Polygon is living up to its goal of becoming the leading payments/RWA chain. This past quarter, P2P stablecoin transfers hit $15B, up 49% from Q2. Today, I published Messari's report on @0xPolygon's Q3. Here are the highlights 👇
Payments-focused apps facilitated $1.82B in transfer volume across more than 50 platforms, up 49% QoQ.
Stablecoin-linked crypto cards processed $381M in combined Mastercard and Visa volume, across 10 different card programs.
Polygon’s Chain GDP grew 23% QoQ to $22M. The top 4 leaders by application revenue in Q3 were: > @QuickswapDEX - $9.4M (55% QoQ increase) > @circle - $5.5M (6% QoQ increase) > @Uniswap - $4.1M (15% QoQ increase) > @aave - $2.1M (17% QoQ increase)
Polygon's DeFi TVL ended Q3 at $1.14B, with @QuickswapDEX increasing its TVL QoQ by 15%.
Polygon's stablecoin supply reached $2.94B, a 22% QoQ increase. $USDT supply increased 35% QoQ to $1.4B.
Polygon’s market cap grew 39% QoQ to $2.4B, outperforming the broader crypto market, which rose by 21%.
Average daily active addresses on Polygon grew to 592K, up 13% QoQ. Average daily transactions increased 20% QoQ to 3.8M.
In July 2025, Polygon implemented the Bhilai Hardfork, the first milestone in its scaling roadmap. The upgrade increased Polygon PoS throughput to 1K+ tx/s, raised the block gas limit from 30M to 45M, and reduced gas fee volatility. x.com/0xPolygon/stat…
Bhilai Hardfork is live today on Polygon! • increasing throughput by 50% capacity, enabling 1000 TPS • smoothing out gas fees, reducing volatility during high demand • integrating Ethereum’s Pectra EIPs, supporting account abstraction via EIP-7702
Later in July, Polygon introduced Heimdall v2, a consensus layer upgrade that reduced transaction finality from 1 to 2 mins to roughly 5 secs. x.com/0xPolygon/stat…
The most complex upgrade in Polygon history is live! Heimdall v2 brings: • finality down to ~5 seconds (from ~1min) • better network stability • modern, future-proof core infrastructure The team worked diligently with node operators to ensure a smooth upgrade, and despite a…
Agglayer CDK Enterprise launched to provide privacy-first, interoperable infra for institutions building permissioned EVM chains. x.com/sandeepnailwal…
Product Launch Announcement 🚢 Introducing CDK Enterprise! When it comes to building a stack, different builders have different needs. Especially when it comes to banks, fintechs, large corporations, or regulated use cases. Most enterprises today run on legacy private…
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