Polygon Network Token

Polygon Network Token
POL
Contract address
0x455e...ffc3f6
Copy POL contract address
$0.081
-$0.009491(-11.72%)Today
Market cap
862.81m
Total volume (24h)
61.41m
Volume / Market cap
0.0712
Circulating supply
10.66bn
Day range (24h)
$0.0791$0.0918
All-time low
$0.0791
All-time high
$1.29

About Polygon Network Token (POL)

Polygon, formerly known as Matic, is a decentralized, Ethereum Virtual Machine (EVM) compatible blockchain network, launched in October 2017 by Anurag Arjun, Sandeep Nailwal, Jaynti Kanani, and Mihailo Bjelic. Its founders originally created Matic, a layer 2 (L2) Proof-of-Stake (PoS) blockchain, as a faster and more cost-effective scaling solution for Ethereum. In 2021, Matic rebranded as Polygon, and expanded to encompass a broader range of Ethereum scaling and infrastructure offerings.

Polygon Network Token (POL) is the native cryptocurrency for the Polygon blockchain network. POL is used for securing the network, staking, and governance. It was created as an upgrade to the MATIC token, which served a similar purpose on Matic network. 

The most popular uses for POL are decentralized finance (DeFi) trading, staking, and governance, within Polygon’s expanded ecosystem. POL holders are typically active DeFi traders, long-term investors/stakers, NFT holders, and gamers. 

Token type: Utility/DeFi

Price history

Today (5 June 2026)$0.081-11.72%
24 hours ago (4 June 2026)$0.0917-11.72%
1 week ago (29 May 2026)$0.0877-7.70%
1 month ago (6 May 2026)$0.0986-17.85%
1 year ago (5 June 2025)$0.2143-62.21%

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POL market moves

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24h change: -2.22%. From $0.0929 to $0.0908.

  • On May 22, 2026, blockchain investigator ZachXBT flagged suspicious outflows from Polymarket's UMA CTF Adapter contracts on Polygon. Approximately $520,000 to $700,000 in POL and USDC was drained through repeated withdrawals of 5,000 POL every 30 seconds from a rewards payout system. Polymarket confirmed it was a private key compromise on an internal operations wallet, not a smart contract exploit, with no impact on user funds, market resolution, or core infrastructure.
  • Polygon has released multiple updates in May 2026 highlighting AggLayer's chain-agnostic capabilities, including Miden joining on testnet, privacy upgrades to CDK for private blockchains, and integrations enabling yield on bridged assets. The Open Money Stack initiative, announced earlier in 2026, focuses on modular tools for stablecoin payments, cross-border transfers, fiat on-ramps, and onchain settlement. These developments position Polygon as infrastructure for enterprise payments with over $2.5 trillion in cumulative stablecoin volume processed.
  • In early May 2026, Polygon implemented upgrades that reduced block times and increased gas limits, achieving over 3,800 TPS focused on payments use cases. These changes support the Gigagas roadmap aiming for 100,000+ TPS later in 2026. Combined with AggLayer maturity for unified liquidity and interoperability, the improvements strengthen Polygon's position in stablecoin infrastructure and real-world asset applications.

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