Polygon (MATIC) Live Price & Market Data
Track Polygon (MATIC) live price in real-time. The current MATIC price is approximately $0.096 USD with a 24-hour trading volume of $51.5M and a market cap of $1.02 billion. MATIC is an ERC-20 token on the Polygon network used for transaction fees, staking, and governance. Monitor MATIC/USD rates updated every minute on PretMatic.
What Is Polygon (MATIC)?
Polygon, formerly known as Matic Network, is a Layer-2 scaling solution for the Ethereum blockchain. Founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, Polygon was designed to improve transaction speed, reduce costs, and enhance scalability for decentralised applications (dApps). The native token MATIC powers transaction fees, staking rewards, and network governance.
- Layer-2 Ethereum Scaling
- Proof-of-Stake Consensus
- ERC-20 Token Standard
- Low Transaction Fees
- Fast Block Confirmations
- DeFi & NFT Ecosystem
MATIC Token Utility & Staking
MATIC serves as the primary currency within the Polygon ecosystem. Token holders can stake MATIC to validate transactions and earn staking rewards, pay for gas fees on Polygon sidechains, and participate in on-chain governance proposals. As part of Polygon 2.0, MATIC is gradually transitioning to the new POL token over a four-year migration period.
The live MATIC price is approximately $0.096 USD as of March 2026, with a 24-hour trading volume of over $51.5 million USD. Prices update in real-time based on global exchange data.
MATIC is used to pay transaction (gas) fees on Polygon sidechains, to stake and secure the network via Proof-of-Stake validators, and to participate in governance votes on protocol upgrades.
POL is the next-generation token replacing MATIC as part of the Polygon 2.0 upgrade. POL will power a vast ecosystem of ZK-based Layer-2 chains, while MATIC will be phased out over approximately four years.
Live MATIC Market Stats
As of March 2026, Polygon (MATIC/POL) has a circulating supply of approximately 10–11 billion tokens, a market capitalisation of around $1.02 billion, and is ranked among the top 60 cryptocurrencies by market cap. The all-time high price was $2.92 in December 2021. MATIC is listed on all major exchanges including Binance, Coinbase, Kraken, and OKX.