The MATIC market capitalization provides a snapshot of the total value of all circulating MATIC tokens at the current price. With a circulating supply of approximately 11 billion tokens priced at $0.096 USD each, the current market cap exceeds $1 billion.

Market cap is one of the key metrics used to compare the relative size of cryptocurrencies. MATIC's market cap peaked during the 2021 bull market when the token traded near $2.88, giving Polygon a market cap of over $20 billion at its height.

The fully diluted valuation (FDV) of POL, which accounts for all 11 billion tokens in the total supply, stands at approximately $1.02 billion USD. The FDV is often used to assess the long-term dilution risk of a cryptocurrency.

Polygon generates significant on-chain revenue. In recent 24-hour periods, the network recorded over $132,000 in transaction fees and $30,700 in protocol revenue, demonstrating healthy network utilization and demand for block space.