Polygon (prev. MATIC) (POL)
Rank #58
Market snapshot
- Price
- $0.081817
- Market cap
- $875.4M
- 24h volume
- $63.2M
- Circulating supply
- 10,699,581,880.5351
- Total supply
- 10,699,581,890.5351
- Max supply
- N/A
What is Polygon (prev. MATIC)?
Polygon (prev. MATIC) is a cryptocurrency designed to improve the scalability and usability of blockchain networks. It operates on both the Ethereum and Polygon platforms, providing a framework for building and connecting Ethereum-compatible blockchain networks. This allows developers to create decentralized applications (dApps) with enhanced performance and lower transaction costs.
Key information
- Symbol
- POL
- CMC rank
- #58
- Network / platforms
Ethereum, Polygon
- Categories
- N/A
- Date added
- Oct 30, 2023
Contract address
Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.
Ethereum
0x455e53cbb86018ac2b8092fdcd39d8444affc3f6Polygon
0x0000000000000000000000000000000000001010
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and any supplied contract details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Polygon (prev. MATIC)?
- Polygon (prev. MATIC) is a cryptocurrency that operates within the Ethereum and Polygon networks, enhancing blockchain scalability and usability.
- What are the custody and transfer risks associated with Polygon (prev. MATIC)?
- Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling.
- How can I verify the acquisition of Polygon (prev. MATIC)?
- Verify the asset name, network, and any supplied contract details before transferring. Ensure the destination address and network are correct.
- Where can I find official resources for Polygon (prev. MATIC)?
- Official resources for Polygon (prev. MATIC) can be found on their website, whitepaper, and GitHub repository.
