Polygon (blockchain) Logo in Vector

Polygon, originally launched as Matic Network, is a blockchain platform focused on scaling Ethereum by providing a multi-chain ecosystem that remains fully compatible with the Ethereum network.

Operating as a Layer-2 solution, Polygon processes transactions on its own network before anchoring them to Ethereum through periodic checkpoints, ensuring lower fees and faster speeds without sacrificing security.

Its native token, POL, follows the ERC-20 standard, enabling seamless interaction across the Ethereum ecosystem. Polygon supports a wide range of decentralized applications, including DeFi platforms, DAOs, and NFT projects, and is developed by Polygon Labs.

• Founded: 2017
• Country: India (origins and founding team; global operations)