For information on changes for our US clients, please visit our Support Center article.

Changes to MATIC on the Polygon Network
Kraken
Back in 2023, the Polygon team published their roadmap announcing their intent to migrate from the ticker MATIC to POL, on the Polygon Network.
We’re very pleased to now be able to list the new, native POL token on Kraken on September 4th, 2024 12:00 PM UTC.
Here’s what’s changing:

On the Polygon network:

  • On September 4th, 2024 12:00 PM UTC, Kraken will list POL on the Polygon Network.

On the Ethereum network:

  • Kraken will continue to support both MATIC and POL on the Ethereum Network until further notice.

Clients with staked MATIC:

Clients who currently have MATIC staked* on Kraken are not impacted by any of the changes happening next week: all staked MATIC will remain staked, and this change also has no direct impact on the reward rate.
*Geographic restrictions apply.
Additional information
In the coming months, Kraken will automatically migrate clients 1:1 from MATIC to POL. We will provide details regarding this migration, including a specific timeline, once available.
Clients also have the ability to trade their MATIC for POL themselves now, rather than wait to be automatically migrated, via the MATIC/POL trading pair using Kraken Pro, or via the convert feature using the Kraken app.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake, or hold any cryptoasset or to engage in any specific trading strategy. Kraken makes no representation or warranty of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of any such information and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. Kraken does not and will not work to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position. Geographic restrictions may apply.