Is Polygon a separate blockchain or an Ethereum sidechain?

Polygon is both: it's an EVM-compatible sidechain that uses Ethereum for security through various bridging mechanisms. It's part of Ethereum's scaling ecosystem.

How much does it cost to swap on Polygon?

Polygon transaction fees are typically 1-5 cents, far cheaper than Ethereum mainnet, making it ideal for frequent transactions.

Can I transfer assets between Polygon and Ethereum?

Yes, bridges like Polygon Bridge allow easy asset transfers between Ethereum and Polygon networks.

What are Polygon validator rewards?

MATIC validators earn approximately 2-4% in rewards through staking, plus priority transaction fees.

Is my Ethereum wallet compatible with Polygon?

Yes, Ethereum wallets like MetaMask are fully compatible with Polygon when you add the Polygon network.

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Polygon

Ethereum's Internet of Blockchains

Launch Year

2019

Consensus

Proof of Stake

Max Supply

Unlimited (capped by governance at 10B)

Block Time

~2 seconds

MATIC

Polygon

Price—

24h Change—

Market Cap—

Volume (24h)—

Circulating Supply—

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Polygon Price Chart

MATIC / USD

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About Polygon

Polygon (MATIC) is the leading scaling solution for Ethereum, offering fast and low-cost transactions while maintaining Ethereum security. Originally launched as Matic Network in 2019, Polygon has evolved into a comprehensive framework supporting multiple scaling technologies including POS sidechain, Plasma, Optimistic rollups, and zero-knowledge (ZK) rollups. The Polygon ecosystem now includes dozens of projects, making it one of the most active blockchain platforms for DeFi, gaming, and NFTs. MATIC token is used for validator staking, transaction fees, governance, and securing the network. Polygon's EVM compatibility allows Ethereum developers to deploy existing smart contracts with minimal changes, accelerating adoption.

History

2017

Matic Network is conceptualized as an Ethereum scaling solution

2019

Polygon mainnet launches with initial Proof of Stake sidechain

2021

Matic rebrands to Polygon to reflect broader scaling vision

2022

Polygon becomes the leading platform for EVM-compatible scaling

2023

Polygon zkEVM (zero-knowledge rollup) launches for native Ethereum security

2024

Polygon AggLayer enables interoperability between multiple scaling solutions

How to Swap MATIC

Swapping Polygon on SyntheticSwap connects you to Ethereum's scaling ecosystem. Connect your Polygon-compatible wallet (MetaMask with Polygon network, Ledger, or Phantom), select MATIC as your source, choose your destination (Bitcoin, Ethereum, altcoins, stablecoins), and confirm the floating rate. Your MATIC will be instantly converted without KYC, and your destination asset will be delivered to your wallet.

How to Store MATIC

MATIC is stored in Polygon-compatible wallets. MetaMask is the most popular (configure Polygon network), while Trust Wallet and Ledger Live offer mobile access. Ledger hardware wallets provide maximum security for large MATIC holdings. All wallets require a seed phrase backup — store offline and never share. Remember that MATIC on centralized exchanges is custodial; move significant amounts to your own wallet for security.

Popular Pairs

BTC

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