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POL (ex-MATIC) – Polygon 2.0 Token Complete Guide

POL (ex-MATIC) is the new native token of the Polygon network, replacing the original MATIC token as part of the Polygon 2.0 upgrade. POL is an ERC-20 token and will power a vast ecosystem of zero-knowledge-based Layer-2 chains. The migration from MATIC to POL is happening gradually over a 4-year period at a 1:1 conversion ratio.

MATIC to POL Migration

Polygon Labs announced the MATIC to POL token migration as part of the Polygon 2.0 roadmap. The transition allows the protocol to expand from a single chain to a comprehensive ecosystem of interconnected ZK-powered chains. All existing MATIC holders can convert their tokens to POL through the official Polygon migration contract or through major exchanges.

POL Token Use Cases

  • Gas Fees: POL is used to pay transaction fees across Polygon's network of chains
  • Staking: POL can be staked to validate multiple Polygon chains simultaneously, unlike MATIC which only secured one chain
  • Governance: POL holders vote on protocol changes and upgrades
  • Restaking: A unique POL feature allowing validators to secure multiple chains with the same stake

POL Token Supply & Distribution

The total supply of POL is 10 billion tokens initially, with the same distribution as MATIC. As of March 2026, approximately 11 billion POL tokens are in circulation (including migration surplus). The token has no additional minting mechanism beyond the pre-defined schedule, making it a deflationary asset relative to demand growth.

POL Price Today

The POL price today (March 2026) is approximately $0.095–$0.10 USD, essentially equivalent to the MATIC price as the migration is 1:1. The POL price chart is available on all major cryptocurrency data platforms under the ticker symbol "POL" or legacy "MATIC." Both tickers refer to the same underlying asset during the migration period.

POL will gradually replace the current MATIC token over 4 years as part of Polygon 2.0, powering a vast ecosystem of zero-knowledge-based Layer-2 chains.

— CoinGecko

Where is POL Listed?

POL (ex-MATIC) is currently listed on all major cryptocurrency exchanges including Binance, Coinbase, OKX, Bybit, Kraken, and Huobi. It is tradeable against USD, USDT, BTC, ETH, and many other base currencies. On-chain, POL can be traded on decentralized exchanges including Uniswap, QuickSwap, and Sushiswap on the Polygon network.