Immutable 

IMX Price

What is Immutable (IMX), the Ethereum Layer-2 gaming token?

Immutable is an Australian Web3 gaming company that builds Ethereum Layer-2 infrastructure for games and NFTs. Founded in 2018, the company operates two networks: Immutable X, a zk-rollup built for gas-free NFT minting and trading, and Immutable zkEVM, a smart-contract chain for game deployments. The product stack includes the Passport gaming wallet, an orderbook and marketplace stack, and Immutable Play. Flagship titles on the platform include Gods Unchained and Guild of Guardians. IMX is the ecosystem's ERC-20 utility token.

Who founded Immutable and who is the CEO?

James Ferguson is Immutable's co-founder and CEO. Robbie Ferguson serves as co-founder and president, and Alex Connolly is chief technology officer. The three founded the company in 2018 under the name Fuel Games before it rebranded to Immutable.

What is the IMX token used for?

IMX is an ERC-20 utility token with three core uses: paying gas fees on Immutable zkEVM, staking on Immutable X, and governance across the ecosystem. The token contract is 0xf57e7e7c23978c3caec3c3548e3d615c346e79ff on Ethereum, verifiable on Etherscan. Game transactions and NFT trades on the Immutable networks consume IMX through these fee and staking mechanisms.

Is IMX a coin or a token?

IMX is a token, not a coin. IMX is an ERC-20 with 18 decimals issued on the Ethereum blockchain and does not run on a blockchain of its own; the Immutable chains are Layer-2 networks that settle to Ethereum. DropsTab classifies Immutable under Layer-2, with additional categories for Gaming, NFT, Zero Knowledge, and the Coinlist and Huobi launchpads.

What is Immutable's total IMX supply?

IMX has a fixed maximum supply of 2,000,000,000 tokens. Per DropsTab data, both maximum and total supply are set at 2 billion, with no inflationary minting beyond that cap. The allocation chart on DropsTab shows Ecosystem Development at 51.04%, Project Development at 25%, Private Sale at 14.26%, and Foundation Reserve at 4%. Public-sale buckets from Coinlist and the Huobi Prime IDO account for the remaining share.

How does the IMX vesting schedule create sell pressure?

The IMX vesting schedule concentrates emission in ecosystem-controlled buckets, creating recurring monthly sell pressure. Per DropsTab vesting data, the token generation event took place on November 5, 2021, with 130 unlock events. The Private Sale allocation of 285,200,000 IMX carried a 1-year cliff, then 2.5 years of linear release every 28 days. Ecosystem Development emits about 17.96M IMX monthly from December 2021, and Project Development adds roughly 9.5M monthly from December 2022. These three buckets cover about 90% of supply, a structural overhang even under the hard cap.

Who backed Immutable and how much did it raise?

DropsTab fundraising data shows $298.56M raised across 12 rounds. The Series C in March 2022 raised $200M led by Temasek Holdings, with Tencent and Animoca Brands among the participants. Series B brought $60M in September 2021, led by BITKRAFT Ventures and King River Capital. Series A raised $15M in December 2019 under Galaxy Interactive and Naspers, and the December 2018 seed round totaled $2.4M. Coinbase Ventures and Framework Ventures also appear on the cap table per DropsTab data.

What happened to Immutable's early exchange backers?

Alameda Research and FTX Ventures invested in Immutable's seed and Series B rounds, per DropsTab data. Both firms collapsed in late 2022, impairing that early exposure. The collapse means this backing no longer represents active institutional support for the project. Immutable's later capital, including the Framework Ventures strategic round of December 21, 2023, came from a different investor base.

Where can you buy and trade IMX?

Per DropsTab data, IMX trades on more than 50 venues across spot, derivatives, and DEX markets. Centralized-exchange spot listings include Binance, Coinbase, Kraken, OKX, Bybit, KuCoin, and Gate, with fiat pairs in USD, EUR, KRW, JPY, and TRY. Perpetual futures run on Binance Futures, OKX, Bybit, KuCoin Futures, and Hyperliquid. Decentralized liquidity sits on Uniswap and Sushiswap in IMX/WETH pools. Tier-1 spot coverage across multiple fiat currencies keeps liquidity risk low for the token.

Is Immutable X the same as Immutable zkEVM?

Immutable X and Immutable zkEVM are two different networks. Immutable X is a StarkEx-based zk-rollup optimized for gas-free NFT minting and high-volume trading, with staking paid in IMX. Immutable zkEVM is a zero-knowledge rollup compatible with the Ethereum Virtual Machine, and IMX serves as its gas currency. Immutable X and Immutable zkEVM both settle to Ethereum and sit under the same Passport wallet and marketplace stack, so a studio's choice depends on whether the game needs general smart-contract flexibility or pure NFT-scale throughput.