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Polygon(POL)
Live POL Price
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About Polygon
This page brings together available market information for Polygon (POL) and the buy-and-sell options currently available through Coinbox.
For educational purposes only; not investment advice. Digital assets are volatile and may lose value. Before acting, consider the asset and price, issuer (where applicable), network, and counterparty risks. Displayed market data may be delayed; the applicable price and terms are shown before you confirm an action.
Market Stats
- Market Cap
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- 24h Volume
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- Circulating Supply
- 10.00B POL
- Max Supply
- 10.00B POL
- Range High (1D)
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- Range Low (1D)
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- Market Rank
- #25
Latest News
You pay
₪
You receive
POL
Resources
Frequently Asked Questions about Polygon
What is Polygon?
POL (formerly MATIC) is the token of the Polygon network, launched in 2017. It operates as a leading Layer 2 scaling solution built on top of the Ethereum network. The project is widely regarded as Ethereum's accelerator, and it stands out for its ability to turn Ethereum into a multi-network system that is significantly faster and cheaper while preserving the security of the main network. The POL token is used to pay transaction fees and to stake to secure the network, and it serves as the main gas for running thousands of decentralised applications (dApps), crypto games, and large-scale enterprise solutions.
How does Polygon work?
POL (formerly MATIC) is the upgraded infrastructure token of the Polygon network, which works as a Layer 2 scaling solution for Ethereum using sidechains and ZK rollups.
Who founded Polygon?
Polygon was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun to solve Ethereum's scalability bottlenecks.