Market Data & Token Stats
| Fully Diluted Valuation | $1.01B |
|---|---|
| 24H Trading Volume | $50.33M |
| 24H Low / High | $0.09231 / $0.09496 |
| Circulating Supply | 10.63B |
| Total Supply | 10.63B |
| Max Supply | ∞ |
Key Project Information
| Categories | Proof of Stake (PoS) 5 more |
|---|---|
| Founder | Jaynti Kanani 3 more |
| Website | polygon.technology Whitepaper 1 more |
| Socials | 2 more |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Etherscan 3 more |
| Contracts |
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OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
POL (ex-MATIC) (pol) Expert User Reviews
Is POL (ex-MATIC) safe or a scam? Read verified Crypto OG reviews about POL (ex-MATIC)
$pol Markets
| Name | Pair | OG Score |
|---|
About POL (ex-MATIC)
Polygon: Overview and Core Offerings
Polygon is an Ethereum-compatible Layer 1 blockchain operating on a proof-of-stake consensus. The team provides a modular framework designed to scale and enhance Ethereum through multiple Layer-2 and application-specific solutions. The network supports fast, low-cost transactions and includes a comprehensive suite of tools for real-world assets and global payments. Its key components include Polygon PoS, Polygon zkEVM, Miden, AggLayer and development resources such as the AggLayer CDK and Vault Bridge.
Key Products and Technologies
Polygon’s product set targets different scaling and interoperability needs:
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Polygon PoS: An EVM-compatible sidechain designed for everyday crypto payments and real-world asset workflows. It combines low transaction fees, fast finality and broad ecosystem support.
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Polygon zkEVM: A ZK-rollup that preserves EVM equivalence to maximize compatibility with existing Ethereum tooling and smart contracts. (Note: Polygon has announced sunsetting of zkEVM during 2026 while it continues to operate with POL and ETH in the interim.)
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AggLayer and Agglayer CDK: A trustless, cross-chain interoperability protocol and development kit for building ZK-based Layer-2s.
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Miden: A zk-optimized rollup focused on client-side proving and privacy-oriented execution.
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Vault Bridge: Infrastructure to convert bridge TVL into chain-native revenue and improve capital efficiency.
Polygon PoS Architecture (Technical Summary)
The Polygon PoS system uses a dual-layer design:
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Heimdall (consensus layer): A set of proof-of-stake nodes (now based on CometBFT) that monitor staking contracts on Ethereum, track bridging events and submit periodic checkpoints to Ethereum.
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Bor (execution layer): Block-producing nodes (Geth/Erigon compatible) that handle transaction execution on the PoS chain. Heimdall coordinates Bor node selection and checkpoint submission.
Transaction lifecycle highlights:
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User submits a transaction on Polygon PoS.
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Public checkpoint nodes validate transactions and form a checkpoint (Merkle root).
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Checkpoints are submitted to core contracts on Ethereum, which verify and anchor state.
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Transactions are executed and finalized on Polygon PoS; assets can be bridged back to Ethereum via the exit queue.
Checkpoint verification and the core Ethereum contracts are central to security and cross-chain asset transfers, while simple L2→L2 transfers can approach near-instant finality.
Performance, Usage and Metrics
Polygon promotes high throughput and low costs for mass adoption:
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Low average transaction cost and sub-second to second level finality for common flows.
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Large on-chain activity: hundreds of millions of unique addresses, billions of transactions and significant stablecoin supply and transfer volume across the ecosystem.
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Roadmap targets include continued increases in throughput (roadmap references 100K TPS ambitions in long-term research).
Token Utility and Participation
POL is the native ecosystem token used for fees, staking, governance and participating in network security mechanisms on Polygon networks. Users may delegate POL to validators to contribute to network security and earn staking rewards. The token supports interoperability across Polygon’s modular stack.
Recent and Upcoming Developments
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Migration and modularization: Polygon is evolving toward a multi-L2, ZK-focused ecosystem connected via AggLayer and dedicated data availability layers.
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zkEVM lifecycle: The zkEVM offering remains active today but has a planned sunsetting phase during 2026; Polygon’s roadmap signals migration of functionality into the broader modular stack and AggLayer interoperability.
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Ongoing tool and protocol improvements: Enhancements across PoS, staking UX, developer tooling (Agglayer CDK) and bridge economics (Vault Bridge) are prioritized to improve adoption and capital efficiency.
Use Cases and Ecosystem Adoption
Polygon supports a wide range of applications: DeFi, payments, tokenized real-world assets, NFTs and developer tooling. Its EVM compatibility and expanding ZK toolset make it a common target for teams seeking lower fees while maintaining Ethereum composability.
Conclusion
Polygon offers a multi-pronged approach to scaling Ethereum that combines an established PoS sidechain with ZK-rollup research and a modular interoperability stack. The platform’s near-term utility rests on Polygon PoS and zkEVM, while its strategic direction emphasizes ZK interoperability, data availability solutions and developer tooling. Future outcomes will depend on execution of the modular roadmap, migration plans for zkEVM and continued adoption by developers and institutions.
Is Polygon PoS a Layer 1 or Layer 2 blockchain network?
Short Answer:
Polygon PoS is a hybrid between a sidechain and a Layer 2 solution. It operates as a separate blockchain with its own Proof-of-Stake consensus but relies on Ethereum for certain security and settlement functions through periodic checkpoints.
Long Answer:
Polygon is a broader scaling framework for Ethereum, offering multiple solutions such as zkEVM, Miden and AggLayer. However, when most people refer to “Polygon,” they mean Polygon PoS, the most widely adopted chain in the ecosystem.
To understand its classification, it helps to look at Ethereum’s own definitions:
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Sidechain: A separate blockchain connected to Ethereum via a two-way bridge, running its own consensus and block parameters. It does not inherit Ethereum’s security.
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Layer 2: A network that operates on top of Ethereum and inherits Ethereum’s security guarantees by submitting its state changes or proofs to Ethereum Mainnet.
Polygon PoS fits in between these definitions. It functions independently like a sidechain, yet it commits periodic checkpoints and state summaries to Ethereum, adding an extra layer of security and transparency. This hybrid model is sometimes called a “commit chain”, though this term is informal.
Final View:
Polygon PoS combines characteristics of both sidechains and Layer 2s. It offers scalability and low fees while still connecting to Ethereum for settlement, but it does not fully inherit Ethereum’s security like true Layer 2 solutions such as Polygon zkEVM.
Why is Polygon PoS not fully independent or fully Layer 2?
Polygon PoS cannot be called a fully independent Layer 1 because it depends on Ethereum for finality and certain governance functions. At the same time, it is not a pure Layer 2 because its validator network is separate and it does not post all transaction data back to Ethereum. Instead, it serves as a middle-ground scaling network, balancing autonomy, speed and partial Ethereum security.
What makes Polygon PoS different from true Layer 2s like zkEVM, Arbitrum or Optimism?
Unlike zkEVM or Optimism, which inherit Ethereum’s security through zero-knowledge or optimistic proofs, Polygon PoS relies on its own validators for transaction validation. While this allows higher throughput and lower costs, it also introduces a separate trust layer, meaning its security depends on Polygon’s validator set rather than Ethereum’s mainnet consensus.
What is AggLayer and why does it matter?
AggLayer is a trustless, cross-chain interoperability protocol that aims to connect ZK-based L2s and enable a unified, multi-chain Layer-2 ecosystem.
How does POL support network participation?
POL is used for transaction fees, staking, validator participation and governance. Token holders can delegate to validators to help secure the network and earn rewards.
What is the future of Polygon zkEVM?
Polygon announced that zkEVM will be phased out (sunsetting) during 2026; its functionality is intended to be absorbed into the broader modular stack and AggLayer interoperability plans while POL and ETH continue to be used in the ecosystem.
What is unique about POL (ex-MATIC) (POL)?
POL combines existing Polygon protocols with zero-knowledge technology, enhancing Ethereum's scalability and usability.
Who are the founders of POL (ex-MATIC) (POL)?
Polygon, which includes POL, was founded by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic in 2017.
Where can I buy POL (ex-MATIC) (POL)?
You can buy POL (ex-MATIC) (POL) on Binance, Bybit, CoinbaseOKXGate.io cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the POL (ex-MATIC) Official Website, POL (ex-MATIC) Whitepaper, POL (ex-MATIC) GitHub Repository and POL (ex-MATIC) X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.