Polygon was founded in 2017 by Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic, originally under the name Matic Network. The team is based primarily in India and has since grown into a globally distributed organization known as Polygon Labs.

החלף והמיר Polygon (POL) בשערים בזמן אמת עם Bitcoin.com

Q: What is the purpose of Polygon (POL)?

Polygon (POL) is the native token powering the Polygon ecosystem, used for transaction fees, staking, governance, and restaking across multiple Layer 2 chains. It ensures network security, supports validator incentives, and enables participation in Polygon's interconnected ZK-powered architecture.

Q: How is Polygon 2.0 different from the original Matic Network?

Polygon 2.0 transforms the network from a single PoS sidechain into a multi-chain Layer 2 ecosystem. It's built around ZK-rollup technology, shared liquidity, and the POL token, which can be re-staked across chains to validate and secure the entire network simultaneously.

Q: When did MATIC officially migrate to POL?

The migration from MATIC to POL began in September 2024 on a 1:1 basis, following approval by the Polygon community. POL now serves as the universal token for all Polygon 2.0 components, with support across major exchanges and the Ethereum mainnet.

Q: What consensus mechanism does Polygon use?

Polygon PoS uses a Proof-of-Stake consensus mechanism, where validators stake POL tokens to secure the network and validate transactions. Other Polygon chains - like zkEVM - leverage zero-knowledge proofs for Layer 2 scalability and finality on Ethereum.

Q: What is the Polygon zkEVM?

The Polygon zkEVM (zero-knowledge Ethereum Virtual Machine) is a Layer 2 rollup that uses ZK proofs to batch and verify transactions on Ethereum. It offers full EVM compatibility, allowing developers to deploy existing Ethereum smart contracts with lower costs and faster settlement.

Q: What are the main components of the Polygon ecosystem?

Polygon's ecosystem includes the PoS chain, zkEVM, and CDK (Chain Development Kit) - a toolkit for launching custom ZK-powered Layer 2 chains. These components interconnect through shared liquidity and security, all secured by POL staking.

Q: What are some recent upgrades to the Polygon network?

In 2025, major upgrades included the Bhilai Hardfork (July 1), which enhanced throughput and enabled EIP-7702 account abstraction; Heimdall v2 (July 10), reducing transaction finality to ~5 seconds; and VEBloP (October 7), eliminating chain reorganizations with validator-elected block producers.

Q: How does POL staking work?

POL holders can stake their tokens to become validators or delegate to existing validators. With Polygon 2.0's restaking feature, stakers can secure multiple chains at once, earning rewards from various network roles such as validation, sequencing, and proof generation.

Q: Is POL used for governance?

Yes. POL enables holders to participate in governance decisions affecting network upgrades, parameter changes, and treasury allocations. Polygon 2.0 governance is structured around open proposals and community-driven voting mechanisms.

What is POL?

POL is a digital currency designed for the future.

As its adoption continues to grow globally, it becomes an essential addition to any investment portfolio seeking future-proof assets.

Get POL Learn More

Polygon's growing ecosystem makes it a compelling option for forward-thinking investors

No Control from central Banks

Strong potential for high returns

Secure Transactions

Frequently Asked Questions

How much is 1 POL in USD?

The live price of 1 POL updates regularly based on live market data. Use the converter above to see the current rate.

How much POL can I get for 1 USD?

Prices change based on market activity. Use the converter above to check the current exchange rate for POL.

How do I convert POL to USD?

Use the converter at the top of this page. Enter any amount in POL or USD to get the instant conversion.

How can I buy POL?

You can buy POL directly with your local currency at Bitcoin.com. Support for credit cards, bank transfers, and payment apps.

What affects the price of POL?

The price of POL changes based on supply, demand, trading volume, and overall crypto market trends.

What other cryptos can I convert?

Check out the respective converter pages for other major cryptocurrencies, or simply select an asset above.

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Polygon FAQ

What is the purpose of Polygon (POL)?

How is Polygon 2.0 different from the original Matic Network?

When did MATIC officially migrate to POL?

What consensus mechanism does Polygon use?

What is the Polygon zkEVM?

Who founded Polygon?

What are the main components of the Polygon ecosystem?

What are some recent upgrades to the Polygon network?

How does POL staking work?

Is POL used for governance?

How is Polygon secured?

What can you do on Polygon?

What are the advantages of using Polygon over other Layer 2s?

What wallets support POL and Polygon networks?

What's next for Polygon?