Polygon
MATIC
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Price
0.46852 USD
% Change
3.44%
1h24h7d30d1y
Market Cap
903M USD
Volume
5.56M USD
Circulating Supply
1.92B
Polygon (MATIC) Feed: Events, News & Roadmap
Polygon Events on the Chart
What is Polygon?
Polygon (previously known as Matic Network) is a layer-2 scaling solution for Ethereum that aims to provide major scalability improvements for decentralized applications by utilizing a modified version of Plasma with sidechains. The Polygon token (MATIC) is used for payment services on the network and as a settlement currency between users who operate within the Polygon ecosystem. The goal of Polygon is to overcome some of the major limitations of traditional blockchain networks, including low throughput, poor user experience, and lack of community governance, by leveraging a novel sidechain solution.