Polygon (MATIC) is a scaling solution for the Ethereum blockchain that aims to provide faster and cheaper transactions. It is a parallel blockchain that users can "bridge" their tokens to and interact with through compatible wallets such as MetaMask or Coinbase Wallet. The network is secured by a Proof-of-Stake consensus algorithm and its native currency, MATIC, is used to pay for transaction fees and can be staked to earn rewards. Polygon was launched in 2020 by Ethereum developers and has attracted several leading DeFi applications to its network, including Uniswap, Aave, and PoolTogether.

$0.74 $0.01 (1.6%) Thursday, May 23, 2024 at 5:53:05 p.m. Eastern Daylight Saving Time

Fundamentals Polygon

Last updated May 23, 2024, 05:53:05pm EDT
Current Price $0.74
Change $0.01 (1.6%)
Close Price $0.72
Open Price $0.72
Bid $0.00
Ask $0.00
Day Range $0.70 - $0.76
Year Range $0.49 - $1.29
Volume 20,835,380
Market Cap $7,354,465,467.43


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