Polygon
POL
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Polygon price
in USD$0.2758
-$0.0081 (-2.86%)
USD
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Market cap
$2.89B
Circulating supply
10.5B / 10.5B
All-time high
$0.7685
24h volume
$465.38M
About Polygon
POL, the native cryptocurrency of the Polygon ecosystem, powers one of the most efficient and scalable blockchain networks in the crypto space. Designed to enhance Ethereum's capabilities, Polygon offers faster transactions and lower fees, making it ideal for decentralized applications (dApps), payments, and real-world asset tokenization. POL is used for transaction fees, staking to secure the network, and participating in governance decisions. With its focus on interoperability, Polygon enables seamless communication between blockchains, fostering a thriving ecosystem of DeFi, gaming, and NFT projects. Whether you're a developer or a user, POL is your gateway to a more accessible and scalable blockchain future.
AI-generated
Last audit: Apr 19, 2021, (UTC+8)
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.
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OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Polygon’s price performance
Past year
--
$0.00
3 months
+26.33%
$0.22
30 days
+41.79%
$0.19
7 days
+14.39%
$0.24
Polygon in the news
The Frontier Stable Token has been deployed on Arbitrum (ARB), Avalanche (AVAX), Base, Ethereum (ETH), Optimism (OP), Polygon (POL), and Solana (SOL) networks.
The token’s rejection at $0.26 came amid a broad crypto pullback, with the CoinDesk 20 Index sliding 4% and rate-cut hopes fading.
Polygon (POL) joined Sui (SUI) as a top performer, rising 6.2% from Wednesday.
Bitcoin Cash (BCH) was also among the top performers, rising 2.2%.
POL surged in early U.S. trading amid above-average volume, but selling pressure capped gains.
Polygon on socials
Month 2 📸 | @Katana Chain-owned Liquidity
- Katana DeFi TVL: $479m (⏫ 43% in 1 month)
🏦 TOTAL #KatCOL : $187,829 (⏫393% in 1 month)
- 👨🌾 Deployed in ⏫ @CharmFinance 🔻 @MorphoLabs ⏫ @GammaStrategies ⏫ @steerprotocol 🔼 @ichifoundation 🔻 @yearnfi
- 👛 Holdings: 🟠 LBTC BTCK vbWBTC | 🦇 weETH vbETH | 💜 POL PROVE | 🔵 JitoSOL uSOL | 🇺🇸 AUSD vbUSDC vbUSDT | 🍣 SUSHI MORPHO YFI | 🦊 KITSU
👀 NOTABLE CHANGES
- 🆕 Holdings: 🎀 PROVE | 🦊 KITSU
- In an unprecedented move, the Katana team donated their @SuccinctFND airdrop to the CoL & built a $14k LP for PROVE, demonstrating their commitment to the partnership over selfish gains 👍
- Also, unprecedented is Katana providing a $320 LP for @Kitsu_katana the 1st memecoin to launch from Kensei, a core app. This signals the team trust in the KITSU devs & a willingness to support high-potential memes on the chain 🔥
⚔️ Katana has certainly turned heads this month & cemented the reputation that they're here to build, not extract!
Jarod 🦪
Month 1 📸 | Katana Chain-owned Liquidity
- Track @katana CoL every month with #KatCOL
🏦 Total CoL: $38,042
- 🧑🌾 Deployed in @MorphoLabs @yearnfi @CharmFinance @GammaStrategies @ichifoundation @steerprotocol
- 👛 Holdings: 🟠 LBTC BTCK vbWBTC | 🦇 weETH vbETH | 💜 POL | 🔵 JitoSOL uSOL | 🇺🇸 AUSD vbUSDC vbUSDT | 🐈 SUSHI MORPHO YFI
⚔️ Started on 1 July, Katana is a defi-focused L2 aiming to have the deepest liquidity & highest yield in web3
- deep liquidity = better prices & stable rates
🌊 Katana is sustainably achieving this with Chain-owned Liquidity
- sequencer fees go to CoL which grows over time
- CoL is deployed to support core apps
- yield earned from CoL is redirected to boost yield of users
🤔 Katana aligns ALL interests
- CoL will provide liquidity to critical pools in critical protocols
- Liquidity providers will have fun chasing KAT rewards
- vKAT holders will enjoy rewards from big protocols for diverting KAT emissions to their tokens
- Big protocols will have deep liquidity
- Creators will hunt for alpha & never run out of content!
🔥 Can't wait for Katana to make DeFi sexy again!
WLFI is live & in price discovery! 🚀
Already, it's making Ethererum's high gas fees great again 🤣
It's expected to suck up a ton of liquidity from other crypto markets, so your fav tokens will likely dump as people fomo into WLFI
Personally, I've got stables ready to buy the dips in POL @0xPolygon & LTC @litecoin as these are 2 tokens that I believe have a ton of potential upside as markets pick up again
Did you brave the gas fees to get WLFI exposure?
What tokens will you be swooping up in the dip?
Guides
Find out how to buy Polygon
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Polygon’s prices
How much will Polygon be worth over the next few years? Check out the community's thoughts and make your predictions.
View Polygon’s price history
Track your Polygon’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Polygon on OKX Learn
Polygon Crypto: How Its zkEVM and 2.0 Ecosystem Are Shaping Blockchain's Future
What Is Polygon (POL) and Why Is It Important in Crypto? Polygon (POL) is a leading Ethereum scaling solution designed to overcome the limitations of Ethereum's mainnet, such as high gas fees and slow
Polygon Price and TVL: Key Insights into Growth, Fluctuations, and Future Potential
Understanding Polygon's TVL Growth and Fluctuations Polygon's Total Value Locked (TVL) serves as a vital metric for evaluating the health and adoption of its decentralized finance (DeFi) ecosystem. In
Polygon DeFi Revolution: How QuickSwap is Transforming the Ecosystem
Introduction to Polygon's DeFi Ecosystem Polygon has solidified its position as a leading Layer 2 scaling solution, addressing Ethereum's persistent challenges of congestion and high gas fees. By offe
Polygon's Strategic Overhaul: Leadership Changes, Katana Blockchain, and DeFi Innovations
Introduction: Polygon's Evolution in the Web3 Space Polygon, a leading Layer 2 scaling solution for Ethereum, is undergoing transformative changes that could redefine its position in the blockchain ec
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Polygon FAQ
Currently, one Polygon is worth $0.2758. For answers and insight into Polygon's price action, you're in the right place. Explore the latest Polygon charts and trade responsibly with OKX.
Cryptocurrencies, such as Polygon, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Polygon have been created as well.
Check out our Polygon price prediction page to forecast future prices and determine your price targets.
Dive deeper into Polygon
Polygon (formerly Matic Network) is a Layer-2 Ethereum scaling solution that aims to address the scalability issues faced by blockchain networks, particularly Ethereum. It provides a framework for creating interoperable and scalable blockchain applications with lower gas fees and faster speeds. The native token of Polygon is called POL.
Polygon uses Plasma technology to process transactions off-chain before finalizing them on the Ethereum network, achieving high transaction throughput. With the Plasma framework, Polygon can theoretically process 60K+ transactions per second on a single sidechain at near-zero fees while maintaining the security and integrity of the main Polygon chain. The network relies on a set of PoS validators to ensure the accuracy and security of off-chain transactions.
One of the key features of Polygon is its compatibility with Ethereum, allowing developers to deploy Ethereum-compatible blockchains with ease. It also supports a variety of decentralized finance (DeFi) protocols and enables applications such as blockchain-based games and NFT marketplaces.
The POL token is used for participating in network governance, paying transaction fees, distributing staking rewards, and staking collateral to become a validator.
Market cap
$2.89B
Circulating supply
10.5B / 10.5B
All-time high
$0.7685
24h volume
$465.38M