What is Polygon Ecosystem Token (POL)?
Polygon Ecosystem Token (POL) is the native gas and staking token used within the Polygon network, including the Polygon PoS chain. It supports transaction fees, validator staking, and governance across the Polygon ecosystem.
POL is an upgrade of the MATIC token, introduced to expand utility and support future developments within the Polygon protocol. It is designed to secure multiple chains within the Polygon network through a unified staking framework.
The token is used by validators in the proof-of-stake consensus mechanism and enables governance participation for holders. POL also supports a protocol-defined emissions model that funds network-related initiatives.
At the time of writing, the transition from MATIC to POL as the primary utility token within the Polygon ecosystem is nearly complete, with approximately 98–99% of all MATIC tokens successfully migrated. This migration has formalized POL as the native token for gas payments, staking, governance, and coordination across the broader Polygon multi-chain framework. POL now plays a central role in securing the network through validator staking under the proof-of-stake model. The introduction of native staking allows holders to participate in securing the network and potentially benefit from validator incentives or protocol-based distributions in the future. This transition marks a structural upgrade in how utility and participation are managed within the Polygon ecosystem.
The current circulating supply is 10.49B POL tokens. POL is listed on Binance for trade and purchase. The current price of POL is available and updated in real-time on Binance.
