Total Supply: 2,000,000,000
Whitepaper: https://support.immutable.com/hc/en-us/articles/4405227590799
Website: https://www.immutable.com/
Founding Year: 2018
Blockchain Explorer: https://etherscan.io/token/0xf57e7e7c23978c3caec3c3548e3d615c346e79ff
Introduction:
Immutable X is one of the first layer-two solutions that utilize zk-rollups and focus exclusively on NFTs, built on Ethereum.
IMX is the protocol’s native ERC-20 utility token. The token’s three core use cases are fees, staking and governance.
The platform utilizes a shared global order book to facilitate protocol liquidity. It claims that NFT marketplaces can be built on Immutable X without a backend. Thus, third-party marketplace solutions can co-exist with the protocol’s native marketplace.
ApolloX Product: IMXUSDT Perpetual Contract
IMXUSDT is a USDT quoted perpetual contract that has no expiration date or settlement. Funding rates will be updated every 8 hours: