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Polygon Price (MATIC)

MATIC/USD • 0.29

MATIC

USD

1 MATIC =$0.29Last updated: February 23, 2025

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Price of Polygon (MATIC) Today

As of the latest data, Polygon (MATIC) is currently priced at $0.3 with a market capitalization of $542.36M. The 24-hour trading volume stands at $7.23M, The circulating supply of Polygon is approximately $1.92B. The cryptocurrency has seen a -4.22% decrease in value over the past 24 hours.

Best Polygon (MATIC) Prices

Platform	Coin	Price
Coinbase	Polygon (MATIC)	0.29
Luno	Polygon (MATIC)	0.6
Blockchain.com	Polygon (MATIC)	1
Gate.io	Polygon (MATIC)	0
LBank	Polygon (MATIC)	0.38
Gemini	Polygon (MATIC)	0.29

Latest Polygon (MATIC) Interest Rates

Polygon (MATIC) Lending Rates

Platform	Coin	Interest rate
Nebeus	Polygon (MATIC)	Up to 13 APY
Kucoin	Polygon (MATIC)	Up to 5 APY

See all 11 lending rates

Polygon (MATIC) Staking Rewards

Platform	Coin	Staking rewards
MyCointainer	Polygon (MATIC)	Up to 4.65 APY
Kucoin	Polygon (MATIC)	Up to 3.5 APY

See all 17 staking rewards

Polygon (MATIC) Borrowing Rates

Platform	Coin	Interest rate
Nexo	Polygon (MATIC)	From 0 APR
Nebeus	Polygon (MATIC)	From 10 APR

See all 2 borrowing rates

Polygon Buying Guide

How to buy Polygon

Frequently Asked Questions About Polygon (MATIC)

What is Polygon (MATIC)?: Polygon (MATIC) is a scaling solution for Ethereum, providing tools to enhance speed and reduce transaction costs. It's widely used for building decentralized applications on the Ethereum blockchain.
How does Polygon work?: Polygon enhances Ethereum's capabilities by providing Layer-2 sidechains, offering faster and cheaper transactions while maintaining security. It uses Proof-of-Stake consensus and sidechains for scaling.
Where can I buy Polygon (MATIC)?: MATIC can be purchased on various exchanges like Binance, Coinbase, and Kraken. Bitcompare helps users find the best rates and exchanges, offering real-time price comparisons.
What can I use Polygon for?: Polygon can be used for transactions, staking, and decentralized app development. Its low fees and high speed make it ideal for financial applications and NFT platforms.
How do I stay informed about Polygon updates?: Check Bitcompare for real-time price alerts, sentiment analysis, and the latest news on Polygon. Regular visits and bookmarking this page ensure you're well-informed.
What makes Polygon different from other Ethereum scaling solutions?: Polygon's unique multi-chain system and interoperability make it stand out. Its extensive toolset supports diverse blockchain projects with enhanced speed and efficiency.
Is Polygon's security like Ethereum's?: Polygon leverages the security of Ethereum through its Layer-2 solutions and uses its own validators to ensure transaction security, offering a robust platform for dApps.
Can I stake MATIC?: Yes, you can stake MATIC to earn rewards while contributing to the network's security. Staking options are provided through various wallets and platforms supporting Polygon.