Explore the Polygon Web3 ecosystem
In this article:
- What is the Polygon ecosystem?
- How do I connect to Polygon dApps and Web3 apps?
- What are some popular Web3 apps on Polygon?
- How do I buy Polygon (MATIC)?
- How do I exchange Polygon tokens?
- Which Polygon tokens does Exodus support?
- How do I display my Polygon NFTs?
What is the Polygon ecosystem?
Polygon, formerly known as the Matic Network, was founded in 2017. Polygon is a “layer two” or “sidechain” scaling solution that runs alongside the Ethereum blockchain.
Polygon (MATIC) is Polygon’s primary cryptocurrency, which is used to pay for transaction fees, also known as gas. You can also stake MATIC. MATIC has a limited supply, with about 7.4 billion in circulation. There will never be more than 10 billion coins in circulation.
If you're looking for blockchain data, the most popular block explorer for Polygon is PolygonScan .
What are some popular dApps and Web3 apps on Ethereum?
There are a lot of dApps and Web3 apps to explore, that cover everything from DeFi to staking to NFTs and more. Below, you can find some of the most popular Ethereum Web3 apps.
You can connect and explore without any funds in your wallet. But if you want to interact with Web3 apps, you'll need some Polygon (MATIC) in your wallet to pay transaction fees, also known as gas.
Don't have any Polygon (MATIC) yet? Jump to: How do I buy Polygon (MATIC)?
It's important to note that Exodus provides a software interface that allows you to connect to Web3. Exodus can't guarantee the safety of any third-party platform, including the Web3 apps listed here. Make sure you do your own research, and only connect to Web3 apps you trust 100%.
For more information about how to stay safe while exploring the wide world of Web3, please visit: Safety and security for DeFi and Web3.
Aave is a finance Web3 app that allows users to lend and borrow cryptocurrencies. AAVE eliminates the need for a middleman (such as a bank) and removes the approval process for taking out a loan.
dYdX is a DEX that enables margin trading and perpetual trading. Margin trading on dYdX lets you take up to 20x leverage on your trades. Perpetual trading has no expiration date, meaning you can hold or trade your position indefinitely.
Lido lets you stake any amount of MATIC and earn daily staking rewards. You can also use your staked MATIC in other DeFi Web3 apps to compound your income.
OpenSea is the first and largest global NFT marketplace that functions on multiple blockchains. You can explore all kinds of NFTs, from collectibles to photography, to domain names, and more.
Refinable is a multichain decentralized marketplace for discovering, exploring, creating, and exchanging NFTs.
PlayDapp Market is a Polygon NFT marketplace where you can purchase and sell in-game NFTs and other digital assets.
The Sandbox is a decentralized, community-driven gaming ecosystem.
How do I buy Polygon (MATIC)?
If you need to buy some Polygon (MATIC), you can use the Buy Crypto feature in your Exodus wallet!
Depending on your region, you may be able to purchase through Ramp, MoonPay, or both. You can find our step-by-step guides here:
For general info on how to buy crypto, visit: Where can I buy Bitcoin and other crypto?
How can I exchange Polygon in Exodus?
You have 2 options to swap Polygon (MATIC) and Polygon tokens in Exodus.
You can use Exodus Swap on Web3 Wallet or the in-app exchange on Desktop and Mobile.
You can swap Polygon tokens using Exodus Swap on Web3 Wallet.
Exodus Swap includes a DEX aggregator that allows you to perform exchanges outside of traditional, centralized exchanges. DEX aggregators get you the best deal from multiple decentralized exchange providers, which means you pay cheaper fees and get better token prices.
You can also perform cross-chain swaps which are routed through centralized API providers in Exodus Swap.
You can find the full guide here: How do I exchange crypto in Web3 Wallet?
With the in-app exchange on Exodus Desktop and Mobile, you can exchange many different cryptocurrencies. In most cases, exchanges are complete in a few minutes!
To learn more, visit: How do I exchange crypto using the in-app exchange?
Which Polygon tokens does Exodus support?
Exodus supports different Polygon tokens. You can search for your token, and enable supported Polygon tokens, by following the steps in this guide: How do I enable and disable assets in Exodus?
If your token isn't supported, jump to: How do I add custom Polygon tokens?
You can see all supported Polygon tokens if you filter by the Polygon network in the Assets section of your wallet. For a full guide on how to do this, visit: How do I find an asset by its network?
How do I add custom Polygon tokens?
On the off-chance Exodus doesn't yet support your favorite Polygon token, you can always add it as a custom token!
You can find all the steps here: How do I add a custom token?
How do I display my Polygon NFTs?
You can display your Polygon NFTs in your NFT Gallery in Exodus.
Available in Exodus Web3 Wallet, Mobile, and Desktop, the NFT Gallery is an easy way to show off your Polygon NFTs.
You can find out more here: How do I explore the NFT Gallery?
How do I connect to Polygon dApps and Web3 apps?
First of all, what are dApps and Web3 apps? They're like any other app, except they're built using blockchain technology like smart contracts. Instead of signing in with a username and password, you connect with a crypto wallet.
All dApps are Web3 apps, but not all Web3 apps are decentralized, so 'Web3 app' is the umbrella term used for any app you connect to with a crypto wallet. If you'd like to learn more, visit: What are dApps and Web3 apps?
You can connect to Ethereum Web3 apps with the browser-based Exodus Web3 Wallet, or by using WalletConnect in Exodus Mobile.
Exodus Web3 Wallet
You can use Exodus Web3 Wallet to connect to any Polygon Web3 app.
Web3 Wallet is a multi-chain browser extension wallet for Chrome and Brave. To learn how to download, install, and use Web3 Wallet, visit: Getting started with Exodus Web3 Wallet.
WalletConnect on Exodus Mobile
You can connect to any Ethereum Web3 app with WalletConnect in Exodus Mobile.
WalletConnect is an open-source tool that connects mobile wallets to Web3. To learn more, visit: WalletConnect in Exodus.