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MATIC Market Stats

  • Price $0.51726
  • 1H Change +0.06%
  • 24H Change -0.09%
  • 7 Day Change -4.39%
  • 30 Day Change -8.2%
  • 1 Year Change -30.26%
  • All-Time High (ATH) $2.91460
  • % From ATH -82.27%
  • ATH Date Dec 27, 2021

Polygon Background


Polygon (previously Matic Network) is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. 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.

The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.

Polygon Technical Info

  • Blockchain Own Blockchain
  • Hash Algorithm None
  • Org. Structure Centralized
  • Development Status On-going development

Polygon News

Polygon Organization & Team

Jaynti Kanani

Co-founder & CEO

Anurag Arjun

Co-founder & CPO

Siddharth Jain

VP - Operations & Marketing

Bhavir Shah

Head, Engineering

Vaibhav Chellani

Blockchain Engineer

Polygon Intelligence

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