Polymesh is a public permissioned, institutional-grade Layer 1 blockchain purpose-built for regulated real-world assets, built on the Substrate framework developed by Parity Technologies and backed by Polymath. Polymesh's Twitter Score is 14 out of 1000 as of July 2026, ranking #77,719 among 531,432 tracked accounts.
Polymesh was announced by Polymath with Charles Hoskinson serving as co-architect, and its mainnet launched on October 28, 2021, when the Polymesh Association launched the genesis block with 14 financially regulated entities operating nodes. Rather than relying on separate smart contracts for each issued asset, Polymesh embeds identity, compliance, confidentiality, governance, and settlement functionality directly at the protocol layer. Users interacting with on-chain assets must hold a verified identity, and validator operators are required to be known, licensed, and regulated financial entities, while ordinary POLYX transfers and staking do not require identity onboarding.
Polymesh is secured by nominated proof-of-stake, and POLYX serves as its native utility token, covering transaction fees, staking, governance participation, and block rewards. POLYX carries no fixed maximum supply, with new tokens minted as staking rewards subject to a cap of 140 million POLYX per year. The one-way POLY-to-POLYX upgrade bridge closed on February 29, 2024. On June 27, 2025, the Polymesh Association transitioned into Polymesh Labs Ltd., a Cayman Islands-based subsidiary of Polymath, which now oversees the blockchain, POLYX, Polymesh Wallet, Polymesh Portal, and TokenStudio. Polymath has described itself as the regulated-asset infrastructure company behind Polymesh and announced that Polymesh's protocol-layer Confidential Assets feature is available to institutions.
Polymesh has supported ecosystem growth through two dedicated funding initiatives: a Polymesh Ecosystem Development Fund of $10 million USD for projects integrating with the network, and a Polymesh Grants Program endowed with 50 million POLYX for developers building open-source features and functionality on the chain. Polymesh's account has published 5,248 posts and has been mentioned by 117 accounts a total of 469 times, with 20,998 followers as of July 2026 on the platform.
Who follows Polymesh on X?
The accounts that follow Polymesh include 40 founders, 4 angel investors, 65 influencers and 1 VCs, among them Mario Nawfal, Notsofast, zac.eth, 0xMarioNawfal, Binance. US and Peach.