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Top Polygon Ecosystem tokens by market capitalization

Polygon Ecosystem contains 218 coins with a total market capitalization of $38.35B and an average price change of +1.83%. They are listed in size by market capitalization.

The Polygon Ecosystem includes a collection of technologies, platforms, and protocols built on the Polygon blockchain. Polygon (previously Matic Network) is a Layer 2 solution for Ethereum. Its primary objective is to offer a platform for building and connecting Ethereum-compatible blockchain networks, thereby providing developers the flexibility to deploy their decentralized applications in a more scalable environment. Polygon has an ability to process transactions at a significantly faster rate and lower cost compared to the Ethereum mainnet.

Polygon utilizes sidechains to offload some of the computational work from the main Ethereum chain. This hybrid approach combines the best of Ethereum and sovereign blockchains into a cohesive, interconnected ecosystem. Polygon has also been widely recognized for its user-friendly SDKs (Software Development Kits) and its modular approach, which allows developers to select and tailor their scalability solutions according to their needs.

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NamePrice24h %
focusIcon
$13.5+2.43%
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Polygon
PolygonMATIC
$0.6679-0.76%
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Dai
DaiDAI
$1-0.01%
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Render
RenderRNDR
$7.79+0.11%
focusIcon
$0.2486+1.37%
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Gala
GalaGALA
$0.04270+6.72%
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Aave
AaveAAVE
$84.42+0.17%
focusIcon
$0.4283+0.50%
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Frax
FraxFRAX
$0.9976-0.07%
focusIcon
$0.6730-3.77%
focusIcon
WOO
WOOWOO
$0.2831+1.83%
focusIcon
$0.4243+0.36%
focusIcon
$0.8463+0.75%
focusIcon
$0.9731+2.86%
focusIcon
Ankr
AnkrANKR
$0.04482+6.15%
focusIcon
$1.05+3.86%
focusIcon
$0.9357+4.42%
focusIcon
$0.3621+3.44%
focusIcon
$3.33+2.22%
focusIcon
$0.003167+10.08%
focusIcon
$0.9581+0.56%
focusIcon
$1.46+2.12%
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UMA
UMAUMA
$2.57+0.46%
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API3
API3API3
$2.25+0.30%
focusIcon
$0.1497+2.62%
focusIcon
$2.44+3.33%
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Marlin
MarlinPOND
$0.02181+2.16%
focusIcon
$2.98+3.72%
focusIcon
$8.46+2.13%
focusIcon
$0.2222+0.41%
focusIcon
$0.1940+0.07%
focusIcon
$52.62-0.10%
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Ark
ArkARK
$0.7042+0.17%
focusIcon
$0.2990-0.06%
focusIcon
$3.37+3.70%
focusIcon
$0.7594+0.93%
focusIcon
$0.{6}1946-0.43%
focusIcon
$1.99+1.81%
focusIcon
$0.5123+1.35%
focusIcon
$0.02059+2.99%
focusIcon
$1.04-0.82%
focusIcon
Astrafer
AstraferASTRAFER
$0.3783+0.83%
focusIcon
$0.8990+2.76%
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MATH
MATHMATH
$0.5117+1.09%
focusIcon
DIA
DIADIA
$0.4741+5.51%
focusIcon
$0.07922-2.61%
focusIcon
$0.09428+30.52%
focusIcon
$0.2578+3.32%
focusIcon
$2.64+0.58%
focusIcon
$17.47-0.16%
FAQ

What is Polygon and how does it differ from Ethereum?

Polygon is a multi-chain scaling solution designed to enhance the efficiency of Ethereum-compatible blockchains. It facilitates faster and cheaper transactions by introducing Layer 2 sidechains, which operate alongside the primary Ethereum chain.

Why was Matic Network rebranded to Polygon?

The rebranding to Polygon represented a shift from just being a Layer 2 scaling solution to a multi-chain ecosystem, aiming to create a framework for building and connecting Ethereum-compatible blockchain networks.

What are the transaction fees on Polygon?

While Ethereum often faces high gas fees due to network congestion, Polygon provides a much more cost-efficient solution. Transactions on Polygon are significantly cheaper, sometimes only costing a fraction of a cent, making it an attractive solution for many developers and users.

How fast are Polygon transactions?

Polygon boasts a peak load transaction processing speed of up to 65,000 TPS, a significant leap from Ethereum's current 13 TPS.

How is the MATIC token used within the Polygon ecosystem?

MATIC, the native token of Polygon, is used for various purposes including paying transaction fees, participating in the network's proof-of-stake consensus mechanism as a validator, and for staking to secure the network.

What are some popular DApps and projects built on Polygon?

Numerous projects have either migrated to or integrated with Polygon to leverage its scalability benefits. Popular DApps include QuickSwap (a decentralized exchange), Aavegotchi (a DeFi-centric game), and Decentraland (a virtual world).

How does Polygon achieve higher scalability compared to Ethereum?

Polygon achieves higher scalability through the use of side chains and a combination of PoS and Plasma frameworks. These side chains run parallel to the Ethereum mainnet, allowing for multiple transactions to be processed concurrently, as opposed to sequentially on Ethereum. By offloading a significant portion of transactions from Ethereum to its side chains, Polygon drastically reduces transaction times and fees.

Can assets on Polygon be bridged back to the Ethereum mainnet?

Yes, assets on Polygon can be bridged back to the Ethereum mainnet. This is facilitated by the PoS bridge, which allows users to move assets between the Polygon side chains and the Ethereum mainnet. The process involves locking up assets on one side and minting an equivalent amount on the other side, ensuring the total supply remains constant.