CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82.67% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Trade Polygon to US Dollar - MATIC/USD CFD

0.52188
11.82%
Market Trading Hours* (UTC) Open now
Closes on Saturday at 22:00

Sun - Fri: 00:00 - 22:00 22:05 - 00:00

Sat: 00:00 - 06:00 08:00 - 22:00 22:05 - 00:00

  • Summary
  • Historical Data
Trading сonditions
Spread 0.04274
Long position overnight fee

Long position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment -0.061644 %
Charges from full value of position ($-1.23)
Trade size with leverage ~ $3,000.30
Money from leverage ~ $2,000.30

Go to platform
-0.061644%
Short position overnight fee

Short position overnight funding adjustment


Margin. Your investment $1,000.00
Overnight funding adjustment 0.013699 %
Charges from full value of position ($0.27)
Trade size with leverage ~ $3,000.30
Money from leverage ~ $2,000.30

Go to platform
0.013699%
Overnight fee time 22:00 (UTC)
Min traded quantity 9
Currency USD
Margin 33.33%
Commission on trade 0%

  • Last Week
  • Last Month
  • Last Year
  • Last two Years
  • Max
  • Daily
  • Weekly
  • Monthly
Date Close Change Change (%) Open High Low
Nov 23, 2024 0.50263 0.02825 5.96% 0.47438 0.51328 0.46848
Nov 22, 2024 0.47448 0.04205 9.72% 0.43243 0.47448 0.42533
Nov 21, 2024 0.43233 0.02205 5.37% 0.41028 0.43863 0.39703
Nov 20, 2024 0.41013 -0.00195 -0.47% 0.41208 0.44373 0.39993
Nov 19, 2024 0.41213 -0.02515 -5.75% 0.43728 0.43743 0.40338
Nov 18, 2024 0.43613 0.05880 15.58% 0.37733 0.45133 0.37433
Nov 17, 2024 0.37903 -0.02450 -6.07% 0.40353 0.42128 0.37023
Nov 16, 2024 0.40348 0.05310 15.15% 0.35038 0.41793 0.34763
Nov 15, 2024 0.35043 0.01335 3.96% 0.33708 0.35413 0.32803
Nov 14, 2024 0.33703 -0.01825 -5.14% 0.35528 0.36243 0.33203
Nov 13, 2024 0.35533 -0.02390 -6.30% 0.37923 0.38288 0.33943
Nov 12, 2024 0.37918 -0.02840 -6.97% 0.40758 0.42638 0.35983
Nov 11, 2024 0.40753 0.02170 5.62% 0.38583 0.40858 0.37598
Nov 10, 2024 0.38588 0.02155 5.91% 0.36433 0.40468 0.36008
Nov 9, 2024 0.36428 -0.00695 -1.87% 0.37123 0.37573 0.35083
Nov 8, 2024 0.37108 0.04640 14.29% 0.32468 0.38553 0.31773
Nov 7, 2024 0.32463 0.01175 3.76% 0.31288 0.32978 0.31023
Nov 6, 2024 0.31283 0.03080 10.92% 0.28203 0.31563 0.28198
Nov 5, 2024 0.28193 0.01165 4.31% 0.27028 0.28623 0.27023
Nov 4, 2024 0.27023 -0.00905 -3.24% 0.27928 0.28293 0.26393

Trading calculator

Calculate your hypothetical P&L if you had opened a CFD trade on a certain date (select a date) and closed on a different date (select a date).

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Leverage
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Investment
Trade size (Leverage x Investement):
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For the avoidance of doubt, this calculation does not include the costs of holding a position overnight (for which there will be additional charges)

MATIC/USD

Follow our comprehensive Polygon (MATIC) price chart to spot the best trading opportunities

Polygon, previously known as the MATIC Network, was designed as a scaling solution for the Ethereum Network. Launched in 2017 by blockchain developers Jaynti Kanani and Sandeep Nailwal, along with business consultant Anurag Arjun, the MATIC Network’s vision is to bring about the mass adoption of decentralised blockchain solutions by resolving the key problems they face – transaction speeds, high fees and scalability.

The native Polygon cryptocurrency is known as the MATIC token, and is used as a payment and settlement system between users, as well as for the payment of transaction fees on the network.

Join Capital.com now to always stay up-to-date with the latest MATIC coin price in USD.

Based on an adaptation of the Plasma framework that was originally proposed by Vitalik Buterin, the MATIC Network utilises side-chains that “branch off” from the main Ethereum blockchain. A single side-chain can process up to 65,000 transactions per second, with a block confirmation speed of two seconds. This means that as the network continues to grow, multiple side-chains could theoretically handle millions of transactions per second.

The MATIC Network aims to provide an unparalleled user experience, allowing for the development of decentralised apps (DApps) with a variety of use cases. Some of these include payment solutions, gaming networks, and business management platforms.

Polygon has been working on establishing new partnerships within the industry. Some of its current partners are Ocean Protocol, a decentralised data exchange protocol, and bountyblok, a gamification platform built for blockchain applications.

On March 11, 2021, the MATIC token became available for purchase on Coinbase, leading to a massive surge in the cryptocurrency’s value. It was also revealed that Coinbase Ventures has owned MATIC tokens since 2019, and that the company has no plans to sell in the immediate future. Following the news, the coin’s price gained 60 per cent in 48 hours.

With Capital.com’s comprehensive live chart, you can not only quickly view the current MATIC/USD rate, but also trace the coin’s price in historic terms.

Since becoming available to purchase in May 2019, the lowest known MATIC price was $0.003012. Until late January 2021, the coin had traded for less than $0.04. Between February 1, 2021, and March 11, 2021, the price skyrocketed from $0.04 to $0.51, an increase of 1,175 per cent in a month and 16,900 per cent since its market debut.

You can stay on top of the latest Polygon (MATIC) crypto price and go long or short on the coin using Capital.com’s proprietary trading platform.

News

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Gold price predictions for the next five years: Third party data round up

Explore the future of gold prices and whether the yellow metal will continue its upward trend in the coming years.

15:17, 18 November 2024
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Shiba Inu coin price prediction 2030: could Shiba Inu coin reach $1? Third party price target

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08:36, 15 November 2024

Trump trades charge as Bitcoin hits $US80,000

Bitcoin hits $80,000 amid expectations of fiscal stimulus, lower regulatory risks, and resilient US economy.

10:48, 13 November 2024

Australian jobs data expected to point to solid labour market conditions

Australian labour market and wage data to reveal job growth resilience, shaping RBA rate cut expectations and impacting AUD amidst global economic shifts.

10:16, 13 November 2024

FOMC cuts interest rates as expected and sticks to its line on future policy

The FOMC cut interest rates by 25 basis points at its November meeting, aligning with expectations. Wall Street hit record highs following the decision, with tech stocks leading the rally. Markets are pricing in a probable December cut amid resilient economic indicators.

13:33, 8 November 2024

FOMC and BOE preview: further rate cuts expected

Both the Federal Reserve and the Bank of England are expected to cut rates further when they meet later this week.

14:14, 5 November 2024

RBA meeting preview: No change to policy expected as inflation fight continues

The Reserve Bank of Australia is expected to keep its cash rate on hold at 4.35% when it announces its policy decision at 2.30PM on the 5th of November, 2024. Despite ongoing evidence of soft demand, upside risks to inflation are likely to remain the central bank’s primary concern.

13:35, 4 November 2024

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