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Polygon (MATIC) price
Polygon (MATIC) live price in US dollar (USD). View value statistics, market cap and supply.
MATIC price chart
|
Price to USD
| 24h change |
|---|---|
$
1.35
|
-4.69%
|
Convert MATIC to USD
Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.
MATIC value statistics
An overview showing the statistics of Polygon, such as the base and quote currency, the rank, and trading volume.
 | Price to USD | $ 1.35 | |
|---|---|---|---|
 | Price to BTC | 0.0000283 BTC | |
 | Rank | 24 | |
 | 24h volume | $ 589.64 million | |
 | Market cap | $ 8.99 billion | |
| Fully diluted market cap | $ 13.52 billion | |
 | All-time high (daily avg.) | $ 2.29 | on 5/18/2021 |
Supply information
View the total and circulating supply of Polygon, including details on how the supplies are calculated.
| Circulating supply | 6.65 billion MATIC |
|---|---|
| Total supply | 10.00 billion MATIC |
| Smart contract address | 0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0 |
| Issuance blockchain | Ethereum |
What is Polygon
Polygon (previously Matic Network) aims to bring massive scale to the Ethereum blockchain using an adapted version of Plasma with PoS based side chains. According to the project, the current blockchain ecosystem is not prepared for the demand of all decentralized apps. The issues of slow block confirmations and high gas fees need to be solved before it's going to be adopted by the mass.
Consensus mechanism
The system ensures liveliness using PoS checkpoints which are pushed to the Ethereum mainchain. This enables a single Polygon sidechain to theoretically achieve 216 transactions per block, and possibly millions of transactions on multiple chains in the future.
Polygon wants to change the scaling problem and the interaction between users and the decentralized world. The project aims to make interacting with the decentralized ecosystem so easy that anyone can do so without worrying about the complexity of the system.
Polygon architecture
Polygon is building a decentralized platform using an adapted version of Plasma framework that provides a solution for faster and low-cost transactions with finality on the main chain.
Top Polygon exchanges
The top crypto exchanges that have Polygon available for trading, ranked by 24h trading volume and the current price.
| Exchange | 24h volume |
|---|---|
|
$
171.00 million
$
1.35
| |
|
$
69.55 million
$
1.35
| |
|
$
39.38 million
$
1.35
| |
|
$
37.33 million
$
1.35
| |
|
$
29.09 million
$
1.35
|
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