trust.
• Application Development: Developers use the platform's tech stack to build dApps that require real-time physical data, such as route planning for drones or energy optimization for smart grids.
• Staking and Governance: Token holders can stake IOTX to secure the network and participate in governance decisions regarding protocol upgrades.

How Does IoTeX Work?

IoTeX operates using a multi-layered architecture that connects physical devices to the blockchain. At its core is a purpose-built blockchain designed for fast discovery and secure settlement between machines. The network utilizes a consensus mechanism based on Randomized Delegated Proof of Stake, which selects a rotating set of delegates to validate transactions, ensuring high throughput and security.

The platform integrates middleware and decentralized identity (ioID) to verify the authenticity of data coming from devices. When a sensor or device sends a signal, the QuickSilver layer processes these signals into contextual data that AI agents can utilize. Transaction fees on the network are paid in IOTX, which serves as the gas required to execute smart contracts and facilitate peer-to-peer interactions between machines.

Team Info and Investors

IoTeX was founded in 2017 with a focus on privacy and the Internet of Things. The project has established partnerships with major industry entities, including Google, Samsung, IEEE, ARM, and Nordic Semiconductor. Governance is managed through a decentralized structure where IOTX stakeholders influence the direction of the ecosystem. While the source material highlights these institutional collaborations and governance models, it does not provide detailed biographies for individual founders or a specific list of early-stage investors.

Where can you buy IoTeX?

IOTX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade IoTeX is Binance, where the most active trading pair IOTX/USDT has a trading volume of $217,817.22 in the last 24 hours. Other popular options include Bitunix and MEXC.

What is the daily trading volume of IoTeX (IOTX)?

The trading volume of IoTeX (IOTX) is $1,935,826.81 in the last 24 hours, representing a 7.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for IoTeX (IOTX)?

IoTeX (IOTX) reached an all-time high of $0.2556 and an all-time low of $0.001216. It’s now trading -98.60% below that peak and 196.20% above its lowest price.

What is the market cap of IoTeX (IOTX)?

Market capitalization of IoTeX (IOTX) is $33,988,149 and is ranked #656 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of IOTX tokens (9.4 Billion tokens are tradable on the market today).

What is the fully diluted valuation of IoTeX (IOTX)?

The fully diluted valuation (FDV) of IoTeX (IOTX) is $33,988,149. This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion IOTX tokens are in circulation today. Depending on how the emission schedule of IOTX tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of IoTeX compare against its peers?

With a price increase of 0.50% in the last 7 days, IoTeX (IOTX) is underperforming the global cryptocurrency market which is up 1.80%, while underperforming when compared to similar Made in USA cryptocurrencies which are up 6.50%.

How to add IoTeX (IOTX) to MetaMask?

Adding IoTeX (IOTX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import IOTX as a token. You can copy IOTX’s contract address (0x6fb3e0a217407efff7ca062d46c26e5d60a14d69) and import it manually, or if you've installed MetaMask's chrome extension, add IOTX to MetaMask with one click on CoinGecko.

Add IOTX to MetaMask.