Gas vs Polymesh — how do they compare? Gas trades at Rp16,553 (market cap Rp1,07T, Rp17,83M 24h volume), while Polymesh trades at Rp526.17 (market cap Rp699,51M, Rp22,08M 24h volume). The key difference: Gas is far larger — about 1529.6× Polymesh's market cap, and Gas's circulating supply is 65M GAS versus 1,1B POLYX for Polymesh. Which is the better fit depends on your goals — on Pluang, investors hold Gas for 48 Days and Polymesh for 20 Days on average.
| GAS | POLYX | |
|---|---|---|
Market Cap | Rp1,07T | Rp699,51M |
Volume (24h) | Rp17,83M | Rp22,08M |
Circulating Supply | 65M GAS | 1,1B POLYX |
Typical Hold Time | 48 Days | 20 Days |
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GAS is a NEP-17 token on Neo that is used to settle network transaction fees on Neo. Neo itself is a Layer-1 blockchain that leverages the Neo Virtual Machine (NVM) to execute smart contracts and caters to the developer experience by supporting multiple coding languages. Neo employs a delegated Byzantine Fault Tolerance (dBFT) consensus mechanism to achieve network consensus.
Read more on GAS →POLYX is the native protocol token of Polymesh, an institutional-grade permissioned blockchain built specifically for regulated assets. It streamlines antiquated processes and opens the door to new financial instruments by solving challenges with public infrastructure around governance, identity, compliance, confidentiality, and settlement. The token can be used to stake and secure the network, pay transaction fees, and engage in governance.
Read more on POLYX →