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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
| Today (May 15, 2026) | $0.0935 | -1.01% |
|---|---|---|
| 24 hours ago (May 14, 2026) | $0.0945 | -1.01% |
| 1 week ago (May 8, 2026) | $0.101 | -7.41% |
| 1 month ago (April 15, 2026) | $0.0844 | +10.86% |
| 1 year ago (May 15, 2025) | $0.2379 | -60.68% |
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Buy, sell, trade, and swap POL on MetaMask, crypto's most trusted wallet.
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