Polygon Market Cap

Polygon MATIC Chart

Polygon (POL) Market Cap & Supply Data

Polygon's market cap is one of the most-watched metrics for evaluating the size and health of the network's token economy. As of March 2026, POL's market capitalization exceeds $1 billion USD, placing it among the top 60 largest cryptocurrencies by market cap.

Polygon (POL) Market Cap & Supply Data
Polygon POL Price Chart
MATIC USD Chart

00

Billion Max Supply

Current POL Market Cap

The Polygon (POL) market cap currently stands at approximately $1.02 billion USD. This is calculated by multiplying the circulating supply of roughly 10.6 billion POL tokens by the current price of $0.096. Market cap serves as a key measure of Polygon's relative size within the crypto ecosystem.

Circulating Supply vs. Total Supply

Polygon has a circulating supply of approximately 10.6 billion POL tokens and a maximum supply of 11 billion POL. The fully diluted valuation (FDV) — calculated using the total supply — is approximately $1.05 billion. The high circulating ratio (96%+) means limited future supply inflation risk.

Polygon CMC Ranking

Polygon currently ranks approximately #53 on CoinMarketCap by market capitalization. This ranking places it behind major L2 competitors such as Arbitrum and Optimism but above many single-chain DeFi tokens. Market cap rankings shift frequently based on price and competitor performance.

Market Cap vs. FDV

Polygon's fully diluted valuation (FDV) is close to its circulating market cap because most of the token supply is already in circulation. This is a positive signal for investors, as it means there is little remaining supply to be unlocked and sold into the market, unlike many newer DeFi tokens with high FDV/MC ratios.

Historical Market Cap Milestones

At Polygon's all-time high of $2.88 in December 2021, its market cap reached approximately $28 billion USD, placing it in the global top 10. The subsequent crypto winter reduced this to below $1 billion. Recovering toward a $5–10 billion market cap would require POL prices of $0.50 to $1.00.

What Would Push Market Cap Higher?

Market cap growth for Polygon depends on both price appreciation and supply expansion. Key drivers include increased network usage and transaction fees, institutional adoption of POL for staking, growth in the AggLayer ecosystem, real-world asset projects launching on Polygon, and broader crypto market bull runs.