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View ChartIoTeX is a decentralized blockchain platform designed to power the Internet of Things (IoT) by enabling trusted data and device interoperability.
Key takeaways:
IoTeX is a full-stack platform that provides the foundational tools for building a trusted IoT ecosystem where devices and data can interact autonomously and securely.
| Name (Symbol) | IoTeX (IOTX) |
|---|---|
| Also Known As | - |
| Consensus Mechanism | Roll-DPoS (Rolling Delegated Proof-of-Stake) |
| Smart Contracts | EVM-compatible |
| Category | IoT, Infrastructure, DePIN |
| Hash Algorithm | Keccak-256 (Ethash) |
| Block Reward | Dynamic, based on staking rewards |
| Max Supply | 10,000,000,000 IOTX |
| TPS | ~5,000+ (theoretical) |
| Scaling Solution | Layered architecture with root chain and sub-chains |
| Native Blockchain | IoTeX |
IoTeX was founded in 2017 by a global team of experienced cryptographers, researchers, and engineers. The core founding team includes Raullen Chai, a former Head of Cryptography at Uber; Qevan Guo, a former research scientist at Facebook; Xinxin Fan, a former research lead at Bosch; and Jing Sun, a seasoned investor and partner at Sparkland Capital. The project is developed and governed by the IoTeX Foundation, a Singapore-based non-profit organization dedicated to supporting the platform's growth and decentralization. The team's combined expertise in cryptography, distributed systems, and IoT has been instrumental in architecting a blockchain specifically tailored for the machine economy.
IoTeX operates on a unique multi-layered architecture designed for scalability and flexibility. At its core is the IoTeX Root Chain, which serves as the main settlement and governance layer. It uses a highly efficient Roll-DPoS consensus mechanism, where token holders vote for a rotating set of 24-100 Delegates to produce blocks, ensuring fast finality and energy efficiency. The key innovation is the platform's ability to spawn sub-chains—independent, application-specific blockchains that are anchored to the root chain. This "blockchain-in-blockchain" design allows dApps and IoT networks to run with custom rules (e.g., higher privacy, different consensus) without congesting the main chain. These sub-chains can communicate securely with each other and the root chain via cross-chain bridges. The entire system is powered by the IOTX token, which secures the network through staking and is used to pay for computation and data transactions.
IoTeX's primary uniqueness lies in its dedicated focus on merging blockchain with the physical world of IoT, a vision often called MachineFi or DePIN (Decentralized Physical Infrastructure Networks). Its layered architecture with customizable sub-chains is a significant technical differentiator, allowing for tailored solutions that mainstream blockchains cannot easily provide. The platform places a strong emphasis on data privacy and ownership through technologies like lightweight zero-knowledge proofs, enabling devices to prove data authenticity without revealing the raw data itself. Furthermore, IoTeX has pioneered the development of hardware like Pebble Tracker, a "smart" GPS device that generates verifiable real-world data directly onto the blockchain. This end-to-end stack—from secure hardware to a scalable blockchain and user-centric dApps—creates a cohesive and valuable ecosystem for the emerging machine-based economy.
The IOTX token is the lifeblood of the IoTeX network and ecosystem, with several critical utilities:
The IoTeX ecosystem is rapidly evolving with a clear focus on building a robust DePIN (Decentralized Physical Infrastructure Network) landscape. This involves onboarding real-world devices and applications that generate, verify, and monetize data. Key developments include the expansion of the W3bstream project, a decentralized off-chain compute framework that allows smart devices to interact with multiple blockchains. The ecosystem is seeing growth in areas like:
IoTeX cannot be mined in the traditional Proof-of-Work sense. Instead, new IOTX tokens are generated as block rewards for the Delegates and their voters who participate in securing the network through the Roll-DPoS consensus mechanism. The primary way for individuals to "mine" or earn IOTX is through staking. By staking IOTX tokens to a Delegate (either by becoming one or voting for one), participants earn a proportional share of the block rewards. Rewards are distributed automatically by the protocol. The process involves using the official IoTeX wallet or supported exchanges to delegate tokens to a chosen Delegate node. The annual yield varies based on network parameters and the total amount of IOTX staked.
Securing your IOTX tokens is paramount. For maximum security, use a non-custodial hardware wallet like Ledger or Trezor, which store your private keys offline. The official ioPay wallet (available as a mobile and desktop app) is a popular software option that supports staking and interacting with IoTeX dApps directly; ensure you download it from the official source and securely back up your recovery phrase. If you hold IOTX on a centralized exchange like BTCC for trading purposes, enable all available security features, including Two-Factor Authentication (2FA), withdrawal whitelists, and email/SMS confirmations. Never share your private keys, recovery phrases, or passwords with anyone, and be vigilant against phishing attempts by double-checking website URLs and official communication channels.
IOTX is a popular cryptocurrency listed on many exchanges. However, for higher liquidity and robust customer support, we recommend using a major platform like BTCC.
Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose IoTeX products that suit your trading style
IOTXUSDTZero slippage, ultra-fast matching, supports large spot transactions seamlessly, ideal for long-term asset allocation and spot accumulation.
TradeAs of right now, the live price of IoTeX (IOTX) is $0.002268. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated IOTX to USD rate at the top of BTCC’s price page. In terms of market scope, IoTeX records a 24h trading volume of _24h.622924M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $19.495157M. Its current circulating supply stands at 9.44B out of a maximum supply cap of 10B.
The price volatility of IoTeX (IOTX) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (9.44B) to max supply (10B), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, IoTeX (IOTX) hit an all-time high (ATH) of $0.261092 on 2021-11-13 16:45, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $0.001216 on 2025-10-10 21:25. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading IOTX futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (_24h.622924M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s IOTXUSDT perpetual contracts support two-way trading. If you anticipate a price decline for IoTeX, simply log into your BTCC account with USDT margin available, navigate to the IOTXUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for IOTXUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $0.002268), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for IOTXUSDT with zero financial risk.
Trading IoTeX (IOTX) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for IOTXUSDT, and review its live price ($0.002268) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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