Buy & Swap Polygon (prev. MATIC) (POL)

$0.0912+5.04% (24h)ERC20 network

Polygon (prev. MATIC) (POL) can be swapped instantly on SwapRocket — no account, no KYC and zero added fees. Compare live POL rates from every connected provider and receive funds in your own wallet in minutes.

Swap POL instantly — no KYC

POL / USD — 24H chart

ChangeHighLow

Live market data · extended history unavailable for this asset

24h5.04%

7d—

30d—

90d—

1y—

Polygon (prev. MATIC) statistics

Market cap$972M

Fully diluted market cap—

24h volume$54.71M

Circulating supply10.65B POL

Max supply∞

Total supply—

All-time high$0.1369

Market dominance—

Rank—

Best aggregated rate

We scan every provider in real time.

Non-custodial

Funds go straight to your wallet.

No sign-up

Swap or buy in a few clicks.

About Polygon (prev. MATIC) (POL)

Crypto token

Polygon (prev. MATIC) (POL) is a crypto token on the ERC20 network. It powers its project's ecosystem — used for things like access, governance, fees, or rewards — and trades freely against other digital assets.

How does POL work?

Polygon (prev. MATIC) runs as a token on the ERC20 network, which means it benefits from that chain's security and tooling while serving the specific role its project defines — for example governance votes, platform fees, staking, or in-app utility.

What is POL used for?

Holders use POL to participate in the Polygon (prev. MATIC) ecosystem and to gain exposure to the project's growth. As with any token, its value is tied to real usage and demand for what the project offers.

How to buy or swap POL on SwapRocket

Pick POL as the asset you want to receive.
Choose which crypto you're paying with.
SwapRocket compares every connected exchange and surfaces the best rate.
Paste your wallet address and confirm — funds arrive in minutes.

Polygon (prev. MATIC) (POL) swap profile

This profile explains how Polygon (prev. MATIC) swaps work on SwapRocket: the network POL settles on, what an exchange costs, how long it usually takes, and which pairs are published. Rates are aggregated live from every connected provider and shown in full before you commit to anything.

POL key facts

Ticker: POL
Settlement network: ERC20
Category: Crypto token
Custody: Non-custodial — coins move from the provider straight to your wallet
Cost to you: Zero added fees; you see the provider rate
Verification: No KYC for crypto-to-crypto swaps
Typical completion: Most swaps finish in under 10 minutes
Rate options: Best rate, fastest route or fixed rate
Published pairs: 4 published POL pairs

How a POL swap works

Enter the amount you want to exchange, pick the asset on the other side, and SwapRocket queries every connected exchange partner at once. You choose an offer, paste the wallet address that should receive the funds, and send POL to the deposit address shown. The partner executes the trade and pays out to your address — SwapRocket never holds your coins, and there is no account to create before you start.

Choosing a rate for POL

Three offers are presented for every POL exchange. The best rate returns the largest amount for the size you entered. The fastest route favours the partner with the shortest expected settlement time, which matters when the market is moving. The fixed rate locks the quoted amount for the duration of the order, so what you are shown is what arrives, at the cost of a slightly smaller payout. Floating offers can move with the market between deposit and settlement.

Networks and addresses for POL

Polygon (prev. MATIC) settles on ERC20. Always send from and to an address on that network: a deposit sent over a different chain cannot be recovered by the exchange partner. When an asset exists on several chains, pick the matching network in the widget before copying the deposit address, and send a small test amount first if you are unsure.

Popular POL pairs

Each pair below has its own page with a live quote, the current rate and the limits that apply to that route.

What is POL? · Sourced guide · Updated 2026-09-22 · 10 sources cited

Why did a network with a working token decide to replace it, live, with a new one at a fixed one-to-one rate?

Polygon's PoS chain launched with MATIC as its gas and staking token and grew into one of the most used Ethereum-adjacent networks. In 2024 the network replaced MATIC with POL, a token built to do the same jobs while also being usable as staked collateral across a growing family of chains connected through the AggLayer. The interesting question is not the rename — it is what changed underneath, and why a token designed for one chain had to be rebuilt before it could secure several.

The same job on more chains at once

MATIC was the native token of a single proof-of-stake chain: validators staked it on Ethereum, earned rewards for validating, and users paid it as gas. That model works cleanly for one chain, but Polygon's roadmap moved toward an ecosystem of chains that share security and communicate with each other, and a token meant to secure only one chain does not extend to that automatically.

POL is built on the same OpenZeppelin ERC-20 base MATIC used, with support for EIP-2612 permit approvals, but its staking design lets a single POL stake back validation duties across multiple chains rather than one. The migration was set at a fixed one-to-one ratio: every MATIC becomes exactly one POL, with no repricing built into the swap itself.^{[1], [2]}

How the migration actually moved tokens

For MATIC held on Ethereum, migration runs through a dedicated upgrade contract: a holder approves the contract to spend their MATIC and calls migrate to receive POL back at parity, and the same contract supports the reverse unmigrate path unless that function has been disabled. For MATIC already on the Polygon PoS chain, the conversion applied automatically to the native gas balances, and wallets sometimes still needed a manual update to display the new POL symbol instead of the old one.

Validators and delegators did not need to take separate action: staking and delegation rewards moved to being paid in POL as part of the same network-level change. The practical effect is that the migration touched three places — the Ethereum-based token contract, the native gas token on the PoS chain, and the reward currency for staking — rather than being a single swap users had to chase down.^{[3], [4], [5]}

Two layers doing separate jobs

The Polygon PoS chain runs as a two-layer system. Bor, built on Go Ethereum, is the execution layer that produces blocks and processes transactions; Heimdall, built on the Cosmos SDK and CometBFT, is the consensus layer that validates Bor's blocks, selects block producers for each span, and periodically bundles blocks into a Merkle root that gets submitted to Ethereum as a checkpoint. Staking, checkpoint storage and the bridge itself live in contracts on Ethereum mainnet, which is where POL is staked to become a validator.

This separation lets the chain give users fast practical finality — a milestone mechanism lets validators agree on a finalized sequence of blocks within a few seconds — while still anchoring the chain's history to Ethereum through checkpoints on a slower cadence. The two mechanisms answer different questions: milestones tell a user their transaction will not be reorganized; checkpoints tie the whole chain's state back to a base layer that does not depend on Polygon's own validator set to remain intact.^{[6], [7], [8]}

Connecting chains through the AggLayer

As Polygon's ecosystem grew to include more than one chain, a new problem appeared: liquidity and users scattered across separate chains behave like separate, disconnected networks even if they share the same underlying technology. The AggLayer is Polygon's answer — a cross-chain interoperability layer that connecting chains can plug into to move assets and messages between each other with unified proofs of validity, rather than relying purely on bespoke bridges between each pair of chains.

POL is the token designed to sit underneath this arrangement: a validator's stake in POL can back verification duties that the AggLayer and its connected chains rely on, rather than backing only one execution environment. This is the structural reason the token needed to change — MATIC's staking design was scoped to one chain, and extending that scope required a token contract and staking system built for it from the start.^{[9], [10], [1]}

A token still expanding into its intended role

POL's staking model is designed to secure more than one chain, but how many chains actively rely on a given validator's stake, and how disputes or slashing across chains are coordinated, is a design space that develops as more chains connect to the AggLayer. A token built for a multi-chain future necessarily starts that future with fewer chains actually depending on it than the design ultimately allows for.

The emission schedule is also an explicit, published trade-off rather than a fixed constant: POL's annual emission rate — funding both a community treasury and validator rewards — was set by initial governance proposals and has already been revised once by a further proposal, within a capped maximum defined in the token contract. That is a stated design choice to let issuance adjust through governance, not a hidden variable.^{[1], [3]}

What this means when you swap POL

POL and MATIC are not two live tokens competing for the same balance — MATIC on the Polygon PoS chain and the Ethereum MATIC contract have both migrated to POL, so quotes, deposit addresses and network selection should reference POL specifically rather than an older MATIC listing. Confirm which network a POL quote uses: an Ethereum ERC-20 POL address and a Polygon PoS native POL balance are not interchangeable without a bridge or supported withdrawal route, even though both represent the same asset.

Because Polygon PoS reaches practical finality within a few seconds through its milestone mechanism, deposits and withdrawals on the chain itself tend to confirm quickly; a POL transaction that must also settle against Ethereum, such as certain bridge withdrawals, follows Ethereum's own confirmation and checkpoint timing instead. Follow the exact network and address SwapRocket presents for a given POL quote rather than assuming Polygon PoS by default.

Sources and evidence (10)

[1] POL is the native gas and staking token of Polygon Chain, built on OpenZeppelin's ERC-20 implementation with EIP-2612 permit support, and its supply and emission mechanics were shaped by community governance proposals. Polygon Developer Docs — POL · verified 2026-09-22 Confirmed
[2] The POL token, migration and emission-manager contracts were proposed together in PIP-17 as an upgrade to the MATIC token. GitHub — 0xPolygon/pol-token · verified 2026-09-22 Confirmed
[3] MATIC migrates to POL on a fixed one-to-one basis using an Ethereum upgrade contract, and PoS-chain MATIC balances converted automatically without requiring stakers or delegators to take action. Polygon Developer Docs — Migrate to POL · verified 2026-09-22 Confirmed
[4] MATIC was the original native token of Polygon Chain, used for gas and validator staking, and has been superseded by POL through a one-to-one migration. Polygon Developer Docs — MATIC · verified 2026-09-22 Confirmed
[5] Polygon PoS chain MATIC converted to POL automatically on September 4, 2024, while Ethereum-held MATIC required a migration-contract transaction or a supporting DEX aggregator. Polygon Support — MATIC to POL migration information · verified 2026-09-22 Confirmed
[6] Polygon Chain uses a dual-layer architecture — Heimdall for consensus and checkpoints, Bor for EVM execution — and reaches deterministic finality in two to five seconds through a milestone mechanism, separate from its slower Ethereum checkpoint cadence. Polygon Developer Docs — Polygon Chain overview · verified 2026-09-22 Confirmed
[7] Polygon Chain's architecture splits into an Ethereum contract layer, a Heimdall-v2 proof-of-stake consensus layer, and a Bor block-production layer, with staking contracts on Ethereum recording checkpoints. Polygon Developer Docs — Architecture overview · verified 2026-09-22 Confirmed
[8] Heimdall validators propose and attest to periodic checkpoints, Merkle-root snapshots of Bor chain state, which are then submitted to and acknowledged on Ethereum contracts. Polygon Developer Docs — Checkpoints · verified 2026-09-22 Confirmed
[9] The AggLayer is Polygon's cross-chain interoperability layer, designed to connect participating chains and unify liquidity and proofs across them. Polygon Developer Docs — AggLayer overview · verified 2026-09-22 Confirmed
[10] Polygon presents the AggLayer as the shared interoperability layer for its network of connected chains. Polygon — AggLayer · verified 2026-09-22 Confirmed

Profile last reviewed 2026-09-22. Historical background only — not investment advice.

Fees and pricing

Zero added fees: SwapRocket does not add a platform fee, a minimum or a withdrawal charge — the rate you see is the rate you get. Blockchain network fees are shown in full before you confirm, and the final amount you receive is quoted up front.

SwapRocket does not add a separate fee or markup to the provider quote. SwapRocket may earn a commission from the liquidity provider when a completed swap is referred through our platform. Provider spreads and applicable network costs are reflected in the quoted amount.

Network fees are set by the blockchain, not by SwapRocket. No account, no subscription and no withdrawal charge. Live support is available 24/7.

POL swap FAQ

How do I swap Polygon (prev. MATIC) (POL) instantly on SwapRocket?

Pick POL as the asset you want to receive, choose what you're paying with, paste your wallet address, and confirm. SwapRocket hands your order to the provider whose quote pays out the most at that moment, and most swaps complete in under 10 minutes — no SwapRocket account needed.

Can I swap POL with no KYC?

No SwapRocket account or identity documents are needed to start a crypto-to-crypto swap of POL. The provider that executes the swap may still request identity verification or hold a swap for review under its own AML and sanctions policy, regardless of amount. Selling to a bank account goes through a regulated payment partner that verifies the payer; card purchases on SwapRocket are coming soon.

Is swapping Polygon (prev. MATIC) on SwapRocket non-custodial?

Yes. SwapRocket never holds your funds. The provider that executes the swap receives your deposit, holds it only for the duration of the swap, and sends POL to the wallet address you provide.

Which network does POL use here?

SwapRocket supports Polygon (prev. MATIC) on the ERC20 network. Always double-check that your receiving wallet supports this network before confirming.

What fees apply when I swap POL?

SwapRocket adds no fee or markup to the provider's quote and may earn a commission from the provider on a completed swap. The provider's spread and any network cost it deducts on delivery are already reflected in the POL amount shown; the network fee your own wallet charges to send the deposit is separate. Spreads vary by provider, pair and size, so compare the quoted receive amount.

More on fees, limits, KYC and timing: read the full crypto swap FAQ.