Representations

This document provides an overview of the various formats of the IOTX token, including their respective networks, descriptions, and typical usages. Understanding these different formats is essential for users interacting with the IoTeX network and its associated DeFi applications.

NAME	FORMAT	UTILITY
IOTX	Native Token	The native token of the IoTeX L1 protocol, it's used to pay tx gas, reward validators, staking, DeFi collateral, etc...
IOTX (sometimes referred to as IOTX-E)	ERC20 on Ethereum	This token was emitted on Ethereum and mainly used for trading prior to the bootstrap of the IoTeX L1 and the native IOTX token. Now still traded on certain exchanges, like Coinbase.
IOTX	ERC20 on BNB Smart Chain	This is a Binance-Pegged IOTX token mainly utilized to participate in DeFi Dapps on BNB Smart Chain. Users can withdraw and deposit IOTX between their Binance account and their BNB wallet.
WIOTX	ERC20 on IoTeX	An ERC20-wrapped version of IOTX on the IoTeX L1. Mainly used by Dapps on IoTeX whenever they need to deal with IOTX tokens in ERC20 format, can be swapped 1:1 with the native IOTX on mimo.exchange
CIOTX	ERC20 on IoTeX, Ethereum, Polygon, BSC, Solana	This is the cross-chain variant of IOTX. Supported by bridges like iotube and wormhole, It is the most widely supported representation of IOTX for trading on decentralized exchanges (DEXes) across alternative chains. CIOTX contract addresses can be found here >.