An EVM-compatible Layer 1 blockchain for DePIN and the machine economy, IoTeX offers device identity and verifiable real-world data via W3bstream with low-cost, fast transactions.
IoTeX Network is an EVM-compatible Layer-1 (native token: IOTX) purpose-built for the real‑world asset and DePIN/machine economy, enabling devices and sensors to register identities, attest data, and transact autonomously. Primary use cases include verifiable sensor/geolocation data, tokenized machine assets and rewards, supply chain and mobility networks, and Web3 apps that need trusted real‑world inputs with predictable low fees. Key performance: ~5s block time, sub‑cent average gas (often ~$0.001–$0.01), and throughput in the hundreds to low‑thousands TPS depending on network load.
IoTeX is unique for its full DePIN stack—W3bstream off‑chain compute, hardware‑backed attestations via Trusted Execution Environments, and native device identity—so dApps can verify real‑world events (proof‑of‑location, proof‑of‑sensing, usage) before settling to the EVM. Paired with Roll‑DPoS consensus and EVM tooling, it delivers fast, inexpensive settlement that’s easy to build on; observed activity has reached hundreds of thousands of daily transactions at peaks while maintaining fees far below most L1s. This combination of verifiable real‑world data, low-cost performance (~5s blocks, sub‑cent gas, 100s–1,000s TPS), and Ethereum compatibility differentiates IoTeX from general‑purpose chains.
IoTeX Network uses IOTX as the gas token for transaction fees. You can obtain IOTX by bridging from other chains or purchasing using thirdweb Bridge.
To bridge IOTX to IoTeX Network, connect your wallet to thirdweb bridge, select your source chain, choose the token you want to bridge, select IoTeX Network as the destination, enter the amount, and confirm the transaction. The bridge will handle the cross-chain transfer instantly.
To build on IoTeX Network you can use thirdweb, which provides an easy way to build, monetize and scale your apps, games or agents. You can find detailed guides and documentation on https://portal.thirdweb.com to get started quickly.
To add IoTeX Network to your wallet, you can connect your wallet and click on [Add to Wallet] button at the top of the page. Alternatively, you can add the network manually using the RPC URL and chain details and add it to your wallet's network settings.
To send IOTX on IoTeX Network, ensure your wallet is connected to the IoTeX Network network, enter the recipient's address, specify the amount of IOTX to send, review the gas fee, and confirm the transaction in your wallet.