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Polygon

Layer 2 scaling solution offering instant settlements, $0.001 transaction costs, and 99.99% uptime. Powers $3B in stablecoins with 117M+ active addresses.

Polygon operates as a Layer 2 scaling solution designed for high-frequency payments and asset transfers. The network processes over 5 billion transactions with 99.99% uptime and maintains an average transaction cost of $0.001.

Key Technical Features:

  • ~5 second finality with 2-second block times for near-instant settlements
  • 1,000+ TPS current capacity with roadmap to 100k+ TPS
  • Account abstraction support enabling email logins and sponsored gas fees
  • $3 billion stablecoin supply providing deep liquidity

Enterprise Infrastructure: The platform includes pre-built wallet integrations, compliance-ready onramps, and established partnerships with major financial institutions. 117 million+ active addresses provide immediate access to users and liquidity without cold start challenges.

POL Token Utility: POL serves as the native gas and staking token, securing the network while enabling access to thousands of decentralized applications. The token maintains 65x stablecoin velocity, indicating active usage in real-world transactions.

Use Cases:

  • Cross-border payments and remittances
  • Stablecoin transfers and settlements
  • Enterprise treasury management
  • DeFi protocols requiring fast, cheap transactions

Polygon's focus on real-time money infrastructure addresses traditional banking delays while maintaining enterprise-grade reliability and regulatory compliance readiness.

Category:

Layer 2

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Chain Details:
  • Launch Date

    May 2020
  • TVL

    $1.25B
  • Consensus

    PoS
  • Documentation

    Docs
  • Source code

    Code
  • Whitepaper

    Link

Updated .

Native Coin Details:
  • Name

    POL (ex-MATIC)
  • Symbol

    POL
  • Logo

    POL (ex-MATIC) logo
  • Market Cap Rank

    # 69
  • Market Cap

    $1.86B
  • Market Cap % (24h)

    -4.16 %
  • Fully Diluted Valuation

    $1.86B
  • Total Volume

    $54.44M
  • Circulating Supply

    $10.53B
  • Total Supply

    $10.53B

Updated .

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