IoTeX Network Overview
IoTeX is a privacy-centric blockchain designed for the Internet of Things (IoT), enabling secure communication and value exchange between devices and users. Launched in 2017, it combines Ethereum compatibility with a proprietary Roll-DPoS consensus mechanism for high scalability and low-latency transactions.
Key Features:
- EVM-compatible blockchain for seamless smart contract deployment.
- Roll-DPoS consensus ensures fast finality (5-second block times) and supports millions of IoT devices.
- IOTX token utility: Powers transactions, staking, governance, and device registration.
IoTeX Price Converter & Market Data
Use real-time tools to track IOTX to USD rates and historical trends. The token’s value is driven by:
- Adoption of IoT applications like Ucam and Pebble.
- Network upgrades (e.g., decentralized oracles, machine-to-machine payments).
Supported Platforms
Trade IOTX on top exchanges:
- OKX 👉 Buy IOTX
- Binance, Coinbase, KuCoin
IoTeX Ecosystem Projects
| Project | Description |
|------------------|---------------------------------------------|
| Ucam | Privacy-first home security camera |
| Pebble | GPS tracker for verifiable real-world data |
| Mimo DEX | Cross-chain decentralized exchange |
👉 Explore more ecosystem projects
FAQs
What is IoTeX used for?
IoTeX enables trustless IoT device coordination, allowing machines to autonomously transact and share data via blockchain.
How does Roll-DPoS work?
A hybrid of Delegated Proof-of-Stake and rollup technology, it delegates validation to 100+ elected nodes for efficiency.
Where can I stake IOTX?
Stake via IoTeX’s official wallet or supported exchanges like OKX for annual yields up to 8%.
About the Team
Headquartered in Silicon Valley, IoTeX’s team includes ex-Google, Facebook, and Uber engineers. Founders Raullen Chai (ex-Uber cryptography lead) and Qevan Guo (ex-Facebook) drive its vision for a machine-centric economy.
For real-time IOTX price updates, visit 👉 OKX Market.