Polygon
24h
7d
30d
Polygon
24h
7d
30d
Market Cap and Supply
Market Cap
$5,212,461,418
4.46%
Fully Diluted Market Cap
$6,555,840,642
4.46%
Circulating Supply
7,950,866,567
Supply Availability
Availabile
79.51%Not availablele
20.49%Trading Statistics24h
Volume
$208,336,682
5.10%
Open
$0.63294
Low
$0.58649
High
$0.91229
Close
$0.65555
Liquidity
Bids vs Asks (1% depth)
$7,416,822
$7,814,983.4
All Times
All time high
$2.92
All time low
$0.0031438
ATH
Current Price
$0.6555841
ATL
22.31%
General Information
Consensus
N/A
Algorithm
N/A
Sector
N/A
No. of Exchanges
21
No. of Pairs
About Polygon
What Is Polygon?
(Matic) is a utility token on the Matic Network and its MATIC token are two building blocks of the namesake Layer-2 solution designed to bring instant and scalable blockchain transactions paired with easier everyday payments and lower fees. It is designed to perform several main roles: Being a unit of payment on the Network. It is used as a means of settlement between users who take part in the operation of the Matic ecosystem.is a Matic is a Layer 2 scaling solution backed by Binance and Coinbase that aims to provide a generalized Layer 2 platform, enabling Ethereum developers to scale their DApps for large-scale usage. For the initial phase, Matic has launched its hybrid PoS+Plasma sidechain on top of Ethereum.Matic believes the answer to enabling widespread adoption of blockchain technology lies with second-layer solutions focused on scalability. To this end, Matic Network provides massive scaling capabilities whilst leveraging the security and decentralization of the mainchain. As a general-purpose platform, Matic encompasses a variety of niches ranging from gaming to DeFi, with notable projects including VR metaverse projects Decentraland, Somnium Space, The Sandbox, and Whitelabel betting platform BetProtocol.