Buy Polygon - POL Price Today, Live Charts and News

What is Polygon?

Polygon (previously Matic Network) is a decentralized Ethereum scaling platform that enables developers to build user-friendly apps with low transaction fees. It was created in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Polygon claims to be able to process up to 65,000 transactions per second with network fees of a fraction of a cent. The native token used to pay for transaction fees on Polygon is called MATIC, which has a maximum total supply of 10 billion. MATIC is an Ethereum-based ERC-20 token, but it can also be bridged to the Polygon network.

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Polygon News

Decrypt 6d

Miden Spins Out From Polygon Labs, Raises $25M to Launch Own Chain

In brief Miden, a zero-knowledge blockchain protocol spun out of Polygon Labs, raised $25 million in a round led by a16z crypto, 1kx, and Hack VC. The funding...

CoinDesk 6d

Polygon Spin-Off Miden Secures $25M to Bring Speed, Privacy to Institutional Giants

Miden, a protocol specializing in privacy and fast transaction speeds for large institutions, is spinning out of Polygon and has raised $25 million in a seed ro...

The Block 6d

Polygon spin-off Miden raises $25 million in seed funding for privacy-focused blockchain

Miden, a zero-knowledge rollup project originally developed under Polygon Labs, has spun out as an independent entity and raised $25 million in seed funding for...

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