Polygon Price

Coin Prices

STHYPE

$37.59

-7.64%

Price data by

DecryptCoinsPolygon

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Polygon

matic

$0.198

-1.814%

Smart Contract Platform

BNB Chain Ecosystem

Polygon Ecosystem

Harmony Ecosystem

24-Hour Range

$0.194

$0.204

Low

High

Market Cap (Mcap)

Rank

#251

Mcap

$285.47M

Fully Diluted Mcap

$1.98B

Supply

Circulating

1,439,544,464

Total

10,000,000,000

Created On

N/A

All Time High (ATH)

ATH

$2.92

ATH Change

-93.2%

ATH Date

Dec 27th, 2021

Total Value Locked (TVL)

TVL

$5.24B

MCap to TVL Ratio

0.05

FDV to TVL Ratio

0.38

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Weekly Reports: A Deep Dive into Crypto and NFT alphas

If you're looking to keep up with the fast-moving world of crypto and NFTs, The Alpha Report has got you covered.
Our weekly updates are put together by folks deep in the crypto scene, giving you a clear picture of what's happening without overwhelming you.

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Learn about Polygon

What Are Prediction Markets? Understanding How Myriad Works

On-chain prediction markets such as Myriad have rapidly gained traction in recent years. Here’s how they work.

What Are Layer-2 Networks and Sidechains? Ethereum Scaling Explained

Layer-2 networks use a variety of technologies to address the scalability bottlenecks on layer-1 blockchains such as Ethereum.

Polygon News

Jul 30, 2025

Coins

Polygon Foundation Links Network Outage to 'Validator Exit'

Ethereum scaling solution Polygon was disrupted for over an hour on Wednesday after a validator leaving the network triggered an unexpected bug. In a since-deleted post on X, the Polygon Foundation said a “validator exit” temporarily prevented Heimdall, the network’s validation layer, from being able to progress. Polygon’s proof-of-stake chain, Bor, was still able to produce blocks, however, it said. A spokesperson for the Polygon Foundation told Decrypt that the post was replaced with a new one...

by André Beganski · 3 min read

Jul 29, 2025

The Projects

What Are Prediction Markets? Understanding How Myriad Works

On-chain prediction markets such as Myriad, launched by Decrypt's parent company DASTAN, have rapidly gained traction in recent years, enabling users to bet on the outcomes of events such as the U.S. Presidential election. So what are prediction markets, and how do they differ from conventional prediction markets? Read on to find out. What are prediction markets? Prediction markets have existed in one form or another since the 16th century. They allow users to speculate on the outcome of any fut...

by Stephen Graves, Reza Jafery · 6 min read

Jul 21, 2025

Business

Polymarket Eyes US Return via $112 Million Crypto Exchange Acquisition

Polymarket acquired the derivatives exchange QCX alongside efforts to return to the U.S., the crypto-powered prediction platform said in a press release on Monday. Purchasing the little-known firm, which is regulated under the Commodity Futures Trading Commission, should allow Polymarket to re-enter the U.S. as a fully regulated and compliant platform, founder and CEO Shayne Coplan said in a statement. “We are laying the foundation to bring Polymarket home,” he said. In the announcement, Polymar...

by André Beganski · 2 min read

Jul 15, 2025

Law and Order

Polymarket Investigations Dropped by Justice Department, CFTC

The U.S. Department of Justice and Commodity Futures Trading Commission have ended investigations into crypto-powered prediction markets platform Polymarket, a source familiar with the cases confirmed to Decrypt. Bloomberg first reported the news, citing an unnamed source familiar with the actions. Polymarket founder and CEO Shayne Coplan then confirmed the Bloomberg report via an X post. “Eight months ago, on election night, we were on top of the world after Polymarket called the election,” Cop...

by Mat Di Salvo · 2 min read

Jun 25, 2025

Business

Polymarket Nails NYC Democratic Mayoral Primary Upset, Nears $1B Unicorn Valuation

New York City wakes up Wednesday morning to a surprise: Zohran Mamdani has won the Democratic mayoral primary. While pollsters initially dismissed the progressive candidate, punters on blockchain-based prediction platform Polymarket correctly called his victory ahead of official confirmation. Before Tuesday's vote, conventional polls favored former Governor Andrew Cuomo. But sentiment among participants on Polymarket shifted rapidly toward Mamdani, after an Emerson College poll released Monday...

by Vince Dioquino · 3 min read

May 11, 2025

Opinion

Why Wall Street Won’t Embrace Crypto Without Zero-Knowledge Privacy

When you pay with a stablecoin like USDC, you may be giving up more than just money. As long as you’re transacting on a public blockchain, a merchant—or anyone, for that matter—can view your wallet, analyze your past transactions, and use or sell your personal financial history. This feature isn’t a minor inconvenience. It’s why serious institutions, from major banks to government entities, hesitate to adopt blockchain technology. Financial entities, corporations, and sovereign funds would be...

by Howard Wu · 5 min read

Apr 28, 2025

Law and Order

Bitget Takes Legal Action Over Alleged $20M Manipulation of Gaming Tokens

Crypto exchange Bitget is taking legal action against eight accounts it accuses of manipulating VOXEL token trading and profiting more than $20 million during a trading surge on April 20. Bitget’s Chinese representative, Jiayin Xie, said on X on Saturday that legal letters had been sent to the accounts, believed to be part of a "professional arbitrage group." Victoria, Seychelles-headquartered Bitget said it will distribute all recovered funds to its users through an airdrop. The announcement f...

by Callan Quinn · 2 min read

Apr 23, 2025

Technology

Polygon and Pyse Bring Tokenized EV Fleets to Dubai, Eye India Expansion

Polygon Labs is moving electric motorcycles on-chain in Dubai—and India might be next. The Ethereum Layer-2 scaling solution has teamed up with sustainable infrastructure startup Pyse to tokenize a fleet of electric delivery vehicles in Dubai, using Polygon's blockchain to anchor asset ownership and real-time data collection. A new era of RWAs is here, and it starts with EV bikes. Here's why it matters 🧵<1/12> pic.twitter.com/dJ5MVVReGE — Pyse (@PyseEarth) April 23, 2025 Polygon’s latest fora...

by Vismaya V · 5 min read

Apr 8, 2025

Coins

93% of WazirX Creditors Greenlight Post-Hack Recovery Plan

After nearly being brought to its knees by a $235 million hack, WazirX just secured a vital shot at survival. More than 93% of creditors have voted in favor of the Indian crypto exchange’s restructuring plan—clearing a key hurdle in efforts to recover from the devastating exploit, attributed to North Korean hackers. 📢 Update on Scheme of Arrangement Voting 93.1% of voting creditors, representing 94.6% in value, have voted YES to the Scheme of Arrangement. This strong support marks an important...

by Vismaya V · 3 min read

Mar 28, 2025

Gaming

Ethereum Game 'The Sandbox' Adds Atari, Terminator and Jurassic World in Alpha Season 5

Ethereum gaming metaverse platform The Sandbox will launch its Alpha Season 5 on Monday, March 31, bringing a number of new game experiences tied to major franchises. The six-week gaming event will introduce over 40 new games from an array of brands and franchises, including Jurassic World, Teletubbies, Atari, Attack on Titan, Terminator: Dark Fate, and Hellboy. As Decrypt previously reported, the season's flagship experience, Jurassic World: Dinosaur Preserve, invites players to manage a dinosa...

by Andrew Hayward · 2 min read

Mar 18, 2025

Gaming

Jurassic World Game Comes to 'The Sandbox' for Season 5 Launch

Ethereum metaverse game The Sandbox is kicking off its fifth season with a new in-game Jurassic World experience created in collaboration with Universal and Ambling Entertainment, allowing the player to become an employee of a dinosaur park. The high-profile launch of Jurassic World: Dinosaur Preserve comes as part of a six-week long season that will pack in over 40 new experiences including content from other entertainment brands like Attack on Titan, The Smurfs, and The Terminator, all built o...

by Ryan S. Gladwin · 4 min read

Mar 13, 2025

Gaming

‘Deadrop’ Game Players Claim Refunds After Dr. Disrespect’s Studio Closes

Following the recent closure of the Midnight Society gaming studio, disgruntled fans of the discontinued shooter game Deadrop have started claiming refunds for early access passes through their banks and credit card providers. Players have mobilized in game studio Midnight Society’s abandoned Discord server to spread information on how to successfully chargeback their purchases. Deadrop was the vertical extraction shooter developed by Midnight Society, co-founded by controversial streamer Dr. Di...

by Ryan S. Gladwin · 6 min read

Mar 5, 2025

NFTs

Mastercard and 9dcc Launch NFT-Linked Apparel for Arnold Palmer Golf Tournament

Web3 luxury fashion brand 9dcc has teamed up with Mastercard for a limited edition apparel series at the PGA Tour’s Arnold Palmer Invitational in Bay Hill, Florida. The limited edition collection, called the Pass to Priceless: Bay Hill Capsule, will allow Mastercard cardholders at the four-day event to select from nine curated items ranging from $10 to $50. A selection of items are also available for purchase for U.S. residents only at passtopriceless.9dcc.xyz. “I think people are beginning to...

by Logan Hitchcock · 3 min read

Feb 28, 2025

Law and Order

DraftKings Agrees to Settle NFT Class Action Suit for $10M

DraftKings has agreed to settle a class action lawsuit which alleged it violated Federal Securities Law when it sold NFTs on its marketplace, according to a Federal court filing on Wednesday. The settlement, which was negotiated by both parties “at an arm’s length,” would see the company pay $10 million cash to a settlement fund which will pay for legal fees, settlement costs, and compensation to each participating class member, defined as “persons or entities who purchased, acquired, sold, dis...

by Logan Hitchcock · 3 min read

Jan 30, 2025

Gaming

'Deadrop' Game Studio Shutting Down Following Dr. Disrespect Dismissal

Seven months after controversial streamer Dr. Disrespect was booted from his own game studio for alleged misconduct, Deaddrop game developer Midnight Society confirmed Thursday that it is shutting down. "Today, we are announcing Midnight Society will be closing its doors after three incredible years, with an amazing team of over 55 developers contributing to our new IP Deadrop," the company wrote on X (formerly Twitter) Thursday afternoon. The confirmation comes after Midnight Society Level De...

by Ryan S. Gladwin · 4 min read

Jan 28, 2025

Gaming

Gaming Giant Ubisoft Brings Another Franchise to Ethereum's 'Sandbox' Metaverse

Ubisoft, the massive gaming brand behind the Assassin's Creed and Just Dance franchises, will drop a new series of avatars this week for Ethereum metaverse game The Sandbox—and this time around, they're also based on a Web3-native game. Avatars based on Champions Tactics: Grimoria Chronicles—an original blockchain game released by Ubisoft last fall—will be released for The Sandbox as NFTs on Ethereum scaling network Polygon. The Champions Tactics NFT avatars will be released on Wednesday, Januar...

by Andrew Hayward · 2 min read

Jan 9, 2025

Law and Order

Coinbase Receives CFTC Subpoena for Customer Data Related to Polymarket

The Commodity Futures Trading Commission served Coinbase with a subpoena in relation to the booming prediction market Polymarket, a person familiar with the matter told Decrypt Thursday. The regulator’s request sought “general customer information” in relation to Polymarket, the blockchain-based prediction platform that gained notoriety in the run-up to the November elections. A screenshot of an email sent by Coinbase to certain users regarding the request was shared on X (formerly Twitter) by E...

by André Beganski · 4 min read

Dec 13, 2024

Profiles

Decrypt's 2024 Person of the Year: Polymarket CEO Shayne Coplan

Four years ago, he was just another callow entrepreneur, hacking away in a makeshift bathroom office at his passion project—a prediction market that would blend gambling with real world events. This year that project, Polymarket, emerged as one of the most interesting and potentially valuable use cases in the burgeoning crypto industry. Shayne Coplan’s blockchain-based prediction platform captivated bettors and spectators alike this year. With each twist and turn in the 2024 U.S. presidential ra...

by André Beganski · 10 min read

Dec 11, 2024

Health

Millionaire Biohacker's Nighttime Erections Fuel Rising Prediction Market Bet

There’s a new Polymarket bet for how long Bryan Johnson’s penis stays erect during nighttime. The antics of a man who injected his teenage son's blood into his veins and underwent “penis rejuvenation therapy” has been a persistent topic on the prediction market—or more precisely, his penis has. “This market will resolve to ‘Yes’ if Bryan Johnson sustains a nighttime erection for 2 hours and 12 minutes or more based upon the highest of three readings taken during the last week of December 2024,”...

by Jose Antonio Lanz · 4 min read

Dec 8, 2024

Gaming

This Week in Crypto Games: $250K Pokémon Card Auction, 'Pixels' $4M Competition, 'Nifty Island' Token Date

The crypto and NFT gaming space is busier than ever lately, what with prominent games starting to release, token airdrops piling up, and a seemingly constant array of other things happening at all times. It’s a lot to take in! Luckily, Decrypt’s GG is all over it. And if you need a quick way to get caught up on the latest moves around crypto video games, we’re happy to present This Week in Crypto Games. Our weekend roundup serves up the biggest news from the past week, along with a few other tid...

by Ryan S. Gladwin · 4 min read