Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks
24h Trade Volume
All-Time-High (ATH) Price
Polygon (MATIC) is a cryptocurrency token generated on the Ethereum blockchain.The max. supply of Polygon that will ever be issued is 10.00 Billions tokens, and the current supply of MATIC in circulation is 6.11 Billions tokens.
Current Polygon price is $ 1.10 moved down to -1.13% for the last 24 hours.
All time high (ATH) price of Polygon reached $ 1.22 on 12 May 2021 and fallen -10.2% from it.
Polygon's share of the entire cryptocurrency market is 0.29% with the market capitalization of $ 6.71 Billions.
Polygon’s 24 trading volume is $ 1.55 Billion. It is trading on 65 markets and 36 Exchanges the most active of them is Binance.
Polygon Price Chart
Polygon price Index provides the latest MATIC price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Polygon to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
Polygon Performance USD
|24H||-$ 0.0125||-1.13%||$ 1.17||$ 1.00|
|7D||$ 0.318||+40.8%||$ 1.22||$ 0.734|
|14D||$ 0.181||+19.8%||$ 1.22||$ 0.694|
|1M||$ 0.659||+149.6%||$ 1.22||$ 0.299|
|3M||$ 0.978||+807.9%||$ 1.22||$ 0.0831|
|6M||$ 1.08||+6,400.5%||$ 1.22||$ 0.0148|
|YTD||$ 1.08||+6,166.7%||$ 1.22||$ 0.0171|
|1Y||$ 1.08||+5,351.7%||$ 1.22||$ 0.0118|
What is Polygon
Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger.
Scalability: Fast, low-cost and secure transactions on Matic sidechains with finality achieved on mainchain and Ethereum as the first compatible Layer 1 basechain
High Throughput: Achieved up to 10,000 TPS on a single sidechain on internal testnet; Multiple chains to be added for horizontal scaling
User Experience: Smooth UX and developer abstraction from mainchain to Matic chain; Native mobile apps and SDK with WalletConnect support
Security: Matic chain operators are themselves stakers in the PoS system
Public Sidechains : Matic sidechains are public in nature (vs. individual DApp chains), permissionless and capable of supporting multiple protocols