-4.10%
N/A
(24H)
0.000006746 BTC
-1.51%
(24H)
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$1.31 B
$22.15 M
1.95 B MATIC
10 B MATIC
10 B MATIC
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Ethereum
0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0
Polygon
0x0000000000000000000000000000000000001010
BNB Smart Chain (BEP20)
0xcc42724c6683b7e57334c4e856f4c9965ed682bd
Polygon’s price today is US$0.668, with a 24-hour trading volume of $22.15 M. MATIC is +0.00% in the last 24 hours.MATIC has a circulating supply of 1.95 B MATIC and a max supply of 10 B MATIC.
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.
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.
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.
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.
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Polygon Price
$0.668
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Amount
MATIC
Rate is for reference only. Updated
Ethereum
0x7D1AfA7B718fb893dB30A3aBc0Cfc608AaCfeBB0
Polygon
0x0000000000000000000000000000000000001010
BNB Smart Chain (BEP20)
0xcc42724c6683b7e57334c4e856f4c9965ed682bd
Polygon Price
$0.668
24h high / 24h low
N/A
7d high / 7d low
N/A
30d high / 30d low
N/A
90d high / 90d low
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All-time high / All-time low
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Trending
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