Polygon

Polygon

Markets

Polygon’s Token Gains 3% After Seeing ‘Exceptional’ Trading Volume

The token was trading at $0.1891 at press time, up 2.8% over the last 24 hours.

MATIC rose nearly 3% over the past 24 hours, outperforming the broader market, after establishing multiple support zones, according to CoinDesk Indices data.

Tech

The Protocol: Polygon, Once a Scaling Leader, Eyes a Revamp

Also: EF Treasury Policy, Increase of OP_CAT Data Limit, and Plume Genesis Goes Live.

Blurred car driving

Tech

Polygon's Sandeep Nailwal Takes Over as Foundation CEO Amid Strategic Shakeup

Nailwal will steer the Polygon Foundation as it shuts down zkEVM, doubles down on PoS, and plots a return to Ethereum scaling dominance.

Sandeep Nailwal, co-founder of Polygon. (Danny Nelson/CoinDesk)

Tech

Polygon, GSR Release Katana Network Tackle DeFi Fragmentation

Katana aims to improve blockchain liquidity — including lending, trading, and yield bearing strategies — by integrating with popular apps like Sushi and Morpho.

Polygon Labs CEO Marc Boiron (Polygon Labs)

Markets

Polygon Co-Founder Mihailo Bjelic Exits Layer 2

Polygon, initially known as Matic, was founded by Jaynti Kanani, Sandeep Nailwal, Mihailo Bjelic, and Anurag Arjun.

Polygon co-founders Sandeep Nailwal (left) and Mihailo Bjelic (Polygon Labs)

Tech

Polygon Spin-Off Miden Secures $25M to Bring Speed, Privacy to Institutional Giants

The funding round was led by a16z crypto, 1kx and Hack VC.

Funds rising (Darío Martínez-Batlle/Unsplash)

Tech

Polygon Starts Aggregator Program, Successful Projects Will Airdrop Up to 15% Native Token to POL Stakers

Successful “graduates” will send up to 15% of native token supply to POL stakers and connect to the Agglayer network.

funding

Web3

DeFi Game Aavegotchi to Abandon Polygon, Migrate to Coinbase’s Base

The migration aims to improve user experience, marketplace access, onboarding and comes amid sharp drops in user activity and total value locked on Polygon.

Photo of the Aavegotchi booth at EthDenver 2024 (Danny Nelson/CoinDesk(

Markets

Polygon DAO Weighs $1.3B Stablecoin Deployment to Generate $70M Annual Yield

The plan uses Morpho Labs' vaults to manage USDC and USDT, targeting a conservative 7% annual return using various strategies.

(Shutterstock)

Tech

The Protocol: A Quantum Threat to Bitcoin?

Also: An Ethereum dev's defection to Solana; Polygon's big proving-system flex; crypto's most influential

Google Headquarters - google docks