Polygon

Polygon POL

Status: ListedInfrastructure
Token GradeA
Overall Score: 36.1 /100Rank: 55 of 172
Disclosures A5.19 /10
Performance AA6.95 /10

Claim this token profile

Core team members can claim this profile to verify project information and update disclosures.

Claim Token Profile
Claim Token Profile

Disclosures Overview

Core Contributors

Legal & Financial

Tokenomics

Service Providers

Performance Overview: Market Quality

Total Volume (as % of Market Cap)

Market Cap (USD)

Trade Volume (USD)

Trade Volume (prev. 30D avg.)$198,634,780
Market Capitalization (prev. 30D avg.)$1,121,034,961
Trade Volume / Market Capitalization17.92%
GradeAAAScore10.00Percentile100.00%

Depth +/- 2% (as a % of Market Capitalization)

Depth +/- 2% (USD) | Market Cap (USD)

Depth (+/- 2%)Market Cap
Depth +/- 2% (prev. 30D avg.)$169,323,999
Market Capitalization (prev. 30D avg.)$1,121,034,961
Depth / Market Capitalization15.58%
GradeAAAScore10.00Percentile100.00%

Bid / Ask Spread (Volume weighted spreads)

Bid / Ask Spread (%)

BitdeltaBinanceWebsea
Exchange with Tightest SpreadsBinance
Volume Weighted Bid / Ask Spread (prev. 30 days)0.4912%
GradeBBScore4.00Percentile16.37%

Price Performance

30D Change: 2.91%

Price (USD)

Count Green Candles14
Count Red Candles16
Candle "Win Rate"46.67%
GradeAScore5.00Percentile28.99%

Open Interest (as a % of Market Capitalization)

Top Venues by OI (prev. 30D avg.)

Bitmart$27,159,693
Mexc$19,459,075
Binance$17,057,915
Total (All Exchanges)$123,883,463
Open Interest / Market Capitalization9.03%
GradeAAScore7.00Percentile32.48%

Funding Rate

Funding Rate (%)

BitmartMexcBinance
Open Interest-Weighted Funding Rate0.0053%
GradeAAScore7.00Percentile51.59%

Performance Overview: Liquidity Providers

Data not disclosed

Market Maker Volume (as a % of total volume)

N/A
GradeCCC
Score0.00
Percentile0.00%

Market Maker Depth (as a % of total depth)

N/A
GradeCCC
Score0.00
Percentile0.00%

Market Maker Uptime / KPI Adherence

N/A
GradeCCC
Score0.00
Percentile0.00%

Performance Overview: Liquidity Footprint

Top-Tier Exchange Coverage

4 out of 4 (100%)BinanceOKXCoinbaseUpbit
GradeAAAScore10.00Percentile100.00%

Total Volume (CEX vs DEX)

Volume (USD)

CEX Volume (avg)$111,917,299
DEX Volume (avg)$36,692
CEX Volume share99.99%
GradeAScore5.00Percentile68.42%

Total +/- 2% Depth (CEX vs DEX)

+/- 2% Depth (USD)

CEX Depth (avg)$39,399,659
DEX Depth (avg)$27,190
CEX Depth share99.80%
GradeAScore5.00Percentile58.48%

Total Volume (Spot vs Perps)

Volume (USD)

Spot Volume (avg)$111,953,991
Perps Volume (avg)$90,763,764
Spot Volume share65.52%
GradeAAAScore10.00Percentile100.00%

Total +/- 2% Depth (Spot vs Perps)

+/- 2% Depth (USD)

Spot Depth (avg)$39,426,849
Perps Depth (avg)$10,670,156
Spot Depth share93.36%
GradeAAAScore10.00Percentile100.00%

Performance Overview: Tokenomics

Undisclosed unlock detected

Disclosed Token Vesting vs Actual Vesting

Disclosed TGE DateN/A
Disclosed Duration44 months
Disclosed Total Groups7
Disclosed Max. SupplyN/A

Disclosed Maximum Token Supply (%) | Months Since TGE

EcosystemFoundationLaunchpad Sale (Binance IEO)TeamNetwork Operations / Staking RewardsAdvisorsPrivate Sale

Commentary versus actual token vesting

The forward-looking regime is complete, precise and contract-enforced. Rate, cadence, split and both destination addresses are readable on-chain, with a per-second mint cap. Modelled supply matches actual to +0.0027%. The published "2% annual emission" understates what was actually minted. PIP-26 ran the validator side at 2% then 1.5% before settling at 1%; combined emission was 3% then 2.5% before reaching 2% in July 2025. 700,162,399 POL — 7.00% of genesis — has been minted in under three years, against ~5.7% had a flat 2% applied throughout. The live treasury destination is not the address the governance proposal names. PIP-17 names 0x2ff25495…, which holds 0.07 POL; the Emission Manager's immutable treasury() is 0x86380E13…, holding 85,021,684 POL. No PIP or blog records the change. PIP-17 caps minting at 13.37 POL/second, not the 10 POL/second previously carried. The genesis regime has concluded and is only partly documented. All buckets are 100% unlocked; no per-group cliff, rate, cadence or duration is retrievable from any first-party Polygon source — every genesis vesting figure above is attributed to DropsTab or Binance Research, not to Polygon. A published schedule conflicts with observed behaviour and has never been reconciled. The staking-reward tranche (12% of genesis) had a plan completing December 2021; on-chain analysis found ~790m of 1,200m had arrived — a ~410m MATIC gap. Polygon did not respond. No vesting contract addresses for team, advisor or investor tranches, so none of the historical schedule is independently verifiable. The 2022 staking-rewards correction post quantifies nothing — it discloses a Year 2 overpayment and a Year 3 over-correction without stating any amount. No current first-party allocation or vesting page exists. docs.polygon.technology/pos/concepts/tokens/pol describes the emission mechanism but publishes no allocation table, no contract addresses and no supply figure; polygon.technology carries no tokenomics page.

GradeCCCScore0.00Percentile100.00%

Market Cap vs. FDV (Ratio)

1.00:1
GradeAAA
Score10.00
Percentile100.00%

Fully Diluted Valuation (FDV) (USD)

$1,063,402,726
GradeAAA
Score10.00
Percentile100.00%

Data as of 2026-10-09 · Scoring config v4 · Rated 172 of 173 projects

UTR scores evaluate disclosure quality and token market structure. The score is informational and should not be interpreted as an assessment of expected returns or as an investment recommendation.