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MATICUSD

Polygon

MATIC/USD
View Detailed Chart

0.3756USD

-0.0027-0.71%

Today

-0.71%

1 Week

0.00%

1 Month

-7.85%

6 Months

-44.93%

Year to Date

-62.64%

1 Year

-30.37%

View Detailed Chart

Key Data Points

Opening Price

0.3784

Previous Closing Price

0.3783
Price Range of the Day
0.37390.3809
52-Week Price Range
0.00000.3756

Info of Polygon

What makes Polygon (MATIC) unique?up
Polygon (MATIC) is unique as it is a Layer 2 scaling solution for Ethereum, enabling faster and cheaper transactions. It uses the Plasma framework and proof-of-stake to create a multi-chain system with high throughput. Polygon has attracted over 50 dApps and its MATIC token is used for payments and governance on the network.
What are Polygon staking rewards?up
Staking rewards on the Polygon network are distributed in the form of the native MATIC token. Validators who lock up their MATIC tokens to help secure the network are rewarded with newly minted MATIC as an incentive for their participation. The current staking rewards rate on Polygon fluctuates based on network activity and validator participation.
What are the current use cases of Polygon?up
Polygon has a robust range of use cases, including powering the Web 3.0 initiatives of large tech and consumer companies like Reddit, Starbucks, and Coca-Cola. Polygon's Ethereum-compatible design allows developers to easily build decentralized applications (dApps) on top of its scalable and interoperable infrastructure.

Polygon

0.3756

-0.0027-0.71%