what's polygon?
Polygon is a blockchain platform designed as a Layer-2 scaling solution for Ethereum, enabling faster and cheaper transactions while maintaining security through proof-of-stake consensus. Its purpose is to create a multi-chain ecosystem compatible with Ethereum, supporting decentralized applications (dApps) in DeFi, NFTs, gaming, and real-world assets (RWAs). The native token, POL (formerly MATIC), facilitates staking, governance, and liquidity across Polygon chains, with recent upgrades enhancing tokenomics for better scalability and interoperability. Key features include native support for stablecoins like USDT0, high TVL in RWAs ranking third among chains, and innovations in payment solutions such as MCP and x402 for global and developing-world applications. Polygon powers millions of daily transactions and integrates with major institutions for staking and asset tokenization.
Polygon features Covalent real-time data, $3.57B Q4 payments, and new tech for finality.
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ethereum
polygon-pos
Supported as a destination chain in Circle's crosschain forwarding service for Bridge Kit and Circle Gateway, enabling automated destination-chain execution for crosschain transfers.
Achieved a 24-hour peak revenue rate of $18.2k per hour on Polygon PoS.
Reached an all-time high of $3.28 billion in stablecoins on the network.
Integrated with Rivalz AI's MOZAI expansion, enabling a USDC Agent automation feature on Polygon.
JPYC powers merchant payments across Japan on the network.
Launched Rio upgrade in October 2025, which overhauled the chain's architecture for payment-specific performance.
Acquired Coinme (a payments firm with money transmitter licenses) and Sequence (wallet infrastructure) for $250M in January 2026.
Holds 2,322 BTC on Polygon PoS network as of 2026-02-25.
Listed among top gainers with ticker POL alongside ICP, M, PUMP, and AAVE on February 27, 2026.
Banco Braza launched its Brazilian Real-backed stablecoin (BBRL) on Polygon, with Grupo Braza, Brazil's largest foreign exchange bank.
Scheduled Lisovo hard fork March 4, 2026, adding PIP-82 gas subsidies for agent-to-agent payments, smart contract compatibility, passkey-based wallet support, flexible fee tuning, and enhanced transaction delivery reliability.
Increased gas limit to 110M, bringing maximum throughput to over 2,600 transactions per second and approximately 224M transactions per day capacity.
Distributed Katana vKAT airdrop to POL stakers, with additional rewards for voting with vKAT.
Used as the RPC infrastructure by Ankr to support a Coinbase engineer pulling 400M+ Polymarket trades (36GB compressed data) at 1,500 requests per second.
Integrated with WalletConnect Pay to enable real-world merchant payment adoption.
USD stablecoin transactions increased 13% week-over-week.
Integrated with Koywe Latam for payment tracking, processing $30 million per month in LATAM through stablecoin payments.
AAVE V3 deployment on Polygon has $455K in bad debt that cannot be liquidated by existing bots.
Has 2,079,032 on-chain POL token holders across chain scan sites.
Dominates crypto card spending activity alongside Ethereum, with the combined market reaching $1.5B from $100M over 24 months.
Released Trails MCP Server, enabling AI agents and LLMs to execute cross-chain transactions (payments, swaps, bridges) across 50+ chains through a single secure endpoint.
Burned 100,000,000 POL on February 20, 2026.
Deployed privacy suite for confidential stablecoin transfers, treasury, payroll, and supplier payments on Polygon, using zero-knowledge cryptography to shield ERC-20s and NFTs.
QuickNode integrated support for x402 payments on Polygon.
Integrated with Coca Wallet to power stablecoin payment infrastructure for Visa acceptance, providing a settlement layer and enabling USDC and EURC cashback rewards on everyday subscriptions.
Achieved 36.4% year-over-year growth in onchain activity.
Uniswap governance is voting to activate protocol fees on all v3 pools across Polygon and seven other blockchain networks to standardize revenue collection beyond Ethereum mainnet.
Staking APR reached above 9.5%, with 8.33% APR as of February 19, 2026, composed of 5.12% from network usage fees and 3.21% from protocol staking rewards.
Has been having internal conversations about the need to iterate on business strategy, pursuing sequencer-centric approaches to address financial sustainability concerns.
Coinme powers onramps at over 15,000 U.S. locations embedded directly in Trust Wallet using Polygon infrastructure.
Polymarket is expected to migrate away from Polygon to its own chain, removing a major application from the network.
EtherFi Cash migrated from Scroll to OP Mainnet, recovering activity for Polygon's competitor Optimism with associated cashback and reward costs.
Generated $1.05M in gas fees from prediction markets over the past 7 days, representing 62% of total gas fees on Polygon PoS.
Integrated POL staking into Ledger Wallet via YieldXYZ, using a Ledger by Meria Finance validator node.
Experienced 1 network outage in the past five years.
Accounts for 91% of stablecoin transfer volume in the APAC region, achieving 90% market share in APAC stablecoin activity.
POL token burn rate is accelerating while validator rewards are strengthening.
Integrated with Chainlink standard across multiple services during the week of February 9-15, 2026, as one of five chains (alongside BNB Chain, Ethereum, Robinhood Chain, and Solana) supporting 12 total Chainlink integrations.
Upgraded to native USDT0 on January 15, 2026.
Plasma reached $5.9 billion in Aave deposits within 48 hours of the USDT0 upgrade, becoming the second-largest Aave market globally.
Wach_AI released x402-wach SDK for CLI-based DeFi risk analysis across Base, Polygon, Ethereum, Solana, and BSC.
Morgan Stanley seeks blockchain software engineer for Polygon, Hyperledger, Canton, Hyperliquid, and Ethereum integration.
Expected to receive listings on US platforms soon.
Polymarket expanded 5-minute markets using Polygon for capacity and speed, built on Polygon.
Ranks #1 by USDC transactions, handling 31.9M weekly USDC transactions and 53% of all weekly USDC transfers.
Processed nearly 7.5 million transactions in a single day.
Listed among top crypto gainers with POL, RAIN, TON, CC, and XAUT on February 18, 2026.
Received 563M+ RPC relays through Lava Network providers over the past 30 days.
Hosts tokenized real estate listings from Reental including Proyecto 100 ($5,150,000 market cap) and Abu Dhabi 1 ($1,793,500 market cap) on its network.
Subsidized $1M in gas base fees for agent-to-agent transactions via x402 facilitators, effective 2026-03-04.
Obtained US Money Transmitter License, enabling USDC tax refunds at Milan, Rome, and Venice airports by February 2026 through Global Blue Group and Shift4. Powers MetaMask Card infrastructure via BaanxGroup and Coinme, enabling USDC spending from self-custody wallets at Mastercard-accepting merchants.
Supported as one of six chains (Ethereum, Arbitrum, Optimism, Base, Polygon, BNB Chain) for multichain token swaps in Ledger Wallet app via OKX DEX integration.
Integrated with Dyadnum, a WhatsApp trading bot that enables DeFi trading within WhatsApp using Polygon's network for transaction processing.
Joined the Enterprise Ethereum Alliance alongside Nethermind and Ethena to collaborate with enterprises on global settlement, merchant access, and compliant rails.
Launched Polystrat, an AI agent for trading on Polymarket, on February 10, 2026, executing via x402 protocol.
Reached all-time high in stablecoin volume in mid-January 2026, surpassing Solana and Base, settling $2.3 trillion in transaction volume.
Included in the Blockchain Payments Consortium commenting to the FED on skinny master accounts, alongside Fireblocks, Solana, and TON, arguing the model would eliminate anti-competitive practices in payment systems.
Burned over 3 million POL tokens in network fees leading up to February 9, 2026.
Integrated with Meridian's multi-token facilitator contract that enables cross-token transfers within the Polygon chain using ERC20 signing permit features.
Migrates from bridged USDC.e to Circle-issued Native USDC through partnership with Circle and Polymarket for improved transparency and capital efficiency in prediction market liquidity.
Integrated with Covalent's GoldRush Streaming API, enabling real-time subscriptions to price feeds, new DEX pairs, contract events, and wallet activity on Polygon mainnet.
Achieved $3.57B in payment transaction volume in Q4, representing a 399% year-over-year increase.
DeFi TVL reached $1.16B in Q4 2025, up 2% QoQ and 34% YoY.
Deployed the Rio hardfork in Q4 2025 to deliver near-instant finality.
Ranks #1 as the largest neutral liquidity platform on Ethereum and in the top 5 among all blockchains.
Shipped Stylus, Timeboost, BoLD, and multi-gas targets, increasing gas limit to 100M. Achieved throughput of over 2,100 TPS, a 38% increase in network capacity, and 22.96 Mgas/s on PoS chain, up 6.9% in 24 hours and 28% in 30 days.
Hosting a USDC Hackathon on Moltbook focused on agentic systems that pay, send, or settle on Polygon.
ERC-8004 standard for portable agent identity and reputation went live on Polygon.
Integrated with Pact Swap (built on Coinweb) for native cross-chain DEX functionality, enabling direct L1 swaps with Ethereum liquidity without wrapped assets or relayers.
Partners with Jio Platforms for onchain integration.
Partners with Stripe for onchain integration.
Partners with Disney for onchain integration.
Partners with Revolut for onchain integration.
Concluded the Polygon x Kaito Yapper Campaign, awarding Top 20 Creators and Top 5 Korean Creators.
Stablecoin supply increased by $48.1M (+1.6%) in 24 hours.
Biomapper C2 launched on Polygon, bringing unique human verification onchain from Humanode.
Mentioned as one of multiple chains supporting tokenized yen alongside Ethereum and Avalanche.
Hosts $600 million in tokenized commodities supply, representing the second-largest share after Ethereum.
Launched Billon, Asia's first RWA leveraged vault, in collaboration with AlloyX_Limited, providing institutional-grade leverage, risk management, and yield optimization for tokenized real-world assets.
JPYC lending markets launched on Morpho exclusively on Polygon in collaboration with Steakhouse Finance and PAOTECH Labs.
Leads x402 agentic payment transactions with 49.7% share as of February 2026, down from a peak above 88%, with 30 wallets responsible as of January 27, 2026.
Surpassed Ethereum in daily transaction fees on February 15, 2026.
Featured as a platform where crypto-native startups and global financial institutions compete to distribute financial products, in the context of tokenized assets being the fastest-growing category in crypto.
Polygon CEO founded Sentient AGI, an AI research lab that raised $85M in seed funding co-led by Founders Fund.
Render Network deprecated its Polygon network deployment and implemented a direct Polygon-to-Solana token bridge for RNDR on Polygon to RENDER on Solana, with tailored bridge support ending on March 1, 2026.
Recorded approximately 191 transactions per user annually in 2025.
Mastercard announced it will build on Polygon to expand its Crypto Credential program to self-custody wallets, working with Mercuryo.
FAR Labs completed migration from Polygon to BNB Chain, closed February 11, 2026.
Integrated with Hyperbridge to enable bridging, swapping, and asset transfers to Polygon with cryptographic certainty.
Acquired Coinme and Sequence to become a U.S. regulated payments platform and support fiat on/off ramps.
Cuts 30% of staff in a major restructuring focused on shifting toward stablecoin payments.
Polymarket accounts for 74% of top contract activity, with a Polymarket MEV bot representing an additional 5%.
Conducted layoffs affecting over 40 employees.
Achieved $216.26 million in 24-hour trading volume.
Implemented PIP-69 upgrade, which converts validator share tokens into 1:1 dPOL representation with full ERC-20 functionality to enable liquid staking tokens and DeFi composability for staked POL.
Acquired TrailsHQ, enabling 1-click transactions with any token.
Github development activity events increased 56.8% week-over-week for the period ending approximately January 13, 2026.
Processed $261 million in NOWPayments payment volume during 2025.
USDC daily transfers reached all-time highs with 7.7M transactions across $593M in value.
Hosts a Gaming hub with a $100,000 community reward pool in collaboration with Immutable and miomi_game.