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An icon of the cryptocurrency Polygon (MATIC)

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.

Details
Total supply 10.00 billion MATIC
Burned, team or smart contract locked balances. - 3.35 billion MATIC
Circulating supply 6.65 billion MATIC
Verified supply
66.5%
Updated 5 hours ago
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
All MATIC exchanges

Top Polygon markets

A list of the top Polygon markets across all crypto exchanges based on the highest 24h trading volume, with their current price.

Market 24h volume
1 MATIC/USDT Binance
$ 120.74 million
$ 1.35
2 MATIC/USD Coinbase Pro
$ 53.10 million
$ 1.35
$ 39.35 million
$ 1.35
$ 29.00 million
$ 1.35
5 MATIC/USDT Huobi Global
$ 21.95 million
$ 1.35
All MATIC markets
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