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  2. Polygon - Logo
    Polygon
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Polygon - Logo

Polygon (MATIC)

Blockchains (L1)

Price

~$0.7297

Live

ATH

$2.87

2.4y ago

ATL

$0.0124

3.5y ago

Chains

Ethereum - Logo
Polygon - Logo

2 chains

7d price -0.5%

30d price -19.3%

90d price -6.4%

180d price +0.4%

Learn more

What is Polygon?

Polygon is a smart contract platform for decentralized applications & interoperability platform for blockchains. Polygon was founded by Jaynti Kanani, Sandeep Nailwal & Anurag Arjun and launched in 2017.

How does Polygon work?

Validators process transactions and receive fees from users (supply-side fees).

Who governs Polygon?

MATIC holders own and govern the protocol. They currently take a cut of the total transaction fees paid by users (revenue). Polygon’s investors include Coinbase Ventures, ZBS Capital, MiH Ventures, etc.

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RevenueShare of transaction fees that are burned$40Connects Validators and UsersSupply-side feesValidators' share of transaction fees$60ValidatorsFeesTransaction fees paid by users$100Users
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

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