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Polygon
# Name Chain Market Cap Price 24h % Volume (24h) UAW TVL 7d Chart
151
152 +2
153
154
155
B
+3
156 +8
157
B
158
159
160
161 +3
162
163 +8
164
B
165
166
167
168 +3
169
C
170
171
172
173
174 +6
175
176
177 +4
178 +9
179
180
181
182
183
184 +6
185
186
187
188 +6
189 +1
625
190
191
192
193
194 +6
195
196
C
197
198
199 +2
200

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.