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Polygon
# Name Chain Market Cap Price 24h % Volume (24h) UAW TVL 7d Chart
501 +33
502
503 +13
504
505
506 +16
507 +5
508 +3
509
510 ₿0.01028961
511
O
512
513 +15
514
515
516
P
517
518
P
519 +4
520
521
522
P
+1
523 ₿0.0132621
524
525
526 ₿29.802
527
528
529
530
531
532 +9
533
534
535
536
537
538
539
540
541
542
543
544
545
546
547
548
549
550

About Polygon

Polygon (formerly known as Matic Network) is a blockchain platform aimed at creating a multi-chain blockchain system compatible with Ethereum. It utilizes a proof-of-stake consensus mechanism for on-chain transactions, similar to Ethereum. The native token of Polygon is MATIC. Polygon serves as a “layer two” or “sidechain” scaling solution running alongside the Ethereum blockchain, which facilitates faster transactions and lower fees. It was established to address some of the major challenges faced by Ethereum, such as high fees, poor user experience, and low transaction throughput, with an ambition to create an “Ethereum’s internet of blockchains” or a multi-chain ecosystem of Ethereum-compatible blockchains.