DeFi Intel

Polygon chain

Chain · PageRank 0.2230

Also known as: Matic, Polygon PoS

Source: polygon.technology

Overview

Polygon (formerly Matic Network) is a proof-of-stake sidechain that runs in parallel to Ethereum, offering faster and cheaper transactions. It is designed to scale Ethereum-compatible dApps and is used for DeFi, NFTs, and gaming.

Within the DeFi Intel graph, Polygon connects to 296 tracked entities, most strongly to Pol, Ethereum, USD Coin.

Relations

Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 296 total).

RelationConnected entityConfidence
supports_tokenPol99%
settles_toEthereum95%
hostsUSD Coin95%
hostsTether USD95%
hostsMorpho Blue95%
hostsFranklin Templeton95%
hostsPolymarket95%
hostsDai95%
hostsUniswap V395%
hostsCurve DEX95%

More on Polygon

Frequently asked questions

Who founded Polygon?

Polygon was founded in 2017 as Matic Network by four engineers: Jaynti Kanani, Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic.

What is POL?

POL is Polygon's native ERC-20 token, which replaced MATIC; validators stake it to secure the network and earn rewards, with a 10 billion supply.

What is AggLayer?

AggLayer, introduced by Polygon Labs in January 2024, aggregates zero-knowledge proofs from multiple chains so Layer 1 and Layer 2 networks can be connected into a unified system.

Sources

Facts on this page were verified against the following sources.