Messari raises funds at a $300 million valuation
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Polygon

MATIC # 16
$ 0.9430
Live

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Use the calculator to convert real-time prices between all available cryptocurrencies and fiat.

MATIC - Polygon
USD - US dollar

Price performance

Mensualmente

This is the price performance of Polygon (MATIC). It shows the percentage gains and losses for each time period.

July 2022 +94.41%
June 2022 -28.00%
May 2022 -35.99%
April 2022 -35.87%
March 2022 +0.22%
February 2022 -1.94%
January 2022 -34.96%
December 2021 +41.44%
November 2021 -7.67%
October 2021 +71.93%
September 2021 -16.11%
August 2021 +23.82%
July 2021 -8.92%
June 2021 -37.93%
May 2021 +125.30%
April 2021 +129.82%
March 2021 +62.66%
February 2021 +493.51%
January 2021 +127.27%
December 2020 -9.68%
November 2020 +36.50%
October 2020 -31.84%
September 2020 -24.12%
August 2020 +30.42%
July 2020 +7.08%
June 2020 -8.90%
May 2020 +35.31%
April 2020 +39.52%
March 2020 -45.59%
February 2020 +14.45%

Value statistics

An overview showing the statistics of Polygon, such as the base and quote currency, the rank, and trading volume.

Price to USD $ 0.9430
Price to BTC 0.0000394 BTC
Rank
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16
24h volume
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$ 580.55 million
Market cap
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$ 7.57 billion
Fully diluted market cap
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$ 9.43 billion
All-time high (daily avg.)
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$ 2.91 on 12/27/2021

Supply information

View the total and circulating supply of Polygon, including details on how the supplies are calculated.

Verified supply
80.3%
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Updated 2 hours ago
Circulating supply
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8.03 billion MATIC
Non-circulating supply
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-1.97 billion MATIC
Total supply
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10.00 billion MATIC
Ethereum contract address
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0x7d1afa7b718fb893db30a3abc0cfc608aacfebb0
Issuance blockchain
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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.

Best exchanges to buy Polygon

The top crypto exchanges that have Polygon available for trading, ranked by 24h trading volume and the current price.

Exchange 24h volume
$ 84.63 million
$ 0.9432
$ 23.16 million
$ 0.9427
$ 23.11 million
$ 0.9427
$ 17.75 million
$ 0.9649
$ 12.86 million
$ 0.9426
All MATIC exchanges

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
$ 53.27 million
$ 0.9431
$ 23.01 million
$ 0.9428
3 MATIC/USD Coinbase Pro
$ 21.95 million
$ 0.9427
4 MATIC/BUSD Binance
$ 21.89 million
$ 0.9429
5 MATIC/KRW Upbit
$ 17.73 million
$ 0.9649
All MATIC markets
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