Governance
Polygon Labs issues urgent client upgrade notice following Austin and Kyoto hardforks
The Polygon upgrades closed separate block-stall, peer-crash, and validator-work risks, leaving nodes on older binaries outside canonical consensus.
Polygon
Trading Activity Trading Activity is a 0–100 price-reliability indicator combining reported 24-hour volume with market-cap turnover, cached valid-market liquidity, active exchange breadth, and quote freshness when those inputs are available. It assesses whether the displayed market price is supported by meaningful trading; it does not assess project development, reserves, or solvency.
Supported
$1.26M traded Price signal supported
Trading Activity price-reliability indicator with 60 percent data coverage. Low activity replaces price-derived sentiment because the displayed market price may not be supported by meaningful trading. Peg Health Peg Health is a price-stability 0–100 indicator for stablecoins. It measures the asset’s current distance from its target, reconstructed 24-hour to 90-day reference-price snapshots, and whether rising 24-hour volume accompanies a deviation. It measures observed market pricing, not reserve quality or redemption safety.
Watch
Target
Peg Health price-stability indicator with 0 percent data coverage. It measures observed market pricing, not reserve quality or redemption safety. Market Signal Market Signal is a price-based 0–100 indicator combining 24-hour to one-year momentum, logarithmic position between the all-time low and high, recency of those milestones, and whether 24-hour volume change confirms the latest price move. It describes current market conditions, not a price forecast.
Neutral
Price-based current market conditions indicator with 17 percent data coverage. This is not a price forecast.
$0.22
Updated Data via CoinMarketCap
- Market cap The current market value of coins already in circulation.
- $402.37M
- EVM Dominance This asset's share of the EVM category's total market capitalization, calculated by dividing its market cap by the combined market cap of assets in its primary CryptoSlate category.
- 0.4%
- Volume (24h) The estimated total value traded across exchanges over the past 24 hours.
- $1.26M
- Supply The circulating supply currently reported for this asset.
- 1.91B
- FDV Fully diluted valuation estimates the market value if the project's fully diluted token supply were circulating at the current price.
- $2.18B
Polygon price chart
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Why trading activity is supported
Supported 58 60% data coverage Trading Activity explains whether the displayed price is supported by meaningful trading. It is a price-reliability indicator, not a project rating.
Price signal unreliable $1,264,461.86 traded over the last 24 hours. The available activity evidence is sufficient to retain the asset’s price-derived signal.
Price support evidence
Measured factors support the displayed price; unavailable factors are shown explicitly and reduce data coverage. Reported volume45% weight 61 / 100
Valid-pair liquidity25% weight Unavailable
Market-cap turnover15% weight 50 / 100
Exchange breadth10% weight Unavailable
Quote freshness5% weight Unavailable
Reliability decision
Price-derived interpretation begins at 40 out of 100; readings below that threshold are withheld. 58 40 / 100 minimum
Price signal supported Trading evidence supports price-derived interpretation.
Activity evidence
These observed market values underpin the Trading Activity score and its coverage.- 24h volume
- $1.26M
- Turnover
- 0.31%
- Valid markets
- 0
- Active exchanges
- 0
Low activity can make the displayed price sensitive to a handful of trades. Trading Activity assesses price reliability—not project development, legal status, reserves, or solvency.
Price movement Not interpreted while trading support is below the reliability threshold.
Market context
Supporting only Supporting market context is shown for orientation but is not treated as a reliable price signal.- Displayed price The latest displayed USD price. Low trading support can make this value sensitive to a small number of trades.
- $0.22
- Market cap The current market value of coins already in circulation.
- $402.37M
- Reported pairs The number of market pairs reported for this asset.
- 1,477
How Trading Activity is calculated
What it measures
The model combines reported 24-hour volume, market-cap turnover, valid-pair liquidity, active exchange breadth, and quote freshness. Missing optional evidence lowers coverage; missing volume or a known-stale quote suppresses price-derived interpretation.
Configured model weights
- Reported volume
- 45% weight
- Valid-pair liquidity
- 25% weight
- Market-cap turnover
- 15% weight
- Exchange breadth
- 10% weight
- Quote freshness
- 5% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
Scores of 0–19 are dormant, 20–39 are thin, 40–69 are supported, and 70–100 are active. Scores below 40 withhold price-derived interpretation.
Why Polygon is unavailable
Unavailable — 17% data coverage Market Signal explains the weighted evidence behind the current price-based label. It describes current conditions and is not a price forecast.
Price momentum across the scored timeframes supports the reading. The available evidence produces a unavailable reading rather than a price forecast.
Score drivers
Each bar shows how a formula-weighted input pulls the composite reading below or above its neutral midpoint. Momentum 55% weight +13 pts
Historical position 20% weight Unavailable
Milestone recency 15% weight Unavailable
Volume confirmation 10% weight Unavailable
Historical position
The current price is placed between the all-time low and high on a logarithmic scale, matching the formula input. 50% of log range
Log scale · formula input Logarithmic placement gives equivalent percentage moves comparable visual distance across the full historical range. A complete ATL and ATH range is not available for this asset.
Momentum evidence
These are the price-change horizons used by the Market Signal momentum component.- 24H
- Up 2.76%
- 7D
- Up 1.64%
- 30D
- Unavailable
- 90D
- Unavailable
- 1Y
- Unavailable
Market context
Not directly scored These supporting values provide context and are not directly included in the displayed signal score.- Total supply The total number of tokens that currently exist, excluding any that have been verifiably burned.
- 10B
How this score is calculated
What it measures
The model converts price momentum, logarithmic historical position, milestone recency, and short-term volume confirmation into one 0–100 score. Missing evidence lowers data coverage instead of counting as neutral.
Configured model weights
- Momentum
- 55% weight
- Historical position
- 20% weight
- Milestone recency
- 15% weight
- Volume confirmation
- 10% weight
When inputs are missing, these configured weights are renormalized across the available evidence; data coverage records what is missing.
How to read it
50 is the neutral midpoint. Scores of 60 or higher are bullish, 40 or lower are bearish, and 41–59 are neutral.
Polygon Markets
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MATIC price converter
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Live MATIC to USD
Using the live USD market price. Additional fiat rates will appear after the daily sync.
About Polygon
Polygon, a prominent layer 2 scaling solution on Ethereum, has emerged as a multifaceted and scalable platform, enhancing the Ethereum ecosystem's capabilities. As a layer 2 scaling solution, Polygon effectively addresses major challenges such as high gas fees and slow transaction speeds that have been hurdles for Ethereum users.
Core Features of Polygon
Scalability & Efficiency: At its core, Polygon increases transaction throughput by processing transactions off the main Ethereum chain (Layer 1) and then batching them together for finalization on Ethereum. This method significantly reduces congestion and gas fees.
Ethereum Compatibility: Polygon maintains a high degree of compatibility with Ethereum's tools, DApps, and infrastructure, making it a seamless transition for developers and users from Ethereum.
Security: Leveraging Ethereum's robust security model, Polygon adds additional layers of security through its validators and its unique Proof of Stake (PoS) mechanism.
Versatility: It supports multiple scaling approaches, including sidechains, zkRollups, and Optimistic Rollups, offering flexibility for developers in choosing the right scaling solution for their specific needs.
Key Milestones in Polygon's Journey
Rapid Adoption: Since its inception, Polygon has seen widespread adoption by numerous DApps, NFT platforms, and decentralized finance (DeFi) projects, attracted by its scalability and low transaction costs.
Major Collaborations: Polygon has partnered with significant industry players like Aave, Curve, and SushiSwap, further integrating into the broader crypto ecosystem.
Token Performance: MATIC, the native token of Polygon, has exhibited strong performance in the crypto market, reflecting the platform's growing popularity and utility.
The Team Behind Polygon
Polygon was co-founded by a team of experienced blockchain developers and entrepreneurs, including Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Their diverse backgrounds and deep understanding of blockchain technology have been instrumental in Polygon's development and success.
Future Outlook
Looking ahead, Polygon is well-positioned to play a pivotal role in the evolution of blockchain technology. Its commitment to enhancing scalability and user experience on Ethereum, coupled with a strong team and community support, sets it up for continued growth and innovation in the crypto landscape. As the blockchain sector evolves, Polygon's adaptability and forward-thinking approach will likely keep it at the forefront of technological advancements.
Polygon Links & Resources
- Website
- polygon.technology
- Whitepaper
- Whitepaper
- Explorer
- polygonscan.com
- Wallets
- Exchanges
Polygon Token Contracts
Polygon Technical Details
Circulating Supply 1,913,783,718
Total Supply 10,000,000,000
Polygon Organization and Team
Registered organization
Matic-Network India LLP
Matic-Network India LLP is the registered organization associated with Polygon.
Team members
6 profiles
Sandeep Nailwal
Co-founder & COOJaynti Kanani
Co-founder & CEOAnurag Arjun
Co-founder & CPOSiddharth Jain
VP - Operations & MarketingBhavir Shah
Head, EngineeringVaibhav Chellani
Blockchain EngineerPolygon FAQs
What is the price of Polygon today?
As of Oct 23, 2026, Polygon trades at $0.22.
What is the market cap of Polygon?
Polygon has a market capitalization of $402,374,198.74.
What is the 24-hour trading volume of Polygon?
Polygon has a 24-hour trading volume of $1,264,461.86.
