Polygon POL Token Explained

MATIC to POL Migration & What Changed

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Polygon POL Token Explained

Polygon is transitioning its native token from MATIC to POL (Polygon Ecosystem Token) as part of the Polygon 2.0 upgrade. The migration is nearly complete, with 97.83% of MATIC holders already upgraded to POL. The new POL token serves as the native gas token and staking token for the entire Polygon ecosystem, with expanded utility across the multi-chain AggLayer infrastructure.

POL will gradually replace the current MATIC token over 4 years as part of Polygon 2.0, marking a new era for Polygon's multi-chain scaling ecosystem.

The upgrade from MATIC to POL is more than a rebranding — it represents a strategic evolution of the token's role within the Polygon ecosystem. While MATIC was used primarily for gas fees and staking on Polygon PoS, POL is designed to power multiple chains within the Polygon architecture simultaneously. Token holders staking POL can validate multiple chains at once, earning rewards from each, and become eligible for AggLayer ecosystem airdrops.

The total supply of POL is capped at 10 billion tokens initially, with a planned 1% annual issuance to fund the ecosystem and staking rewards. The transition timeline stretches over 4 years per CoinGecko's documentation. The current CoinMarketCap ranking for POL (prev. MATIC) is #53 with a live market cap above $1 billion USD. Platforms like MetaMask, Ledger, and MoonPay already display the updated POL ticker while maintaining backward compatibility with the MATIC symbol for legacy users.

  • 97.83% of MATIC holders upgraded to POL

  • POL powers multiple chains via AggLayer

  • 1% annual issuance for ecosystem rewards

  • Eligible for AggLayer ecosystem airdrops

  • Supported on Binance, Coinbase, MetaMask, Ledger

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