MATIC Market Capitalization Overview
The Polygon (MATIC/POL) market capitalization is a key metric for evaluating the token's position within the broader cryptocurrency market. Market cap is calculated by multiplying the current MATIC price by the circulating supply of tokens. Understanding MATIC's market cap provides context for comparing it against other cryptocurrencies and assessing its relative size within the ecosystem.
As of March 2026, MATIC's market capitalization on CoinDesk stands at approximately $35.4 million USD with the token ranked #385 by market cap. Binance's data shows a market cap around $1 billion USD, while other sources including Coinfomania report a market cap of approximately $457.8 million USD. These discrepancies reflect different circulating supply calculations related to the ongoing transition from MATIC to POL tokens.
MATIC Market Rank and Cap
Polygon's market rank has fluctuated significantly since its peak in 2021. The token has experienced multiple market cycles, with market cap ranging from tens of millions to several billion dollars. The transition from the MATIC ticker to the POL ticker as part of the Polygon 2.0 upgrade has affected how various platforms track and report the token's market data, leading to discrepancies between different data providers.
MATIC 24-Hour Trading Volume
The 24-hour trading volume for MATIC/USD varies considerably depending on market conditions. During low-volatility periods, daily volume can be as low as $237,000–$241,000 USD on some exchanges. During high-activity periods, volume on Binance alone has reached $52.8 million USD in 24 hours. Global volume across all exchanges, including the Polygon (prev. MATIC) trading pair (POL), shows $690,337 USD over 24 hours in some measurements, reflecting active market participation at all times.
MATIC Supply and Tokenomics
MATIC has a maximum total supply of 10,000,000,000 (10 billion) tokens. The circulating supply is approximately 1.787 billion tokens, representing about 17.87% of the total supply. The remaining supply is distributed through validator rewards, staking incentives, and ecosystem development funds. MATIC serves dual purposes as both a governance token — allowing holders to vote on protocol changes — and as the native utility token for paying gas fees on the Polygon network.