Read this article on bsc.news Polygon's proof-of-stake network has processed about 8.32 billion transactions in total, according to Polygonscan data, with about 340,000 active addresses recor
Polygon's proof-of-stake network has processed about 8.32 billion transactions in total, according to Polygonscan data, with about 340,000 active addresses recorded over the past 24 hours. Much of the on-chain value sits in @Polymarket, the prediction market that holds more than half of the $686.7M locked in DeFi on the @0xPolygon network, based on DefiLlama data as of November 3, 2026.
DefiLlama data as of November 3, 2026 shows Polygon with $686.7M in DeFi total value locked (TVL). Polymarket accounts for $364.37M of that, which is more than half of the chain's DeFi TVL.
Polymarket's footprint on Polygon has grown over the past year. According to Messari's State of Polygon Q4 2025 report, Polygon PoS DeFi TVL ended 2025 at $1.16 billion, and Polymarket's TVL rose 103.4% quarter over quarter. DeFi TVL on the chain has since fallen to the current level.
Trading activity on the chain is higher. DefiLlama data shows DEX volume on Polygon rose 32% over the past week to $740M. Stablecoins on Polygon total $2.875B, with USDC accounting for 57.5% of that supply.
Network usage reached a record earlier this year. Blockworks data showed Polygon processed 743 million transactions in the second quarter of 2026, up more than 160% from the same period a year earlier, as reported by Cryptopolitan.
The native token $POL gained 5.12% over 24 hours to $0.0923, according to CoinGecko, lifting its market capitalisation to $981.86M. The token is down 15.7% over 30 days and 46.2% over the past year, so the rise in network activity has not been matched by a higher token price over that period.
Sources:
DefiLlama: Polygon DeFi TVL, stablecoins and DEX volumeMessari: State of Polygon Q4 2025CoinGecko: POL (ex-MATIC) price and market dataCryptopolitan: Polygon hits 743 million transactions in Q2 2026 (citing Blockworks)
