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About MATIC and ETH
Polygon is falling, while Ethereum is climbing this week. The current MATIC to ETH conversion rate is 0.00004308. Inversely, this means that if you convert 1 ETH you will get 23,213.70 MATIC. The conversion rate of MATIC/ETH has decreased by 0.37% in the last hour (ETH/MATIC increased by 0.37%). In the last 24 hours, MATIC/ETH shrunk by 15.86%, while ETH/MATIC grew by the same amount.
The exchange rate of Polygon is decreasing. The current value of 1 MATIC is 0.00004308 ETH. In other words, to buy 5 Polygon, it would cost you 0.00021539 ETH. Inversely, 1 ETH would allow you to trade for 23,213.70 MATIC while 50 ETH would convert to 1,160,685.03 MATIC, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 15.58%. Meanwhile, in the last 24 hours, the rate has changed by 15.66%, which means that the highest exchange rate of 1 MATIC to ETH was 0.00005068 ETH and the lowest 24 hour value was 1 MATIC for 0.00004281 ETH. Last month, 1 MATIC was worth 0.00003973 ETH. Today, it's up 7.78%. Looking back a year, Polygon has changed by 0.00005342 ETH. That means that in a single year, the value of Polygon has shrank by 24%.
Polygon Market Stats
Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus.
Ethereum Market Stats
Ethereum is a decentralized computing platform that uses ETH (also called Ether) to pay transaction fees (or “gas”). Developers can use Ethereum to run decentralized applications (dApps) and issue new crypto assets, known as Ethereum tokens.
Conversion tables
MATIC to ETH values from Today at 11:10 pm
0.5 MATIC = 0.00002154 ETH |
1 MATIC = 0.00004308 ETH |
5 MATIC = 0.0002154 ETH |
10 MATIC = 0.0004308 ETH |
50 MATIC = 0.002154 ETH |
100 MATIC = 0.004308 ETH |
500 MATIC = 0.02154 ETH |
1,000 MATIC = 0.04308 ETH |
ETH to MATIC values from Today at 11:10 pm
0.5 ETH = 11,606.85 MATIC |
1 ETH = 23,213.70 MATIC |
5 ETH = 116,068.50 MATIC |
10 ETH = 232,137.01 MATIC |
50 ETH = 1,160,685.03 MATIC |
100 ETH = 2,321,370.06 MATIC |
500 ETH = 11,606,850.30 MATIC |
1,000 ETH = 23,213,700.60 MATIC |
MATIC to ETH over time
MATIC | Today | 24H -15.66% | 1M 7.78% | 1Y -24.00% |
|---|---|---|---|---|
0.5 MATIC | 0.00002154 ETH | 0.00002491 ETH | 0.00001986 ETH | 0.00002671 ETH |
1 MATIC | 0.00004308 ETH | 0.00004982 ETH | 0.00003973 ETH | 0.00005342 ETH |
5 MATIC | 0.0002154 ETH | 0.0002491 ETH | 0.0001986 ETH | 0.0002671 ETH |
10 MATIC | 0.0004308 ETH | 0.0004982 ETH | 0.0003973 ETH | 0.0005342 ETH |
50 MATIC | 0.002154 ETH | 0.002491 ETH | 0.001986 ETH | 0.002671 ETH |
100 MATIC | 0.004308 ETH | 0.004982 ETH | 0.003973 ETH | 0.005342 ETH |
500 MATIC | 0.02154 ETH | 0.02491 ETH | 0.01986 ETH | 0.02671 ETH |
1,000 MATIC | 0.04308 ETH | 0.04982 ETH | 0.03973 ETH | 0.05342 ETH |
Frequently asked questions
Right now, 1 Polygon is worth about A$0.1493.
Based on the current rate, you could get 6.70 MATIC for 1 AUD.
Polygon price has been declining. Since yesterday, the exchange rate of Polygon has decreased. Since last month, the exchange rate of Polygon has increased. Since this time last year, the price of Polygon has decreased.
You can use our MATIC to AUD calculator at the top of this page to convert any amount of MATIC to AUD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 AUD is equivalent to 33.48 MATIC. Inversely, 5 MATIC will cost about A$0.7467
Polygon is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Polygon.
Buy Polygon with Coinbase
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.