Daily mint adds coins. Fee burns come in batches.
POL powers Polygon: 10.63B coins circulate, all unlocked. A contract mints new POL every day, and network fees are saved up and burned in batches.
Sell pressure. The 2% yearly mint added 52.27M POL in 90 days, split between stakers and the Community Treasury. Nothing vests.
Buy pressure. Saved fees burned 100M POL on Sep 23 2026. The next batch opens Dec 22 2026, with 21.62M POL waiting.
Net. Net, supply fell about 0.45% in 90 days and grows about 0.29% in the next 90.
POL has no supply cap. Once a day a contract mints new POL at a rate of 2% a year: half goes to the staking contract to pay validators and stakers, half to the Community Treasury. In these 90 days it minted 52,272,666 POL, about 581,000 a day, and the same rate gives about 52.53M POL in the next 90 days. From Oct 1 to Dec 1 2026 stakers earn more, but that extra comes from saved network fees, not from new coins.
Nothing vests. The old MATIC team, sale and foundation schedules ended years ago, unlock trackers show POL as fully unlocked, and circulating supply equals total supply (all minted coins except the burned ones).
Every team-linked wallet is already counted as circulating, so spending from them adds no new supply. The Community Treasury received half of each day's mint, then on Oct 14 2026 sent 100.7M POL through a multisig into staking, leaving about 18,700 POL. On Polygon itself, base fees waiting to be burned sit in two wallets: 21.62M POL in the burn wallet and 62.88M POL in a fee wallet run by a Polygon Labs multisig. The MATIC swap contract holds 373.99M POL for MATIC not yet converted. Polygon Labs' own wallets are not published.
No bankruptcy estate, court case or long lock is releasing POL.
Nothing buys POL back. A forum idea to end the 2% mint and fund buybacks from the treasury has been open since October 2025 with no vote.
Base fees paid on Polygon are saved, then burned in batches. On Sep 23 2026 the saved fees were sent to Ethereum and destroyed: 100,000,000 POL in one transaction. The burn contract lets anyone start the next batch once 90 days have passed, so the next one opens on Dec 22 2026, with up to 100M POL per batch. The burn wallet holds 21.62M POL today, and that is what we count for the next 90 days.
No Polygon Labs or treasury purchase of POL was found in these 90 days. The treasury spends and stakes POL; it does not buy it.
About 3.77B POL sits in the staking contract on Ethereum, including the 100.7M the Community Treasury staked on Oct 14 2026. Staked POL still counts as circulating, so a bigger stake takes nothing off the market.
Two sides: how much people want POL right now, and how much buying could come later.
This part is based on social media. It shows how hot POL is right now. A better rank means more people are talking about it.
Today, people are talking about POL for two reasons:
On Oct 14 2026, Polygon Labs said it finished buying Coinme. This gives it 37 state money licenses and coverage in 48 US states. Its CEO said the payments business could make a profit in 2027, but POL fell below $0.10 after the news. People ask how payments money will reach POL holders.
On Oct 11 2026, Polygon co-founder Sandeep Nailwal said about 100 million POL, near 1% of supply, was burned from network fees in late September 2026. Another 22 million POL is queued next, with no date yet. People ask if burns this size can beat the new POL made each year.
Checked Oct 17 2026
Supply and demand point to a mixed long-run signal for Polygon (Oct 17 2026, score 5.5/10). Polygon adds +0.29% new supply in 90 days, and demand reads modest (2.5/5). Polygon's price drivers: 0 ▲ price up, 1 ▼ price down.
Likely two reasons. Polygon Labs closed Coinme for US payments, and POL holders get no cut of Labs' payments work. Dollars on Polygon grew about 2.5x since 2024 but have slipped since May. POL sits near 9.6 cents (Oct 15 2026). By supply and demand, Polygon's long-run signal is mixed today.
Polygon trades near 9.59 cents (Oct 17 2026). $1 a coin means a $10.6B market cap, 10 times today's $1.02B. Polygon's supply also grows +1.82% in the next year, so every extra coin needs buyers too. For Polygon, the supply-and-demand signal is mixed right now.
We would read Polygon differently if new supply jumps (today +0.29% in 90 days), or demand falls from modest, or Labs payments pivot keeps pointing down. Until then Polygon's signal stays mixed. Mark this date for Polygon: 2027 — Labs aims for profit.
Polygon scores 5.5/10 on our framework (Oct 17 2026): supply 3/5 (light), demand 2.5/5. Over the next year Polygon's supply changes +1.82%. The long-run signal is mixed.
Supply and demand favor Polygon most when little new supply is coming, demand is strong and the price drivers point up. Right now Polygon has +0.29% new supply in 90 days (light), demand modest (2.5/5), drivers 0 ▲ / 1 ▼.
Polygon's price drivers today: 0 pointing up, 1 pointing down, out of 2. • Polygon stablecoins: Dollars on Polygon grew about 2.5x since 2024, slipping since May. ▼ Labs payments pivot: Labs closed Coinme for US payments; POL holders get no cut.
Polygon: mixed signal, 5.5/10 · Bitcoin: positive signal, 8.5/10 (Oct 17 2026). By supply and demand, Polygon reads weaker than Bitcoin today.
Every answer here applies basic economic theory — the law of supply and demand — to this coin's data. It is not financial advice. How we read every coin →
We look at two things, half each: supply and demand. Fewer new coins mean less selling pressure. A meme coin scores 1.5 at most on supply: its team got its coins for free, so no new supply does not make it safe. We also show each coin's age, with a warning when it is younger than 1 year. Demand looks at how much people want the coin now and how much buying could come later. Price Drivers (Beta) are the 2 or 3 things that can move one coin's price that supply and demand miss; they have no score. POL supply grows +0.29% in the next 90 days, so it shows in red: more POL reaches the market than is removed. Zero or falling supply is always green, any growth is red.
One email before each big supply event, and the day our verdict changes. Nothing else. You can watch 2 coins for free.
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