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MATIC

MATIC (MATIC)

$ 0.37
Main info
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Market cap
$819.71M
Volume (24h)
$3.78M
Circulating supply
2,175,190,262 MATIC
Total supply
10,000,000,000 MATIC

About MATIC

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger.

Key data

updated $0
Market cap$819.71M
Volume 24h$3.78M
Circulating supply2.18B

MATIC is the token that powers Polygon — a network built to make Ethereum transactions faster and cheaper. Its ticker on exchanges is simply MATIC, and the token itself lives on the Ethereum blockchain as a standard smart-contract token. In practice, it's the fuel of the Polygon ecosystem: you use it to pay network fees and to stake, helping keep the network secure.

Frequently asked questions

What is MATIC, and how is it different from Ethereum?

MATIC is the native token of Polygon, a scaling network that works alongside Ethereum rather than replacing it — picture a fast side road that takes pressure off the main highway. ETH pays for transactions on the Ethereum main chain, while MATIC pays for activity on Polygon, where fees are typically just a fraction of Ethereum's. Assets can move between the two networks through bridges.

How does MATIC's proof-of-stake consensus work?

Polygon runs on proof-of-stake: validators lock up (stake) their MATIC as collateral and get picked to confirm new blocks in proportion to their stake. Anyone who tries to cheat risks losing part of that stake, so honesty literally pays. If you don't want to run a validator yourself, you can delegate your tokens to one and share in the staking rewards.

How is MATIC's supply and emission structured?

MATIC's emission is fully capped — the total supply can never exceed 10 billion tokens, and that limit is written into the code. New coins enter circulation only as staking rewards, released on a predictable, publicly auditable schedule. There's no hidden printing press: anyone can verify the current supply and the rules behind it on-chain.

Where can you store and use MATIC?

Because MATIC is an Ethereum-based token, it works with any wallet that supports the ecosystem — MetaMask, Trust Wallet, or hardware wallets like Ledger and Trezor. In practice you'll need it to pay fees on Polygon apps, and you can stake it through the official site, matic.network. If you ever add the token manually, double-check the contract address: 0xe3d474f3686a831bf380498d1dbd57fdf972ca30.