Polygon
Real-time TPS
40.68 tx/s
Max TPS (100 blocks)
429 tx/s
Max Theor. TPS
714 tx/s
Block Time
2.13s
Finality
4m 16s
Type
Layer 2
Governance
Off-chain
Launch Date
May 30, 2020
Total Transactions
Soon
Polygon Real-time TPS Chart
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Compare Polygon with Other Blockchains
How Many Transactions Per Second Can Polygon Handle?
Polygon can process 429 transactions per second
About Polygon
Polygon, formerly Matic Network, is a blockchain platform designed to establish a multi-chain system compatible with Ethereum. It employs a proof-of-stake consensus mechanism similar to Ethereum for on-chain transactions, with its native token being MATIC. Functioning as a "layer two" or "sidechain" scaling solution alongside Ethereum, Polygon facilitates quicker transactions and lower fees. Its inception aimed to tackle Ethereum's major challenges, including high fees, subpar user experience, and limited transaction throughput, aspiring to create an "Ethereum's internet of blockchains" or a multi-chain ecosystem of Ethereum-compatible blockchains.
Token symbol:
MATIC
Metrics Overview:
Polygon TPS is 40.68 transactions per second
Polygon Max TPS is 429 transactions per second
Polygon Max Theoretical TPS is 714 transactions per second
Polygon transaction count is coming soon
Polygon block time is 2.13s
Polygon time to finality is 4m 16s
Polygon is a Layer 2 blockchain
Polygon governance model is off-chain
Polygon was launched on May 30, 2020 (5 years ago)