Coins
21,700
Market Cap
$2,717.45 B USD
24H Change

+0.71%

24H Volume
$87.94 B USD
Dominance
BTC: 49.80%, ETH: 16.46%
ETH Gas
5 Gwei

MATIC

Polygon

MATIC

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$0.7249 USD

N/A

(24H)

0.00001044 BTC

-4.84%

(24H)

Polygon Price Chart (USD)

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Market Cap (USD)

$6.73 B

24H VOLUME (USD)

N/A

Circulating Supply

9.28 B MATIC

Max Supply

10 B MATIC

Total Supply

N/A

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General Information

Contract Address

  • icon

    Ethereum

    0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0


  • icon

    Polygon

    0x0000000000000000000000000000000000001010


  • icon

    BNB Smart Chain (BEP20)

    0xcc42724c6683b7e57334c4e856f4c9965ed682bd


About Polygon

Rank #19

Polygon Price Summaries

Latest Data

Polygon’s price today is US$0.7249, with a 24-hour trading volume of $N/A. MATIC is +0.00% in the last 24 hours.MATIC has a circulating supply of 9.28 B MATIC and a max supply of 10 B MATIC.


What is Polygon?

Polygon is a decentralised Ethereum scaling platform that seeks to enable developers to build secure, scalable, user-friendly DApps with low transaction fees. The project offers several Ethereum scaling solutions, the core component of which is Polygon SDK, a modular, flexible framework that supports the development of many types of decentralised apps.

A brief history of Polygon

Polygon was launched in October 2017 under its previous name Matic Network, which remains the brand that is used for its token (MATIC). Polygon’s team contributed greatly to the Ethereum ecosystem, with solutions such as Plasma MVP, the WalletConnect protocol, and the widely-used Dagger event notification engine on Ethereum. It has since moved into its own blockchain network in 2019.

How Polygon works

Polygon describes its platform as a Layer 2 scaling solution that reduces the complexity of scaling blockchain solutions and facilitates faster blockchain transactions. Using a custom version of the Plasma framework that is built on proof of stake (PoS) checkpoints on the main Ethereum blockchain, Polygon allows each sidechain on its network to achieve up to 65,536 transactions per block. The sidechains created on Polygon are designed to support DeFI (decentralised finance) protocols on Ethereum.

What is Polygon used for?

MATIC, the cryptocurrency of the Polygon network, is mainly used to secure its proof of stake network through several validators, which receive additional MATIC tokens as a reward for staking their tokens.

Frequently asked questions about Polygon

What blockchain is Polygon helping to scale?


Who owns Polygon?


What wallet can I store MATIC in?


More about Polygon

Website

Where can you buy Polygon?

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MATIC Price Statistics

Polygon Price

$0.7249

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Currency Converter

Amount

MATIC

MATIC

1 MATIC = 0.7249 USD

Rate is for reference only. Updated

General Information

Contract Address

  • icon

    Ethereum

    0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0


  • icon

    Polygon

    0x0000000000000000000000000000000000001010


  • icon

    BNB Smart Chain (BEP20)

    0xcc42724c6683b7e57334c4e856f4c9965ed682bd


MATIC Price Statistics

Polygon Price

$0.7249

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Company

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