Due to the increase in trading activity on Polymarket, the POL burn amount on Polygon reached a historic high in February

By: www.chaincatcher.com|2026/03/02 22:46:36

Polygon officially announced on X that the POL burn amount in February reached a record high, totaling 28.2 million POL.

Previously, it was reported that the trading volume of Polymarket, the most important application in the Polygon ecosystem, also hit a historic high in February.

-- Price

--
--
--

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.

You may also like

Lawson Convenience Store Processes Payment of 322 Yen with JPYC

On August 6, a payment of 322 yen was processed using the yen stablecoin JPYC at the Lawson convenience store in Tokyo's Takamawa Gateway City.

Visa and Artemis Release Agentic Payments Report, x402 Protocol Processes $15 Million in Transactions in One Year

Polygon Labs Acquires Coinme, Enters Final Stage and Initiates Layoffs

Polymarket completes its first six-figure institutional-level on-chain bulk transaction, with the underlying asset being the price of NVIDIA H100 GPU computing power

The prediction market platform Polymarket has disclosed that it has completed its first institutional-level on-chain block trade, a six-figure dollar transaction executed by digital asset broker FalconX and AI risk clearing infrastructure startup Anera Labs on the Polygon blockchain. The transaction...

Polymarket: The security incident reported by ZachXBT is due to the leakage of the internal operational wallet's private key, but user funds and market settlements are safe

Polymarket staff Shantikiran Chanal posted on platform X that they have noted a security report related to reward distribution, and user funds and market settlements are in a secure state. The investigation points to a wallet used for internal operations experiencing a private key leak, rather than ...

Meta returns to the stablecoin space, launching USDC payment features for select creators

According to Meta's official website, Meta has opened stablecoin payment features to some creators in Colombia and the Philippines, allowing them to receive USDC through the Solana and Polygon networks. Creators need to link a third-party crypto wallet address on the Facebook payment platform, and M...
...
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com