PMX Price

PMX is a cryptocurrency launched in 2021 on the Base platform. It aims to provide regulatory-compliant access to Philip Morris company stock price tracking for eligible crypto market participants. PMX is issued as both Solana SPL and ERC-20 tokens, combining traditional stock tracking with blockchain technology benefits. Key facts about PMX: - Current price: $162.93 - 24h trading volume: $1.38M - Market cap: $17.64B - Circulating supply: 108.3M PMX - Total supply: 3K PMX - All-time high: $167.95 (reached on January 31, 2025) - All-time low: $162.91 (reached on July 29, 2025) PMX has seen significant price volatility recently, with a 24-hour change of -2.16% and 30-day change of -53.44%. Its price ranged from $162.91 to $167.95 in the past 24 hours. As of 2025-08-02, PMX ranks #13 by market cap. Price predictions suggest it could reach $173.52 by 2026 and $341.89 by 2030, though cryptocurrency prices are highly unpredictable.

PMX was created on July 31, 2021. It operates on the Base blockchain platform as an ERC-20 token. The project aims to provide a decentralized finance (DeFi) solution for cross-chain spot and margin trading. Since its launch, PMX has been working on developing its ecosystem and expanding its use cases within the DeFi space. As of 2025-08-02, PMX has a circulating supply of 108.3M PMX tokens out of a total supply of 3K PMX. The current price of PMX is $162.93, with a 24-hour trading volume of $1.38M. Its market capitalization stands at $17.64B, ranking it 13 among all cryptocurrencies.

The founders of PMX are Girish Srinivasan and Hansuk Kim. Girish Srinivasan serves as the Co-Founder and Chief Technology Officer (CTO), while Hansuk Kim holds the position of Co-Founder and Chief Executive Officer (CEO). These two individuals established PMX with the vision of creating a decentralized finance platform. Since its launch on July 31, 2021, PMX has been operating on the Base blockchain, aiming to provide innovative financial solutions in the cryptocurrency space. The founders' expertise in technology and business has been instrumental in shaping the development and growth of PMX in the competitive Web3 ecosystem.

PMX operates as a dual-purpose token within the Primex protocol, serving as both a utility and governance token. As a utility token, PMX enables users to access various platform services and features. For governance, PMX holders can participate in decision-making processes that shape the protocol's future development and policies. Key functions of PMX include: 1. Staking: Users can stake PMX to earn rewards and gain voting power. 2. Fee discounts: Holding PMX provides discounts on trading fees. 3. Liquidity mining: Users can earn additional PMX by providing liquidity to the protocol. 4. Voting rights: PMX holders can vote on protocol upgrades and parameter changes. 5. Collateral: PMX can be used as collateral for certain platform operations. The total supply of PMX is 3K PMX, with 108.3M PMX currently in circulation. As of 2025-08-02, PMX is trading at $162.93 with a 24-hour trading volume of $1.38M. The market cap stands at $17.64B, ranking it 13 among all cryptocurrencies. By integrating utility and governance functions, PMX aims to align user incentives with the protocol's long-term success and foster a decentralized ecosystem for DeFi trading and lending.

The technical architecture of PMX is built on a dual-chain structure, utilizing both Solana SPL and Ethereum ERC-20 token standards. This hybrid approach allows PMX to leverage the speed and low fees of Solana while also tapping into Ethereum's robust ecosystem. At its core, PMX employs smart contracts to track and mirror the price of the underlying Philip Morris stock. The system uses oracles to fetch real-time stock price data and update the token value accordingly. The architecture includes a liquidity pool mechanism to ensure smooth trading and price stability. Advanced order types and risk management features are also integrated into the protocol. For security, PMX implements multi-signature wallets, regular audits, and fail-safe mechanisms. The cross-chain bridge facilitating transfers between Solana and Ethereum networks is secured by a decentralized validator set. This innovative dual-chain design allows PMX to offer regulatory-compliant stock price exposure while retaining the benefits of blockchain technology, such as 24/7 trading, fractional ownership, and programmability.

The future and roadmap of PMX looks promising. The project aims to expand cross-chain to enhance liquidity and accessibility in the DeFi space. Key plans include: 1. Integration with multiple blockchains beyond Solana and Ethereum to increase market reach and adoption. 2. Launching new features to improve the tracking of Philip Morris stock prices on-chain. 3. Partnerships with major DeFi protocols to boost utility and liquidity of PMX tokens. 4. Continuous improvements to the regulatory compliance framework to ensure long-term sustainability. 5. Expanding the range of tokenized stocks offered beyond Philip Morris. By 2026, PMX aims to be integrated with at least 5 major blockchain networks. The team is focused on increasing the total value locked (TVL) and daily trading volume significantly. While price predictions are speculative, some analysts project PMX could reach $173.52 by 2026 if adoption continues to grow rapidly. Overall, PMX is positioning itself as a key player in bringing traditional stocks to the blockchain.