Polygon

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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.

Key Statistics

52 Week high$0.30
24h volume$25.36M
52 Week low$0.08
Market cap$1.05B
Circulating supply10,637,071,994 POL
Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.

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Polygon News

NewsBTC 5d
Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia

Facebook paid its creators nearly $3 billion in 2025 — a 35% jump from the year before. Now some of those Meta creators will get paid in crypto. Related Readin...

Stablecoins Go Mainstream As Meta Rolls Out Creator Payouts In Philippines, Colombia
The Block 6d
Meta begins offering USDC creator payouts to crypto wallets on Solana and Polygon blockchains

Meta now offers some creators the option of receiving their payouts in USDC, according to a support page. (USDC) payments can be made to crypto wallets on eithe...

Decrypt 6d
Polymarket Eyes US Return for Crypto Exchange as Lone CFTC Chair Weighs Approval​​​​​​​​​​​​​​​​

Add Decrypt as your preferred source to see more of our stories on Google. In brief Polymarket has reportedly approached the CFTC to lift the four-year ban on...

Polymarket Eyes US Return for Crypto Exchange as Lone CFTC Chair Weighs Approval​​​​​​​​​​​​​​​​

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