Price change (24h):
0.15%
High (24h):
$0.00005573
Low (24h):
$0.00005554
Volume (24h):
$1.22K
Market Cap:
$1.03M
All Time High:
42.80% $0.00
Oct 24, 2024
All Time Low:
2% $0.00
Jun 8, 2026
8.80 %(1Y)
$0.00005573
Price change (24h):
0.15%
High (24h):
$0.00005573
Low (24h):
$0.00005554
Volume (24h):
$1.22K
Market Cap:
$1.03M
All Time High:
42.80% $0.00
Oct 24, 2024
All Time Low:
2% $0.00
Jun 8, 2026
IDRX (IDRX) is a cryptocurrency launched in 2023. It categorizes firmly as a fiat-backed stablecoin, engineered to reflect the precise value of one Indonesian rupiah per token.
The asset functions as a programmable rupiah for decentralized applications. Its primary friction target is the prohibitive cost and latency of cross-border rupiah settlement through legacy banking infrastructure. Builders on Polygon and companion chains integrate IDRX to settle transactions, invoice, and collateralize positions without exposing users to cryptocurrency price swings.
IDRX operates on the Polygon network as a multi-chain token, with live deployments on Solana, BNB Chain, Base, Gnosis Chain, Kaia, Etherlink, World Chain, and Lisk. Its architecture spans both EVM and non-EVM runtimes, achieving a footprint uncommon among single-currency stablecoins. This cross-chain sprawl ensures liquidity fragmentation is minimized by identical contract addresses on EVM forks.
The token conforms to the ERC-20 standard on Polygon, Base, BNB Chain, Gnosis, Kaia, Etherlink, World Chain, and Lisk, while Solana hosts an SPL variant. That shared contract hash—`0x18bc5bcc66…`—across numerous EVM networks simplifies wallet integration and custodian indexing. No new consensus layer was built; IDRX inherits the security guarantees of each host chain.
The project materialized in June 2023 without a named founder or formal entity. Its whitepaper appeared on a Gitbook repository, detailing the one-to-one fiat peg and redemption mechanics. Adoption since then has concentrated within Indonesian fintech circles and cross-chain arbitrage communities. The quiet launch contrasts with the typical venture-backed stablecoin playbook.
The long-term aim is to onboard the Indonesian rupiah—a currency representing one of Southeast Asia’s largest economies—onto permissionless financial rails. Doing so sidesteps the correspondent banking bottlenecks that choke rupiah liquidity outside domestic hours. The project positions the token as a building block for regional remittance corridors and decentralized FX markets.
Mechanistically, IDRX is a claim token: each unit represents a redeemable obligation for one rupiah held in authorized custodial reserves. Smart contracts freeze or mint tokens as reserves shift, enforcing the peg algorithmically and through off-chain attestations. The token serves as recurring gas payment in some application-specific rollups that denominate fees in rupiah terms.
Arbitrage bots buy IDRX near $0.000058 when discounts appear, redeem the underlying rupiah, and push the price back to par. Liquidity providers deposit IDRX into stable-specific automated market makers on QuickSwap or Raydium to capture rupiah-denominated swap fees. Merchants settling e-commerce sales in IDRX avoid payment processor chargebacks while receiving instantly finalized on-chain value.
IDRX has a total supply of 18,534,124,233.14 tokens. Currently, 18,534,124,233.14 are in circulation. With a market capitalization of $1,076,179, IDRX (IDRX) ranks #2,899 among all cryptocurrencies.
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 13/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 12/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 11/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 10/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 09/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 08/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 07/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
| 06/06/2026 | $0.00 | $0.00 | $0.00 | $0.00 |
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