Polygon (MATIC) Live Price Chart

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Polygon (MATIC) (Key metrics)
Name Price 24 hr Market Cap Circulating Supply
coinGapePolygon (MATIC) $0.72356600 1.58% $6,716,822,308 9,282,943,566

Polygon (MATIC) Search Trends

7d 30d 90d 1y

What is the trading volume of Polygon (MATIC) in the past 24 hours ?

Polygon (MATIC) (MATIC) is currently trading at $0.72356600 today, with a 24-hour trading volume of $474,612,436. The trading volume of Polygon (MATIC) in the past 24 hours provides insight into the total amount of a cryptocurrency traded on exchanges within 24 hours. It indicates market activity and liquidity.

What is the all-time high for Polygon (MATIC) ?

The highest transaction price for Polygon (MATIC) is $3, which was recorded on . Polygon (MATIC) is down -75.03% from its all-time high.

What is the Total supply of the Polygon (MATIC) ?

The total supply of Polygon (MATIC) stands at 10,000,000,000. However, Polygon (MATIC)'s current circulation supply stands at 9,282,943,566.

Polygon (MATIC) Explorers

The on-chain data of the Polygon blockchain can be tracked by using Polygonscan.com and Polygon Explorer blockchain explorer platforms. OKlink also works as a Polygon blockchain explorer.

How is the Polygon (MATIC) doing against the crypto market?

Historically, Polygon (MATIC)'s price has dictated the movements in the crypto market. However, in the past 24 hours, Polygon (MATIC) is up by 1.58%.

What makes Polygon different?

Polygon is a self-proclaimed layer two scaling solution, which suggests that the project does not seek to upgrade its existing basic blockchain layer soon. The project focuses on reducing the complication of scalability & instant blockchain transactions.

Polygon uses a customized version of the Plasma framework built on PoS checkpoints that run via the Ethereum main chain. This unique technology enables each sidechain on Polygon to achieve approximately 65,536 transactions for every block. Commercially, the sidechains of Polygon are structurally designed to support several DeFi protocols available in the Ethereum ecosystem.

Who Are the Founders of Polygon MATIC?

Sandeep Nailwal, Jaynti Kanani, Anurag Arjun, and Mihailo Bjelic are the founders of Polygon Matic layer2 network, It was originally called the MATIC network and rebranded to Polygon Matic in 2021.

 

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Polygon (MATIC) Frequently Asked Questions (FAQs)

1. How many Polygon tokens are there in circulation?

MATIC tokens are released every month. MATIC has a maximum supply of 10,000,000,000 MATIC tokens.

2. How Is the Polygon Secured?

As Polygon utilizes a network of PoS validators for asset security, staking is vital to the Polygon ecosystem. Validators on the network stake their MATIC tokens in the form of collateral to participate in the network’s PoS consensus mechanism and receive MATIC tokens in return. Members of the network not willing to become validators are allowed to delegate their MATIC tokens to another validator. However, they can still participate in their staking process & earn staking rewards. In addition to the PoS checkpointing, Polygon utilizes block producers at the block producer layer to gain a higher degree of decentralization. These block producers give completeness to the leading chains employing checkpoints and fraud-proof tools.

3.  Where can you buy Polygon (MATIC)?

Being one of the projects that contributed massively to the development of the Ethereum ecosystem, MATIC is prevalent among online exchanges that focus on Defi. The top exchanges where you can buy, sell, and trade MATIC include Binance, Coinbase, BTCEX, MEXC, CoinW, Bitrue, and KuCoin. Common MATIC price pairs are MATIC/USD, MATIC/GBP, MATIC/AUD, MATIC/EUR, and MATIC/JPY.  

MATIC
USD
Bitcoin BTC
$63125.346 -1.36%
Ethereum ETH
$3246.245 +3.11%
Tether USDT
$1.001 +0.07%
$593.026 -1.83%
USDC USDC
$1 -0.04%
XRP XRP
$0.519768 -1.23%
OKB OKB
$52.891 +0.28%
Cardano ADA
$0.464192 -0.66%
Dogecoin DOGE
$0.147822 -1.28%
Dai DAI
$1.001 -0.03%
TRON TRX
$0.120101 -0.1%