ImmutableX

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

ImmutableX's governance or utility token carries a market capitalisation of 151,7 M US$ based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (151,7 M US$) above the protocol's on-chain TVL (571 mil US$) — a mcap/TVL multiple of 265.73× implies investors are paying for expected future fee flows rather than current deposits alone. A further 11,2 mil US$ sits in the protocol's native staking modules — these deposits are typically locked, vote-bonded, or earning a share of fees, and they reduce the freely circulating float that can hit the market.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Jul 10, 2023
   Listado en DeFiLlama
2. Jan 27, 2022
   OMI migration

ImmutableX operates in the NFT Marketplace category of DeFi. It is deployed on Ethereum. The codebase has been independently audited (1 report on file). DeFiLlama tracks 1 historical event for this protocol since 2022.

ImmutableX is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-staking, staking), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Its token market cap (151,7 M US$) currently exceeds total value locked (571 mil US$) — a mcap/TVL ratio of 265.73 suggests the market is pricing in more growth than current deposits support.

Verified external resources for ImmutableX — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

ImmutableX is one of 7 NFT Marketplace protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Blur Bids, NFTX, Sudoswap V1, and 3 more. These peer protocols collectively secure 23,4 M US$ in deposits, giving you a frame of reference for whether ImmutableX's own TVL is at the top, middle, or tail of the category.

Blur Bids

TVL 18,8 M US$ · 24h +0.54%

NFTX

TVL 2,7 M US$ · 24h -0.22%

Sudoswap V1

TVL 660,8 mil US$

Salvor

TVL 552,9 mil US$ · 24h +6.89%

GumBall Protocol

TVL 356,7 mil US$ · 24h +0.61%

Sudoswap V2

TVL 309,1 mil US$ · 24h +0.27%