Welcome to the Polygon Weekly Overview, the best place for the Polygon community to get up to speed on the chain’s latest updates, metrics, releases, insights, ecosystem developments and more. All in one place.
Going to DevCon? Sign up for Money Rails for a full day of discussions and networking focused on the future of onchain finance
By The Numbers
Polygon daily active addresses: 951.4K (-13.51%)
Polygon daily txns: 5.2M (+6.12%)
Polygon Total Volume Locked (TVL): $1.22B (-0.26%)
Daily DEX Trading Volume: $296.3M (+16.2%)
USDT: $344M (-10.42%)
USDC: $609M (+31.25%)
DAI: $139M (+2.21)
NFT weekly sales volume: $3.2M (-27.53%)
Courtyard: $2.1M (-26.23%)
Crypt Social Club: $214.87K (+277111%)
Voxies: $73.65K (-14.04%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
🟪What happened: Calastone, a global funds network, has partnered with Polygon for its tokenized distribution platform, enabling its users to tap Polygon’s infrastructure to distribute tokenized fund share classes.
🟪Why does it matter: This integration brings onchain fund distribution to Calastone’s network of 4,500 financial institutions across 58 countries.
The launch offers improvements to mutual fund operations. Fund trades that typically take days to settle can now complete faster on Polygon. Cash becomes available at T+0 settlement, helping reduce counterparty risk for participants.
It also allows any asset manager connected to Calastone’s network to issue and transfer fund shares directly via Polygon.
Using smart contracts, this integration removes costly go-betweens, and tokenized fund shares enable fractionalization, which allows smaller investors to buy pieces of high-value funds. This also opens the market to digitally native users and DeFi protocols that prefer keeping funds onchain.
🟪The big picture: Calastone’s partnership with Polygon highlights how traditional capital markets are adopting public blockchain infrastructure. The integration creates a model for tokenization that modernizes asset distribution without disrupting compliance or custody standards.
This development augments Polygon’s growing institutional presence. The network already hosts institutional money market funds such as BlackRock BUIDL, valued at over $530 million, along with Germany’s NRW.BANK blockchain bonds, Spain’s BeToken equity tokens, and more. Now Calastone adds global fund distribution to this ecosystem of compliant digital assets.
Chart Of The Week
Into The Agglayer
Read this guide on Agglayer CDK Enterprise, which aims to solve scalability problems for private chains
Polymarket announced partnerships this week with UFC and Yahoo Finance
Lumia announced a partnership with SafePal to integrate rwaTokens, giving users access to rwaAAPl, rwaGOLD, rwaOIL, and more
Listen to The Money Movement Agglayer X Space to learn about the vision for LATAM payment apps
Learn how Katana avoids vault contagions, which affected xUSD and balancer v2 this past week
Ecosystem Showcase
Read Polygon Foundation CEO Sandeep Nailwal’s op-ed in Entrepreneur about how tokenization opens access to financial opportunities
Tune into the Money Rails Preview X Space to learn from the teams powering onchain finance
Listen to the Flutterwave x Polygon X Space with Sandeep Nailwal and Ethereum co-founder Vitalik Butern to learn how stablecoins are becoming the backbone of payments onchain
Polygon’s stablecoin market cap hit an all-time high of $3.22 billion on November 6
Read about how India is moving toward a digital rupee in this op-ed by Polygon Head of Payments Aishwary Gupta
Join In The Fun
Want to dive into the Polygon ecosystem full-time?
To get this newsletter delivered to your inbox every week, subscribe here.
This product was built by Token Relations.
This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.