Polygon (POL)
Ethereum, scaled. Fast and affordable for everyone.
What is Polygon?
Polygon is a scaling ecosystem for Ethereum that makes transactions faster and dramatically cheaper. While Ethereum provides security and decentralization, Polygon layers on top to deliver the speed and affordability needed for everyday use. It is the most widely adopted Ethereum scaling solution.
s security guarantees with practical transaction costs.",
How Polygon Works
Think of Ethereum as a busy highway and Polygon as an express lane running alongside it. Instead of every car (transaction) fighting for space on the main road, Polygon bundles many transactions together, processes them on its own faster road, and then posts a summary back to Ethereum for final verification. You get the security of Ethereum with the speed and low cost of a dedicated lane. Your wallet address stays the same — you are just using a faster route.
Polygon Ecosystem
- Thousands of DeFi protocols, DEXs, and lending markets
- Enterprise adoption by major brands for loyalty and digital collectibles
- Gaming and metaverse applications with near-zero transaction costs
- Polygon zkEVM — zero-knowledge rollup for enhanced security
- Staking POL to secure the network and earn rewards
Team & Development
Polygon was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. Originally called Matic Network, the project rebranded to Polygon in 2021 to reflect its expanded vision. Polygon Labs leads development, and the project is supported by a global community of developers and validators.
Frequently Asked Questions
What happened to MATIC? Is POL the same thing?
POL is the upgraded version of MATIC. The Polygon network migrated from MATIC to POL as its native token. If you held MATIC, it was automatically converted to POL. They represent the same network and ecosystem.
Do I need POL for gas fees on Polygon?
Yes. POL is used to pay transaction fees on the Polygon network, similar to how ETH is used on Ethereum. Fees on Polygon are significantly lower — often fractions of a cent per transaction.
What is the difference between Polygon PoS and Polygon zkEVM?
Yes. You can sell POL for fiat currencies through Swaps or swap it for ETH, USDC, and other tokens. Since POL exists on both Ethereum and Polygon networks, make sure you are sending from the correct chain.
Can I sell or swap POL?
Buy Polygon on Swaps
Compare Polygon prices from trusted providers. Buy POL with credit card, bank transfer, Apple Pay, and 29+ payment methods. Non-custodial — crypto goes directly to your wallet.
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