Polygon unlock sends MATIC worth $263M into circulation

Polygon sees the last unlock

Etherscan’s data showed that more than 273 million MATIC tokens were transferred from the Polygon vesting contract to the Foundation.

The value of the transferred MATIC amounted to about $263 million at the time of this writing.

A notable aspect of this recent transfer is that it signifies the final token unlock, indicating that MATIC has now entered full circulation.

Polygon volume drops

According to CoinMarketCap, the circulating supply of Polygon was 9.6 billion at the time of this writing, while the total and maximum supply stood at 10 billion. The trading volume had decreased by over 17%.