Polygon POS Blockchain Overview
Dive into the Polygon POS blockchain ecosystem. With a Total Value Locked (TVL) of $752,779,605.17 and a 0.82% market dominance, Polygon POS is a key player in the crypto space. Explore its top cryptocurrencies and real-time performance metrics below.
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Polygon POS
Polygon (formerly known as Matic Network) is a Layer 2 scaling solution for Ethereum, designed to enhance the network's scalability and efficiency. It utilizes a Proof-of-Stake (PoS) consensus mechanism and sidechains to facilitate faster, cheaper transactions while maintaining security. Unique aspects include its compatibility with Ethereum's ecosystem and support for multiple scaling solutions, such as zk-rollups and optimistic rollups.
Total Value Locked (TVL)
$753M
+4.58% 24h change
-6.33% 7d change
Market Dominance
0.82%
8 Number of Cryptocurrencies
Native Coin
Polygon
$0.2022 Actual price
-0.15% 24h change
