POL Token Price (ex-MATIC) – Live USD Data
The POL token, formerly known as MATIC, is the native cryptocurrency of the Polygon network. As of March 2026, the POL token price is approximately $0.096 USD, with a 24-hour trading volume of $61 million and a market capitalization of $1.02 billion USD.
What Is the POL Token?
POL (ex-MATIC) serves multiple critical functions within the Polygon ecosystem. It is the primary gas token used to pay transaction fees on the Polygon PoS chain, the staking token that validators must lock to secure the network, and the governance token that gives holders voting rights over protocol upgrades and parameters. As Polygon 2.0 develops, POL is designed to power a vast ecosystem of zero-knowledge-based Layer-2 chains.
MATIC to POL Migration
Polygon completed a phased migration from MATIC to POL as part of its Polygon 2.0 initiative. The migration involved a 1:1 swap of MATIC for POL tokens. Most platforms now list the asset as "POL (ex-MATIC)" to reflect this transition. The total supply remained fixed at approximately 10.6 billion tokens during the migration, preserving existing holders' positions.
POL Token Utility in Polygon 2.0
Under the Polygon 2.0 architecture, POL is designed to serve as the foundational token for the entire Polygon ecosystem, not just the original PoS chain. Validators who stake POL will be able to validate transactions across multiple Polygon chains simultaneously, earning rewards from each network they support. This "restaking" mechanism is designed to increase demand for POL tokens as the number of Polygon chains grows.
Staking POL Tokens
POL token holders can participate in network security by staking their tokens with validators on the Polygon PoS network. Staking rewards are distributed from transaction fees and protocol emissions. Stakers also become eligible for potential Agglayer ecosystem airdrops, providing additional incentive to hold and stake POL tokens long-term.
POL is more than just a payment token — it is the economic backbone of an entire multi-chain ecosystem designed to scale Ethereum to global adoption.
As Polygon continues building out its ZK-rollup infrastructure and expanding enterprise partnerships, the POL token price reflects both current market sentiment and long-term expectations for the network's adoption trajectory.
