{
  "url": "https://blockindex.ai/coin/iotx",
  "name": "IoTeX",
  "links": {
    "github": "https://github.com/iotexproject/files/blob/main/publications/IoTeX_2_0_Whitepaper_1.1_EN.pdf",
    "website": "https://iotex.io/",
    "whitepaper": "https://github.com/iotexproject/files/blob/main/publications/IoTeX_2_0_Whitepaper_1.1_EN.pdf"
  },
  "dScore": 43,
  "market": {
    "priceUsd": 0.003010802402600401,
    "marketCapUsd": 28426094.956268746,
    "volume24hUsd": 1299848.29237104,
    "priceChange7dPct": -10.38148217,
    "priceChange24hPct": -2.22614182
  },
  "source": "BlockIndex.AI",
  "supply": {
    "max": 10000000000,
    "circulating": 9441368497.553144,
    "circulatingPct": 94.41368497553144
  },
  "ticker": "IOTX",
  "founder": "Raullen Chai",
  "vcFunded": false,
  "updatedAt": "2026-06-19T06:00:23.932199+00:00",
  "fairLaunch": false,
  "launchYear": 2019,
  "description": "IoTeX (IOTX) is a Layer-1 blockchain project focused on enabling scalable, privacy-preserving infrastructure for the Internet of Things (IoT), decentralized physical infrastructure networks (DePIN), and emerging AI/edge compute applications. Launched to mainnet in 2019, IoTeX was built with an eye toward combining high throughput, low-latency transaction processing and an accessible staking/governance model to encourage broad participation from device operators, developers, and ecosystem partners. The project positions itself as an interoperable, EVM-compatible network that supports on-chain identity (ioID), a native wallet (ioPay), and a set of middleware and toolchains such as Quicksilver to index and deliver structured physical-world data to smart contracts. Over time IoTeX has aimed to bridge device-level data with smart contract logic, supporting use cases that require secure device identity, verifiable telemetry, and token-incentivized participation by device owners and operators.\n\nTechnically, IoTeX implements a Roll‑Delegated Proof-of-Stake (Roll‑DPoS) consensus design tailored for efficient block production and governance via staked token holders and delegates. The network emphasizes modularity: lightweight rollups and off-chain indexing components have been described in project materials to enable higher throughput and lower costs for device-centric workloads. IoTeX also integrates privacy-preserving features and prioritizes compatibility with existing Web3 tooling through EVM compatibility and wallet integrations. The chain is account-based rather than UTXO-based and supports smart contract deployments; the native token (IOTX) is used for fees, staking, and governance participation. Development activity captured in the provided materials shows periodic versioned releases and at least one hard fork/upgrade cycle in late 2025, indicating active maintenance and protocol evolution.\n\nIn terms of real-world applicability, IoTeX targets decentralized IoT applications such as device identity, telemetry verification, sensor data marketplaces, DePIN-style resource provisioning, and more recently the intersection of DePIN and AI (projects referenced as BinoAI and other DeAI experiments in late 2025). The ecosystem narrative emphasizes partnerships and integrations—references in the provided materials mention collaborations and references to large technology names and analytics providers—alongside broad exchange distribution that supports on- and off‑ramps for token holders. Economically, IoTeX has a hard supply cap of 10 billion IOTX with circulating supply reported at approximately 9.44 billion (≈94.41% of max), creating a token profile that is widely distributed in practice. Market metrics in the dataset show a low per-unit price at the reporting date and modest market capitalization relative to total supply, while staking participation and token-holder governance mechanisms are described as part of the protocol design.\n\nGovernance and organizationally, the extracted materials identify core leadership (Raullen Chai is listed as co‑founder and CEO in the scraped content) and indicate a company/organization structure supporting the protocol alongside on‑chain governance mechanisms enabling token-holder participation. The project materials describe staking-based voting and delegate mechanics consistent with DPoS-style governance. Regulatory and compliance activity is present in the dataset for 2025, including references to disclosure standardization and MiCA-related items, suggesting ongoing engagement with regional regulatory frameworks. While the provided summaries include extensive market, wallet, and exchange footprint details, they lack full primary-source transparency on some protocol-level metrics (exact premine percentages, full node counts in the provided extract, and a complete genesis allocation table). For a comprehensive technical and governance evaluation, supplemental primary-source documents (whitepaper, audited tokenomics, and official node/operator documentation) would be recommended.",
  "methodology": "https://blockindex.ai/dscore",
  "classification": {
    "layer": "Layer 1",
    "isToken": false,
    "consensus": "DPoS",
    "parentChain": null
  },
  "dScoreComponents": {
    "autonomy": 5,
    "ageHistory": 13,
    "governance": 20,
    "nodeDistribution": 5,
    "initialDistribution": 0
  },
  "decentralizationVerdict": "Moderately Decentralized"
}