• Market Cap
    $2,164.002B -3.41%
  • POW Market Cap
    $1,470.972B -7.66%
  • POS Market Cap
    $230.507B 2.57%
  • Masternodes Market Cap
    $6.817B -0.71%
Matic Network
matic

Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

This data was last updated 2021-05-13 10:44:37 UTC

Details

MarketCap
7.050B
MarketCap 24hr Change
2.00%
MarketCap Rank
28
Total Supply
10000000000
Circulating Supply
6.089B
Volume
3.388B
ATH
1.22
Launched
N/A

Technical Details

Blockchain
N/A
Consensus
N/A
Staking APR
58.24
Block Time
N/A
Algorithm
Plasma + Proof of Stake
$1.16
1.66%
$7.050B
Marketcap
$3.388B
Volume
10.000B MATIC
Total Supply
6.089B MATIC
Circ. Supply
24H
1.66%
7D
42.32%
30D
223.37%
Last 7D
42.32%

Official Community