Bubble
Immutable IMX
Immutable (IMX) was trading at $0.1229, ranked #247 by market cap at $108.11M, with 24h volume of $14.83M.
Data snapshot: 2026-09-02 12:15 UTC.
Immutable is an Ethereum layer-2 built specifically for games, offering gas-free NFT minting and trading so a player never has to think about transaction fees while playing. Its bet is that games fail on crypto friction rather than on crypto economics, and it now runs both the original StarkEx-based rollup and its own zkEVM chain. Immutable is a rollup built for one industry: games. Its infrastructure handles the parts studios do not want to build — minting, wallets, marketplaces and gas-free trading for players — so that a game does not need blockchain engineers to ship. Because its fortunes are tied to whether crypto games find real audiences, IMX has historically traded with the gaming and NFT complex rather than with the Layer 2 group it belongs to technically. On a sector view that is the more useful comparison to make.
What is Immutable built for?
Blockchain games specifically — providing minting, wallets, marketplaces and trading infrastructure so studios do not build that layer themselves.
Why do players not pay gas?
The rollup design and the platform's fee model are set up so that trading and minting costs are absorbed or minimised rather than charged per action to players.
Does IMX trade with Layer 2 tokens or gaming tokens?
Historically more with gaming and NFT tokens, because its demand driver is game adoption rather than general rollup usage.
What is IMX used for?
It is used for fees on the platform, staking, and governance of the protocol.
Market cap decides how big a bubble is drawn, so rank is what places IMX on the map relative to the rest of its sector.
| Rank | Coin | Market cap |
|---|---|---|
| #166 | Optimism (OP) | $216.83M |
| #174 | Starknet (STRK) | $187.08M |
| #247 | Immutable (IMX) | $108.11M |
| #283 | ZKsync (ZK) | $91.69M |
| #289 | Plume (PLUME) | $89.37M |