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Polygon
# Name Chain Market Cap Price 24h % Volume (24h) UAW TVL 7d Chart
301
302
303 +5
304
305
G
+3
306
307
308
G
309 +3
310
311
312
313 +5
314 +1
315
H
+1
316
317 +6
318
319 +3
320
321
H
+6
322 +4
323
324 +1
325
H
+1
326
327
328 +10
329
330
331 +4
332
I
333
334
335
336 +21
337 +57
338 +2
339
340
341
I
342 +19
343
344
345
346
K
347 +1 $88
348 +3
349
K
350

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.