polygon06
$pol
MCAP1.07B
-12.06%

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.

Snapshot

Polygon features Covalent real-time data, $3.57B Q4 payments, and new tech for finality.

contract

ethereum

polygon-pos

17H ago
TECH EVENT

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.

18H ago
ONCHAIN METRICS

Achieved a 24-hour peak revenue rate of $18.2k per hour on Polygon PoS.

19H ago
ONCHAIN METRICS

Reached an all-time high of $3.28 billion in stablecoins on the network.

1D ago
PARTNERSHIP

Integrated with Rivalz AI's MOZAI expansion, enabling a USDC Agent automation feature on Polygon.

PARTNERSHIP

JPYC powers merchant payments across Japan on the network.

2D ago
TECH EVENT

Launched Rio upgrade in October 2025, which overhauled the chain's architecture for payment-specific performance.

FINANCIAL EVENT

Acquired Coinme (a payments firm with money transmitter licenses) and Sequence (wallet infrastructure) for $250M in January 2026.

ONCHAIN METRICS

Holds 2,322 BTC on Polygon PoS network as of 2026-02-25.

MARKET ACTIVITY

Listed among top gainers with ticker POL alongside ICP, M, PUMP, and AAVE on February 27, 2026.

3D ago
PARTNERSHIP

Banco Braza launched its Brazilian Real-backed stablecoin (BBRL) on Polygon, with Grupo Braza, Brazil's largest foreign exchange bank.

TECH EVENT

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.

TECH EVENT

Increased gas limit to 110M, bringing maximum throughput to over 2,600 transactions per second and approximately 224M transactions per day capacity.

FINANCIAL EVENT

Distributed Katana vKAT airdrop to POL stakers, with additional rewards for voting with vKAT.

VISIBILITY EVENT

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.

4D ago
PARTNERSHIP

Integrated with WalletConnect Pay to enable real-world merchant payment adoption.

ONCHAIN METRICS

USD stablecoin transactions increased 13% week-over-week.

PARTNERSHIP

Integrated with Koywe Latam for payment tracking, processing $30 million per month in LATAM through stablecoin payments.

5D ago
RISK ALERT

AAVE V3 deployment on Polygon has $455K in bad debt that cannot be liquidated by existing bots.

6D ago
ONCHAIN METRICS

Has 2,079,032 on-chain POL token holders across chain scan sites.

ONCHAIN METRICS

Dominates crypto card spending activity alongside Ethereum, with the combined market reaching $1.5B from $100M over 24 months.

1W ago
TECH EVENT

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.

TOKEN ECONOMICS

Burned 100,000,000 POL on February 20, 2026.

TECH EVENT

Deployed privacy suite for confidential stablecoin transfers, treasury, payroll, and supplier payments on Polygon, using zero-knowledge cryptography to shield ERC-20s and NFTs.

PARTNERSHIP

QuickNode integrated support for x402 payments on Polygon.

PARTNERSHIP

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.

ONCHAIN METRICS

Achieved 36.4% year-over-year growth in onchain activity.

MARKET 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.

ONCHAIN METRICS

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.

OPINION SPECULATION

Has been having internal conversations about the need to iterate on business strategy, pursuing sequencer-centric approaches to address financial sustainability concerns.

PARTNERSHIP

Coinme powers onramps at over 15,000 U.S. locations embedded directly in Trust Wallet using Polygon infrastructure.

RISK ALERT

Polymarket is expected to migrate away from Polygon to its own chain, removing a major application from the network.

PARTNERSHIP

EtherFi Cash migrated from Scroll to OP Mainnet, recovering activity for Polygon's competitor Optimism with associated cashback and reward costs.

ONCHAIN METRICS

Generated $1.05M in gas fees from prediction markets over the past 7 days, representing 62% of total gas fees on Polygon PoS.

PARTNERSHIP

Integrated POL staking into Ledger Wallet via YieldXYZ, using a Ledger by Meria Finance validator node.

RISK ALERT

Experienced 1 network outage in the past five years.

ONCHAIN METRICS

Accounts for 91% of stablecoin transfer volume in the APAC region, achieving 90% market share in APAC stablecoin activity.

TOKEN ECONOMICS

POL token burn rate is accelerating while validator rewards are strengthening.

PARTNERSHIP

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.

TECH EVENT

Upgraded to native USDT0 on January 15, 2026.

ONCHAIN METRICS

Plasma reached $5.9 billion in Aave deposits within 48 hours of the USDT0 upgrade, becoming the second-largest Aave market globally.

TECH EVENT

Wach_AI released x402-wach SDK for CLI-based DeFi risk analysis across Base, Polygon, Ethereum, Solana, and BSC.

PARTNERSHIP

Morgan Stanley seeks blockchain software engineer for Polygon, Hyperledger, Canton, Hyperliquid, and Ethereum integration.

MARKET ACTIVITY

Expected to receive listings on US platforms soon.

2W ago
PARTNERSHIP

Polymarket expanded 5-minute markets using Polygon for capacity and speed, built on Polygon.

ONCHAIN METRICS

Ranks #1 by USDC transactions, handling 31.9M weekly USDC transactions and 53% of all weekly USDC transfers.

ONCHAIN METRICS

Processed nearly 7.5 million transactions in a single day.

MARKET ACTIVITY

Listed among top crypto gainers with POL, RAIN, TON, CC, and XAUT on February 18, 2026.

ONCHAIN METRICS

Received 563M+ RPC relays through Lava Network providers over the past 30 days.

PARTNERSHIP

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.

TOKEN ECONOMICS

Subsidized $1M in gas base fees for agent-to-agent transactions via x402 facilitators, effective 2026-03-04.

PARTNERSHIP

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.

VISIBILITY EVENT

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.

PARTNERSHIP

Integrated with Dyadnum, a WhatsApp trading bot that enables DeFi trading within WhatsApp using Polygon's network for transaction processing.

PARTNERSHIP

Joined the Enterprise Ethereum Alliance alongside Nethermind and Ethena to collaborate with enterprises on global settlement, merchant access, and compliant rails.

TECH EVENT

Launched Polystrat, an AI agent for trading on Polymarket, on February 10, 2026, executing via x402 protocol.

ONCHAIN METRICS

Reached all-time high in stablecoin volume in mid-January 2026, surpassing Solana and Base, settling $2.3 trillion in transaction volume.

VISIBILITY EVENT

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.

TOKEN ECONOMICS

Burned over 3 million POL tokens in network fees leading up to February 9, 2026.

PARTNERSHIP

Integrated with Meridian's multi-token facilitator contract that enables cross-token transfers within the Polygon chain using ERC20 signing permit features.

PARTNERSHIP

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.

3W ago
TECH EVENT

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.

ONCHAIN METRICS

Achieved $3.57B in payment transaction volume in Q4, representing a 399% year-over-year increase.

ONCHAIN METRICS

DeFi TVL reached $1.16B in Q4 2025, up 2% QoQ and 34% YoY.

TECH EVENT

Deployed the Rio hardfork in Q4 2025 to deliver near-instant finality.

ONCHAIN METRICS

Ranks #1 as the largest neutral liquidity platform on Ethereum and in the top 5 among all blockchains.

TECH EVENT

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.

VISIBILITY EVENT

Hosting a USDC Hackathon on Moltbook focused on agentic systems that pay, send, or settle on Polygon.

TECH EVENT

ERC-8004 standard for portable agent identity and reputation went live on Polygon.

PARTNERSHIP

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.

1M ago
PARTNERSHIP

Partners with Jio Platforms for onchain integration.

PARTNERSHIP

Partners with Stripe for onchain integration.

PARTNERSHIP

Partners with Disney for onchain integration.

PARTNERSHIP

Partners with Revolut for onchain integration.

VISIBILITY EVENT

Concluded the Polygon x Kaito Yapper Campaign, awarding Top 20 Creators and Top 5 Korean Creators.

ONCHAIN METRICS

Stablecoin supply increased by $48.1M (+1.6%) in 24 hours.

TECH EVENT

Biomapper C2 launched on Polygon, bringing unique human verification onchain from Humanode.

VISIBILITY EVENT

Mentioned as one of multiple chains supporting tokenized yen alongside Ethereum and Avalanche.

ONCHAIN METRICS

Hosts $600 million in tokenized commodities supply, representing the second-largest share after Ethereum.

PARTNERSHIP

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.

MARKET ACTIVITY

JPYC lending markets launched on Morpho exclusively on Polygon in collaboration with Steakhouse Finance and PAOTECH Labs.

ONCHAIN METRICS

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.

ONCHAIN METRICS

Surpassed Ethereum in daily transaction fees on February 15, 2026.

VISIBILITY EVENT

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.

FINANCIAL EVENT

Polygon CEO founded Sentient AGI, an AI research lab that raised $85M in seed funding co-led by Founders Fund.

MARKET ACTIVITY

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.

ONCHAIN METRICS

Recorded approximately 191 transactions per user annually in 2025.

PARTNERSHIP

Mastercard announced it will build on Polygon to expand its Crypto Credential program to self-custody wallets, working with Mercuryo.

MARKET ACTIVITY

FAR Labs completed migration from Polygon to BNB Chain, closed February 11, 2026.

PARTNERSHIP

Integrated with Hyperbridge to enable bridging, swapping, and asset transfers to Polygon with cryptographic certainty.

PARTNERSHIP

Acquired Coinme and Sequence to become a U.S. regulated payments platform and support fiat on/off ramps.

TEAM UPDATE

Cuts 30% of staff in a major restructuring focused on shifting toward stablecoin payments.

VISIBILITY EVENT

Polymarket accounts for 74% of top contract activity, with a Polymarket MEV bot representing an additional 5%.

TEAM UPDATE

Conducted layoffs affecting over 40 employees.

ONCHAIN METRICS

Achieved $216.26 million in 24-hour trading volume.

TECH EVENT

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.

PARTNERSHIP

Acquired TrailsHQ, enabling 1-click transactions with any token.

ONCHAIN METRICS

Github development activity events increased 56.8% week-over-week for the period ending approximately January 13, 2026.

ONCHAIN METRICS

Processed $261 million in NOWPayments payment volume during 2025.

ONCHAIN METRICS

USDC daily transfers reached all-time highs with 7.7M transactions across $593M in value.

FINANCIAL EVENT

Hosts a Gaming hub with a $100,000 community reward pool in collaboration with Immutable and miomi_game.