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CRYPTO MARKET / ASSET
Polygon (MATIC)
Polygon  MATIC
$0.2139
1.45%  +$0.0031    LOW: $0.2101  /  HIGH: $0.2177  (24H)
1.45%  +$0.0031
LOW: $0.2101  /  HIGH: $0.2177  (24H)
Polygon (MATIC) Stats / Specs
FULL MARKET CAP
$2.13 B
TOTAL VOLUME 24H ($)
$1.1 M
CIRCULATING SUPPLY
1,482,522,001
TOTAL CURRENT SUPPLY
9,971,951,068
MATIC / USD Conversion
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Overview

Polygon (MATIC) is an Ethereum scaling solution. A parallel blockchain that users can bridge their tokens to and interact with through compatible wallets. Secured by a Proof-of-Stake consensus, MATIC is used for fees and staking rewards.

Key Resources
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WEISS RATING
B
CHAINS
LINKS
DOCS / CODE
SOCIALS
X
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# Exchange Open (24H) Volume (24H) Range (24H) Flow Price Change (24H)
1 ascendex AscendEX
USD
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3 Bitfinex Bitfinex
USDT, USD, BTC
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4 Bitso Bitso
USD
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5 Bitstamp Bitstamp
EUR, USD
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6 blockchaincom Blockchain Exchange
USD
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7 Coinbase Coinbase
USD, GBP, EUR, USDT, BTC
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8 CoinJar CoinJar
AUD, USD, USDT, EUR, USDC
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9 Gemini Gemini
USD, GUSD
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10 huobijapan BitTrade
JPY
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11 IndependentReserve Independent Reserve
NZD, SGD, USD, AUD
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12 LAToken LATOKEN
USDT
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13 Luno Luno
AUD, MYR, IDR, BTC, ZAR, NGN
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14 MercadoBitcoin Mercado Bitcoin
BRL
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15 Yobit Yobit
USD
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16 Zaif Zaif
JPY, BTC
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Time Ranges
1 HOUR +0.28%
24 HOURS +1.1%
7 DAYS -9.6%
30 DAYS access_time
UPDATED: 01/06/2025 16:15
24h USD Activity
SPOT MOVING CHANGE $0.0055456423
+2.66%
SPOT MOVING QUOTE VOLUME $1,563,112.42
SPOT MOVING QUOTE USD VOLUME $1,231,769.36
CIRCULATING MARKET CAP $317,535,269.73
TOTAL MARKET CAP $2,136,460,908.98
UPDATED: 31/05/2025 23:56
Supply & Distribution
SUPPLY
ISSUED 9,971,951,068 (100%)
TOTAL CURRENT 9,971,951,068
DISTRIBUTION
  CIRCULATING 1,482,098,811
  LOCKED 8,489,852,258
  BURNT 28,048,932
Specification
LAUNCHED 30/05/2020
TEAM
JAYNTI KANANI (FOUNDER)
SANDEEP NAILWAL (FOUNDER)
ANURAG ARJUN (FOUNDER)
MIHAILO BJELIC (FOUNDER)
DECIMAL POINTS 18
CIRCULATING SUPPLY 1,482,098,811
TOTAL CURRENT SUPPLY 9,971,951,068
TYPE
TOKEN
PARENT ASSET
POL
SECTORS
PLATFORM
CROSS CHAIN INFRASTRUCTURE
BRIDGES / PLATFORMS
CUSTODIANS
SUPPORTED STANDARDS
ERC20
ERC1155
LAYER 2 SOLUTIONS
POLYGON NIGHTFALL (ROLLUP)
POLYGON POS (SIDECHAIN)
Publications & Reports
WHITEPAPER
system_update_alt The official MATIC Whitepaper
ROADMAP
system_update_alt This Roadmap is available on the project website
TOKEN ECONOMICS
system_update_alt Source: https://forum.polygon.technology/t/a-deep-dive-into-polygon-matic/1826
AUDIT
system_update_alt Certik Audit
ESG REPORT
system_update_alt Polygon Governance (Uploaded on 01/06/2023)
ANNOUNCEMENT
system_update_alt MATIC to POL Migration Announcement
Explorers
polygonscan.com
https://polygonscan.com
UPDATED: 01/06/2025 16:15
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# Chain / Bridge Asset Issuer Inherited Decimals Start / End Token Standard Trading As
1
check check 18 30/05/2020
ERC20
MATIC | Polygon MATIC   
2
check check 18 20/04/2019
ERC20
MATIC | Polygon MATIC   
3
check check 18 30/11/2021
ERC20
RENMATIC | RENMATIC   
4
check check 18 26/11/2021
BEP20
RENMATIC | RENMATIC   
5
check check 18 26/11/2021
ERC20
RENMATIC | RENMATIC   
6
check check 18 08/06/2022
ERC20
RENMATIC | RENMATIC   
7
check check 18 01/12/2021
ERC20
RENMATIC | RENMATIC   
8
check check 18 05/07/2022
ERC20
RENMATIC | RENMATIC   
9
check check 18 30/07/2022
ERC20
RENMATIC | RENMATIC   
10
check check 18 01/10/2020
ERC20
WMATIC | Wrapped Matic WMATIC   
11
check check 18 02/11/2021
BEP20
WWMATIC | Wrapped Polygon WWMATIC   
12
check check 18 18/11/2021
ERC20
WWMATIC | Wrapped Polygon WWMATIC   
13
check check 18 22/12/2021
ERC20
WWMATIC | Wrapped Polygon WWMATIC   
14
check check 8 09/11/2021
SPL
WWMATIC | Wrapped Polygon WWMATIC   
15
check check 8 02/05/2023
SUI20
WWMATIC | Wrapped Polygon WWMATIC   
16
check check 18 08/03/2021
ERC20
EMATIC | Wrapped Polygon EMATIC   
17
check check 18 17/06/2022
ERC20
MMATIC | Wrapped Polygon MMATIC   
18
check check 18 29/10/2021
ERC20
MMATIC | Wrapped Polygon MMATIC   
19
check check 18 20/10/2022
ERC20
MMATIC | Wrapped Polygon MMATIC   
20
check check 18 29/12/2021
ERC20
MMATIC | Wrapped Polygon MMATIC   
21
check check 18 22/12/2021
ERC20
MMATIC | Wrapped Polygon MMATIC   
22
check check 18 22/09/2022
ERC20
MMATIC | Wrapped Polygon MMATIC   
23
check check 18 09/11/2021
ERC20
MMATIC | Wrapped Polygon MMATIC   
24
check check 18 10/11/2021
CRC20
MMATIC | Wrapped Polygon MMATIC   
25
check check 18 04/03/2021
BEP20
BPMATIC | Binance-Peg Polygon BPMATIC   
26
check check 18 26/02/2021
HRC20
HPMATIC | HPMATIC   
Layer 2 Solutions
ROLLUP
Polygon Nightfall
Polygon Nightfall is an Optimistic Rollup designed to lower the cost of privately transferring ERC20, ERC721 and ERC1155 tokens. It uses an Optimistic Rollup to reduce transaction fees and zero knowledge proofs for privacy. The Optimistic Rollup contracts are deployed on Ethereum (Layer 1). Proposers roll up transactions into blocks and submit them to the Optimistic contracts. Challengers submit fraud proofs for any invalid block to the same contracts. All the information required to perform a private transfer exists with clients and does not rely on any off-chain third party.
SIDECHAIN
Polygon PoS
Polygon PoS is a solution that achieves unprecedented transaction speed and cost savings by utilizing side-chains for transaction processing. At the same time, POS ensures asset security using the robust Plasma bridging framework and a decentralized network of Proof-of-Stake (PoS) validators.
Token Sale 1

The Polygon Early Supporters sale was conducted on the 26th of April, 2019, at a rate of 1 MATIC = 0.00263 USD and raised a total of USD 450,000, selling 1.71% of the total token supply.

TYPE IEO
START 26/04/2019
END 26/04/2019
SALE TEAM
ANURAG ARJUN
JAYANT KANANI
SANDEEP NAILWAL
SALE URL https://polygon.technology
JURISDICTION
INDIA
REGULATORY FRAMEWORK
UNREGULATED
LEGAL FORM
INC
SECURITY AUDIT
CERTIK
SALE SUPPLY 171,000,000
POST SALE SUPPLY STATUS INCREASES
PAYMENT METHOD FIAT CRYPTO
START PRICE 0.0026300000 USD
FUNDS RAISED 1,900,610,000.00 MATIC
TOTAL FUNDS RAISED (USD) $450,000.00
INVESTOR TOKEN SPLIT
OTHER: 171,000,000.00
RESERVE TOKEN SPLIT
COMPANY: 5,719,000,000.00
TEAM: 2,000,000,000.00
Token Sale 2

Polygon Seed Round Sale was conducted on the 26th of April, 2019, at a rate of 1 MATIC = 0.00079 USD and raised a total of USD 165,000, selling 2.09% of total token supply.

TYPE IEO
START 26/04/2019
END 26/04/2019
SALE TEAM
ANURAG ARJUN
JAYANT KANANI
SANDEEP NAILWAL
SALE URL https://polygon.technology
JURISDICTION
INDIA
REGULATORY FRAMEWORK
UNREGULATED
LEGAL FORM
INC
SECURITY AUDIT
CERTIK
SALE SUPPLY 209,000,000
POST SALE SUPPLY STATUS INCREASES
PAYMENT METHOD FIAT CRYPTO
START PRICE 0.0007900000 USD
TOTAL FUNDS RAISED (USD) $165,000.00
INVESTOR TOKEN SPLIT
OTHER: 209,000,000.00
Token Sale 3

Polygon Launchpad sale tokens comprise 19% of total supply. It was conducted in April 2019 for a total raise of approximetly $5,000,000 USD worth of BNB at approximetly $0.00263 per token for 19% of the total token supply. The BNB to MATIC rate was determined on the day of the sale.

TYPE IEO
START 26/04/2019
END 26/04/2019
SALE TEAM
ANURAG ARJUN
JAYANT KANANI
SANDEEP NAILWAL
SALE URL https://polygon.technology
JURISDICTION
INDIA
REGULATORY FRAMEWORK
UNREGULATED
LEGAL FORM
INC
SECURITY AUDIT
CERTIK
SALE SUPPLY 1,900,000,000
POST SALE SUPPLY STATUS INCREASES
PAYMENT METHOD CRYPTO
START PRICE 0.0026300000 USD
FUNDS RAISED 1,901,140,684.41 BNB
TOTAL FUNDS RAISED (USD) $5,000,000.00
INVESTOR TOKEN SPLIT
PUBLIC: 1,900,000,000.00
Equity Offering

Blockchain scalability platform Polygon secured $450K in its seed funding round on April 30, 2019. The funding played a key role in Polygon's early development, aiding its mission to tackle blockchain scalability. The pre-money valuation was set at $450K, reflecting investor confidence in the project's potential. This funding laid the foundation for Polygon's growth and technological advancement in the blockchain space.

SALE STAGE SEED
NAME Polygon
ANNOUNCED 30/04/2019
CLOSED 30/04/2019
SALE TEAM
ANTONI MARTIN (FOUNDER AND POLYGON ENTERPRISE LEAD)
ANURAG ARJUN (CO-FOUNDER)
BOBBIN THREADBARE (CO-FOUNDER)
BRENDAN FARMER (CO-FOUNDER & CHIEF EXECUTIVE OFFICER)
DANIEL LUBAROV (CO-FOUNDER)
DAVID SCHWARTZ (FOUNDER AND POLYGON ID PROJECT LEAD)
JAYNTI KANANI (CO-FOUNDER)
JORDI BAYLINA (CO-FOUNDER AND TECHNICAL LEAD POLYGON ID)
MIHAILO BJELIC (CO-FOUNDER)
SANDEEP NAILWAL (CO-FOUNDER)
SALE URL https://polygon.technology
TOTAL FUNDS RAISED (USD) $450,000.00
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