DeFi Intel

MATIC — Polygon (POL)

MATIC is the native token of Polygon (POL), currently ranked #17 by market capitalisation in the Layer 2 category with an approximate circulating market cap of 8B. This page provides live price data, tokenomics, recent news flow, and peer comparison drawn from the DeFi Intel research database.

Live price & chart

Tokenomics

SymbolMATIC
CategoryLayer 2
Market cap rank#17
Approx market cap$8B
Total supply10,000,000,000
Circulating supply9,800,000,000
Max supply10,000,000,000
Inflationary?No (hard cap)

Issuer

polygon labs is the principal issuing or sponsoring entity for MATIC.

Chains

MATIC is live on the following chains:

Recent news

Comparison to peers

The closest peers of MATIC in the Layer 2 category by market-cap rank:

Audit history

MATIC smart contracts have been audited by recognised firms; the DeFi Intel /audits/ index lists the latest engagements. As with any DeFi asset, audits reduce but do not eliminate residual risk.

Risk factors

Key risk factors for MATIC: competitive pressure from other chains and L2s, validator/sequencer centralisation. Sizing should reflect the principal's tolerance for these risks; the DeFi Intel research desk views MATIC risk as commensurate with its category mean.

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