Matic Network (MATIC)

eth token

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0.020896 (-2.7%) arrow_drop_down

Market Price (24h change)


Total Market Cap



info_outline What is MATIC



MATIC Short Description

Matic Network is a Layer 2 scaling solution that achieves scale by utilizing sidechains for off-chain computation, while ensuring asset security using the Plasma framework and a decentralized network of Proof-of-Stake (PoS) validators. Matic aims to be the de-facto platform on which developers will deploy and run decentralized applications in a secure and decentralized manner. Matic Network has been a significant contributor to the Ethereum ecosystem having worked on implementations of Plasma MVP (Minimum Viable Plasma), WalletConnect protocol and the popular Ethereum event notification engine - Dagger.

Matic intends to provide Matic wallet, payment APIs and SDKs, products and other enabling solutions that will allow developers to design, implement and migrate DApps built on base platforms like Ethereum. Matic plans to support other blockchains in the future which will enable it to provide interoperability features alongside offering scalability to existing public blockchains. Key things Matic wants to do:. - Solve scalability by providing Layer 2 solutions.

- Application platform for DApp developers on Matic (Like Stripe for DApps/payments). - Provide assets interoperability for DEXs like 0xprotocol and other DApps. - Better UX/UI for mass adoption while having better security and scalability..


MATIC Explanation Video

Why Matic Network will reach $4 per token Next Bullrun | Brendan Skousen

Deep dive into fundamental analysis of Matic and price predictions. I specialize in forward thought, finding the best of the best projects before they become ...

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build MATIC Product Analysis



MATIC Whitepaper

Matic Network brings massive scale to Ethereum using an adapted version of Plasma with PoS based side chains.

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MATIC Competitors

  • 1.) KuCoin Shares

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  • 2.) Elcoin

    Elephant Platform Announces Ethereum-Based Cryptocurrency elCoin

  • 3.) TopChain

    Topchain is the world’s leading brand in the gaming blockchain, reshaping the game industry structure with decentralized concept to create a global de-centralized gaming ecosystem.


MATIC Product Analysis

The exact founding date of Matic Network is unfortunately not that clear. Its source code was released publicly on github on November 2017 under the GNU General Public License v3.0 license.
Organization wise, Matic Networks Development is Centralized and is being developed under the lead of Sandeep Nailwal.

The consensus on which the Matic Network network is run is called Not mineable, while the underlying algorithm is called None.
In the current state of Matic Network currently is On-going development

group MATIC Community Analysis



MATIC Communities & Events

There is no official MATIC-subreddit yet

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There is no official Telegram Channel for MATIC yet

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Official Twitter account for Matic Network

view_list @maticnetwork Channel
person 40,420 Followers
1/ We’re teaming up with @InbloxEvents to support their Blockchain eWeekend educational webinar series! Inblox shares our passion for education. Over the next 5 weeks, the series will cover a range of topics from building blockchain payment systems to planning crypto portfolios. 110 favorite
The session on Growth of DeFi by @sassal0x is live! 🎉 Join here : 104 favorite
Join us on June 10th at 7:30 PM IST for the next @coingecko virtual meetup, featuring our COO @sandeepnailwal! Sandeep has been invited to discuss the topic of 'What's Coming Next in Blockchain Games' alongside other industry thought leaders. Register: 100 favorite
Matic is being listed on @BinanceUS! 🥂🔥 Deposits for $MATIC are now open in preparation for trading going live tomorrow, June 5th, at 9:00am EST / 6:00am PST via the pairs MATIC/USD and MATIC/BUSD. Details 👉 Happy trading! 387 favorite
Earn 10% APR on your $MATIC holdings with @Binance Savings!🎉 Binance is launching a new Savings Product for MATIC, enabling token holders to lock up their tokens for a 7-day period to earn 10% APR on their holdings. Subscriptions are now open! Details: 324 favorite
We were proud to encourage blockchain adoption at HackCovid19! Hackers came together to #BUIDL solutions to positively impact society. The Matic bounty winner was WhistleBlower, enabling anonymous submission of info relating to corrupt practices. 👉 113 favorite
Don’t miss our #DeFi-focused Masterclass session, powered by @Devfolioco, on June 5 at 5 PM IST! Anthony Sassano (@sassal0x), Co-founder of leading Ethereum-related research provider @ethhub_io, will be discussing ‘The Growth of DeFi’. Register here: 118 favorite
We're live! Join our COO & Co-founder, Sandeep Nailwal as he talks about Matic's mainnet & updates. 👉 135 favorite
Our COO & Co-founder, Sandeep Nailwal, is joining other prominent industry personalities at Mainnet 2020, to educate the attendees about Matic and provide updates regarding our mainnet tomorrow at 10:30AM IST. Read more and secure your ticket here: 105 favorite
Matic Network's mainnet block explorer is now live! 🥳 Check it out: 303 favorite

There are no events for Matic Network in the next 3 Months


MATIC Google Trends

The Google Trends chart displays the search interest on google in Matic Network relative to its peak over the last year. A rising chart shows growing interest int he project.

code MATIC Development Analysis



MATIC Github Analysis

Code Updates (Commits)

Every change to the codebase of Matic Network is registered as a commit. More active projects have many commits, dead projects nearly none.

Code line changes (+/-)

Extending a project results in many new lines of code. Changing existing code results in nearly the same amount of additions and deletions. Projects that are growing show a large number of code additions with relatively few deletions.

Programming languages

Repository Numbers

star 79 Stars
remove_red_eye 26 Watchers
usb 33 Forks
sync_problem 9 Open Issues
border_color 0.02 % Comment Coverage
lock_open GNU General License

attach_money MATIC Price Analysis



MATIC Price Prediction

$ 0.021564 (4.45%) arrow_drop_up

Predicted USD Market Price in 24h by Coinpaper

$ 0.021798 (5.59%) arrow_drop_up

Predicted USD Market Price in 14d by Coinpaper


Converter MATIC - USD

Convert between MATIC and USD with the live Matic Network prices, aggregated from all big exchanges that trade Matic Network.


Market insights

Volume from exchanges is considered untrusted if the exchange has little reputation and no License but reports suspiciously high trading volume in particular coins.

account_circle MATIC Team Analysis




MATIC Team Leader

Jaynti Kanani - Co-founder & ceo
Core contributor for the first Plasma MVP implementation. Wrote the first Node implementation of the original Walletconnect protocol. Contributed to Web3 and developer ecosystem tools like sol-trace. Previously Data Scientist with

supervisor_accountSocial Network Links

MATIC Team Members (11)

Sandeep Nailwal

Co-founder & coo

Anurag Arjun

Co-founder & cpo

Siddharth Jain

Vp - operations & marketing

Delroy Bosco

Project manager

Nirbhik Jangid

Community manager

Bhavir Shah

Head, engineering

Vaibhav Chellani

Blockchain engineer

Ashish Rajpurohit

Blockchain engineer

Arpit Agarwal

Blockchain engineer

Sayli Patil

Application engineer

Vishal Gupta

Devops engineer

compare_arrows MATIC Exchanges

MATIC Markets

# Exchange Pair Price 24h Volume Trusted
# 1 Binance MATIC/USDT $ 0.020717 $ 5,729,644 check
# 2 Binance MATIC/BTC $ 0.020595 $ 3,381,695 check
# 3 Binance MATIC/BNB $ 0.020684 $ 92,489 check
# 4 Binance MATIC/BUSD $ 0.020678 $ 54,519 check
# 5 CreekEx MATIC/BTC $ 0.020981 $ 27,348,621 clear
# 6 BitForex MATIC/USDT $ 0.020679 $ 671,739 clear
# 7 Bilaxy MATIC/USDT $ 0.020657 $ 597,633 clear
# 8 BitMax MATIC/USDT $ 0.020747 $ 10,158 clear
# 9 HitBTC MATIC/BTC $ 0.020926 $ 756 clear
# 10 BitMax MATIC/BTC $ 0.020595 $ 475 clear


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