POL (ex-MATIC)
Current price
$0.0933
−5.07%24h
LiveUpdated 26s ago
TodayPOL (ex-MATIC) drops 5.1%, trailing the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.55%
- 24 hours−5.07%
- 7 days−7.23%
- 30 days−3.69%
- 1 year−51.76%
POL (ex-MATIC)'s move in context
Lagging the market today
−5.07% today against −3.27% for the market as a whole, a gap of 1.8 points. Small gaps like this are common, so they don't point to anything specific.
Part of a slide
−7.2% over 7 days and −3.7% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About POL (ex-MATIC)
Polygon Ecosystem Token (POL)
The Polygon Ecosystem Token, with the symbol 'POL', serves as the native token of the Polygon network, a layer-2 scaling solution for Ethereum. Formerly known as MATIC, POL represents an upgraded version of the original token, designed to enhance its utility and support the expanding Polygon ecosystem.
Background and Evolution
POL is the successor to MATIC, the original token of the Polygon network. The transition to POL reflects an evolution in the token's role, aligning with Polygon's vision of building an aggregated network of blockchains. This upgrade aims to provide greater functionality and scalability within the ecosystem.
Technology and Functionality
POL operates as a multi-purpose token within the Polygon ecosystem. It functions as the native gas token, used to pay transaction fees on the Polygon Proof-of-Stake (PoS) network. Additionally, POL is utilized in the network's proof-of-stake consensus mechanism, where validators stake the token to secure the network and earn rewards. The token also enables governance participation, allowing holders to vote on key network upgrades and proposals.
One of the distinguishing features of POL is its role as a "hyperproductive" token. Validators can use POL to secure multiple chains within the Polygon network, supporting the ecosystem's scalability and efficiency. The token also incorporates a unique emissions model designed to fund community-driven initiatives and promote sustainable growth.
Use Cases and Ecosystem Role
POL plays a central role in the Polygon ecosystem, which focuses on providing scalable and cost-effective solutions for Ethereum-based applications. As a gas token, it facilitates transactions on Polygon PoS, a sidechain that offers faster and cheaper transactions compared to the Ethereum mainnet. As a staking token, POL underpins the security of the network through its proof-of-stake mechanism. Furthermore, its governance capabilities empower token holders to influence the future development of the Polygon network.
Security and Consensus Mechanism
The Polygon PoS network relies on a proof-of-stake consensus mechanism, with POL serving as the primary staked asset. This model ensures network security while enabling low-cost and high-speed transactions, making Polygon a popular choice for decentralized applications (dApps) and developers seeking Ethereum-compatible scaling solutions.
Additional Information
Specific details regarding token supply, distribution, or emissions schedules are subject to change and may vary based on network upgrades or governance decisions. For the most current and detailed information, users are encouraged to refer to official Polygon documentation and announcements.
POL (ex-MATIC) market
- Position by market cap among the coins we track.
- #65
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $844.58M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0914High $0.0998
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $0.2957
- Now 32% of itReached 3 Sept 2025 · Needs +217% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 9.05B POL
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 10.48B POL
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- No limit listed
- The most coins that can ever exist. Some coins have no limit.
POL (ex-MATIC) converter
1 POL (ex-MATIC) = $0.0933
