Polygon MATIC to POL Token Migration Guide

One of the most significant events in Polygon's history is the ongoing migration from the MATIC token to the new POL token (Polygon Ecosystem Token). This transition affects how MATIC historical price data is interpreted and how investors should track the asset going forward.

What is POL?

POL (Polygon Ecosystem Token) is the next-generation native token of the Polygon network, designed to replace MATIC as part of the Polygon 2.0 upgrade. The migration was initiated on Ethereum's mainnet in 2024. POL is intended to serve as a hyperproductive token that can be used across all Polygon chains.

MATIC to POL Conversion Rate

The migration ratio is 1 MATIC = 1 POL. Token holders can migrate their MATIC to POL through the official Polygon migration portal. The migration is gradual — MATIC tokens were accepted across the ecosystem during a transition period before full migration to POL.

Why the Migration Matters for Historical Price Data

When researching MATIC historical price data, it's important to understand that pre-migration prices refer to the MATIC token, while post-migration prices refer to POL. The all-time high of $2.92 was achieved by MATIC; the POL token's own ATH was recorded at $1.29 after its initial listing on exchanges.

Impact on Market Cap and Circulating Supply

POL has a total supply of approximately 10.6 billion tokens, with over 10.4 billion currently in circulation as of 2026. The market capitalization based on POL's current price of approximately $0.096 is roughly $1.02 billion, placing it around rank #66 among all cryptocurrencies by market cap.

Trading POL Today

POL (ex-MATIC) is actively traded on major exchanges including OKX, Gate, and Deepcoin. The most active trading pair is POL/USDT. Daily trading volumes have typically ranged between $40 million and $100 million, indicating healthy market liquidity despite the price being significantly below all-time highs.

Future Outlook

The POL token is central to Polygon's vision of becoming a unified Layer 2 ecosystem with ZK-rollup technology. As the Polygon zkEVM and other scaling solutions gain traction, the POL token's utility and potential demand are expected to grow alongside the broader Polygon ecosystem.