Logo
  • About Us
  • Destination
  • Tours
  • Blog
  • Contacts
    • polygonmaticchart.com

    MATIC vs POL – What Changed?

    Gallery Image
    Gallery Image

    The Polygon MATIC to POL Token Migration Explained

    On September 4, 2024, Polygon officially completed the migration from MATIC to POL. This was not simply a rebrand — it represented a fundamental token upgrade designed to support Polygon's vision of becoming the infrastructure layer for a network of interconnected blockchains through the Agglayer protocol.

    MATIC vs POL Comparison:

    • MATIC: Single-chain staking
    • POL: Multi-chain staking via Agglayer
    • Swap: 1:1 ratio, no value loss
    • MetaMask: Supports POL natively
    • Old Contract: Legacy – use POL
    • CoinMarketCap: 'POL (prev. MATIC)'

    The old MATIC token served as the gas and governance token for the Polygon PoS chain from 2020 to 2024. While functional, MATIC was designed for a single chain. POL introduces a new capability: multi-chain staking. Validators can now stake POL to simultaneously secure multiple Polygon-based chains, earning rewards from each network they validate.

    For traders and investors monitoring the Polygon MATIC chart, the practical difference is minimal in the short term. Most exchanges still display the MATIC ticker for familiarity, and CoinMarketCap lists the token as 'POL (prev. MATIC)'. The price feed tracks the same underlying asset, so historical MATIC price data remains directly comparable to current POL prices.

    The 1:1 swap from MATIC to POL is automatic for most users with tokens held on major exchanges including Binance, Coinbase, and Kraken. Users holding MATIC in self-custody wallets like MetaMask can migrate by interacting with the official Polygon migration contract. There is no hard deadline for the swap, but POL is now the active token used for all network operations.