# IMX-USD · catalysts, narrative & risks

**Deep-research report — K3vl4r**  
**Symbols:** IMX-USD  
**Sources:** 19  
**Published:** 2026-09-27  
**Canonical:** https://app.k3vl4r.com/research/deep-research-imx-usd-catalysts-narrative-risks-4001

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Below is a point‑in‑time profile of IMX (Immutable) as of 2026‑09‑27, organized around your four requested buckets. Because several trackers disagree with one another, I flag those conflicts explicitly rather than smoothing them over.

## Identity (context, matches your brief)
IMX is the native token of Immutable, an Ethereum Layer‑2 built for blockchain gaming and NFTs using zero‑knowledge rollups developed with StarkWare [[5]](https://messari.io/project/immutable), [[10]](https://app.tokenomics.com/tokenomics/immutable-x). The company was founded in 2018 as Fuel Games and rebranded to Immutable in 2019, headquartered in Sydney [[13]](https://en.wikipedia.org/wiki/Immutable_(company)). It operates one live network (Immutable X) with a second (Immutable zkEVM) in development [[5]](https://messari.io/project/immutable). Fixed max supply is 2 billion IMX [[9]](https://tokenradar.ai/tokens/immutablex/tokenomics), [[10]](https://app.tokenomics.com/tokenomics/immutable-x).

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