Real-Time MATIC to USD Price
The live MATIC price today is approximately $0.096 USD. MATIC (now known as POL after the September 2024 upgrade) is the native token of the Polygon network — an Ethereum Layer-2 scaling solution. The price is calculated in real-time by aggregating data across 123 exchanges and 193 markets using a global volume-weighted average formula.
Polygon was originally launched as the Matic Network in 2017 by Ethereum developers Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic. The network went live on mainnet in 2020 and quickly attracted major DeFi applications including Uniswap, Aave, and PoolTogether.
MATIC is now transitioning to POL as part of the Polygon 2.0 roadmap, with the migration officially beginning on September 4, 2024.
The 24-hour trading volume of MATIC/POL is approximately $51.5 million USD. With a circulating supply of over 11 billion tokens and a market cap ranking around #53 on CoinMarketCap, Polygon remains one of the most active Layer-2 ecosystems in the crypto space.
How to Read MATIC Price Data
Understanding MATIC price data requires monitoring several key metrics simultaneously.
- Spot Price: The current market rate of MATIC in USD
- 24h Volume: Total MATIC traded across all exchanges in the past 24 hours
- Market Capitalization: Price multiplied by circulating supply
- All-Time High: MATIC reached its peak price of $2.88 on December 26, 2021
- Price Change %: The percentage movement over selected time intervals
Understanding Polygon Network Metrics
Polygon network metrics provide deeper insight into MATIC price movements and ecosystem health.
- On-chain transaction volume and daily active users
- Total Value Locked (TVL) across Polygon DeFi protocols
- MATIC staking rate and validator count
- Gas fee trends on Polygon PoS chain
- Cross-chain bridge activity between Ethereum and Polygon
