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Cryptopedia Staff

How Polygon (MATIC) Became a Leader in Layer-2 Ethereum Scaling Development -100

The Polygon crypto network (formerly Matic Network) can help Ethereum developers scale dApps with its advanced Layer-2 solutions and MATIC coins.

MATIC Coin & Layer-2 Polygon Crypto Scaling

There may not yet be a victor of the “scaling wars,” but there are certainly frontrunners.

Polygon (MATIC): A Top Layer-2 Ethereum Scaling Solution

Polygon (MATIC)

Explore our collection of Cryptopedia articles related to Polygon (MATIC). Discover new topics and the latest insights.

Polygon (MATIC) Articles - Cryptopedia | Gemini

Co-Founder & COO, Polygon

Sandeep Nailwal

Sandeep Nailwal is the Co-Founder and COO of Polygon. Sandeep discovered the revolutionary nature of blockchain in 2017 and set his sights on solving for scalability issues.

Cryptopedia - Sandeep Nailwal, Co-Founder & COO, Polygon

Polygon (MATIC)- The Swiss Army Knife of EthereumScaling-100

A look at Polygon (formerly Matic Network), a Layer-2 scaling solution with payment and lending solutions, atomic swaps, and improved dApp and DEX performance.

Polygon Crypto Layer-2 Scaling (Matic Network)

Polygon (MATIC): The Swiss Army Knife of Ethereum Scaling

Today, we are excited to announce the listing of five new perpetual contracts on Gemini Foundation. Eligible users can now trade the BOME, GOAT, MEW, PNUT, and POL perpetual contracts denominated in [Gemini Dollars (GUSD)](https://www.gemini.com/dollar) with up to __100x leverage__.

Gemini Derivatives is a non-US derivatives platform that hosts multiple crypto perpetual contracts for trading, including the BTC/GUSD, ETH/GUSD, XRP/GUSD, SOL/GUSD, WIF/GUSD perpetual contracts and much more.

Gemini’s derivatives product is available in select jurisdictions globally. The full list of available countries can be found [here](https://www.gemini.com/derivatives). It is not available to customers in the United States of America, United Kingdom, or the European Union.

Please note that with the listing of the POL/GUSD perpetual contract, __the MATIC/GUSD perpetual contract will be scheduled for delisting in the near future__. We encourage customers to close any open positions and refrain from opening new ones for this contract. Further information regarding this process will be provided to customers in due course.

### Opening a Derivatives Account

If you have yet to create a Gemini account and reside in a derivatives-enabled jurisdiction, [sign up for an account here](https://exchange.gemini.com/register "Gemini Exchange") to receive both a spot and derivatives trading account.

For current Gemini spot users in derivatives-enabled jurisdictions, follow the steps below to activate your derivatives account today.

1. [Log on](https://exchange.gemini.com/signin) via desktop or mobile web browser
2. Select the Account drop-down list at the top left of your screen
3. Select “Activate Now” next to the Derivatives Account option to begin the activation process
4. Read and accept the derivatives-specific terms and conditions
5. Transfer GUSD, BTC, or ETH to your derivatives account

Stay tuned as we continue to list new perpetual contracts and enhance your experience on the Gemini derivatives platform. 

For additional details, please visit [www.gemini.com/derivatives](https://www.gemini.com/derivatives).

Onward and Upward,

The Gemini Derivatives Team

<details>sign up</details>


The secure way to buy, sell, store and convert crypto. Millions use Gemini to diversify their portfolios.

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Introducing Five New Perpetual Contracts on Gemini’s Derivatives Platform: BOME/GUSD, GOAT/GUSD, MEW/GUSD, PNUT/GUSD, POL/GUSD

We are excited to announce the listing of the MATIC/GUSD perpetual contract on Gemini Foundation. Eligible users can now trade the SOL perpetual contract denominated in [Gemini Dollars (GUSD)](https://www.gemini.com/dollar) with up to __100x leverage__.

Gemini Derivatives is a non-US derivatives platform that now hosts multiple crypto perpetual contracts for trading, including the BTC/GUSD, ETH/GUSD, XRP/GUSD perpetual contracts and more.

Gemini's derivatives product is available in select jurisdictions globally. The full list of available countries can be found [here](https://www.gemini.com/derivatives). It is not available to customers in the United States of America, United Kingdom, or the European Union.

### Opening a Derivatives Account

If you have yet to create a Gemini account and reside in a derivatives-enabled jurisdiction, [sign up for an account here](https://exchange.gemini.com/register "Gemini Exchange") to receive both a spot and derivatives trading account.

For current Gemini spot users in derivatives-enabled jurisdictions, follow the steps below to activate your derivatives account today.

1. [Log on](https://exchange.gemini.com/signin) via desktop or mobile web browser
2. Select the Account drop-down list at the top left of your screen
3. Select “Activate Now” next to the Derivatives Account option to begin the activation process
4. Read and accept the derivatives-specific terms and conditions
5. Transfer GUSD to your derivatives account

For more details, please visit [www.gemini.com/derivatives](https://www.gemini.com/derivatives).

Onward and Upward,

The Gemini Derivatives Team

<details>sign up</details>


Introducing the MATIC/GUSD Perpetual Contract on Gemini's Non-US Crypto Derivatives Platform 

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Learn about MATIC

Polygon (formerly known as the Matic Network) is a Layer-2 solution on the Ethereum network. It provides scalable, secure, and instant transactions using sidechains. Based on an adapted implementation of the Plasma framework, Polygon optimizes for asset security and employs a decentralized network of Proof-of-Stake (PoS) validators. Decentralized application (DApp) developers can leverage the Polygon network for its fast transaction speed and low transaction cost.

## Token

MATIC is an ERC-20 token native to the Polygon Network that serves multiple purposes, including paying for transaction fees, staking, and governance.

MATIC can be stored in a crypto wallet and custodian like Gemini.

[Polygon website](https://polygon.technology/)

[Polygon technical documentation](https://docs.matic.network/)

Learn more about Polygon on [Cryptopedia](https://www.gemini.com/cryptopedia):

[Polygon (MATIC): The Swiss Army Knife of Ethereum Scaling](https://www.gemini.com/cryptopedia/polygon-crypto-matic-network-dapps-erc20-token)

View up to date news & the price of Polygon (MATIC) crypto on our Polygon price page and learn how you can buy, sell & trade Polygon on Gemini's trading platform.

Polygon (MATIC) Price - Buy, Sell & View The Price of Polygon Crypto

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