Token Relations launches Polygon dashboard featuring DeFi, stablecoins, payments and more
Polygon Weekly Overview - September 26, 2025
Welcome back 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.
By The Numbers
Polygon daily active addresses: 552K (-4.85%)
Polygon daily txns: 3.94M (+9.44%)
Polygon Total Volume Locked (TVL): $1.12B (-8.2%)
Daily DEX Trading Volume: $156.8M (+32.43%)
USDT: $407M (+21.5%)
USDC: $1.14B (-32.94%)
DAI: $110M (+7.84%)
NFT weekly sales volume: $4.81M (-26.86%)
Top 3 NFT collections by sales volume:
Courtyard: $4M (-28.92%)
Voxies: $74.65K (-14.04%)
OKX NFT Creation: $61.59K (-28.9%)
The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
Polygon Spotlight
🟪 What happened: This week Token Relations launched the Polygon dashboard, which aggregates real-time network performance, DeFi ecosystem metrics, stablecoin flows, payment application volumes, Real World Asset (RWA) tokenization, and more.
🟪 Why it matters: The platform consolidates over 30 key performance indicators across these five categories to provide institutional-grade analytics for Polygon’s expanding infrastructure.
This dashboard addresses the critical analytics gap that has limited institutional understanding of Polygon’s evolution from a scaling solution into payments infrastructure. Unlike generic blockchain explorers that focus on transaction counts, the Token Relations dashboard captures the economic activity that drives Polygon’s institutional adoption and real-world utility across emerging markets.
The payments section reveals user behavior patterns via transfer size breakdowns to categorize transactions and show how users utilize the network.
Global payment application tracking for providers like Avenia, Revolut and BlindPay provides analytics on stablecoin adoption trends on Polygon. This view of payment protocols can help institutions understand market penetration across global payment corridors, particularly in LATAM, where stablecoin adoption is driving significant volume growth.
The high-level stablecoin analytics provide visibility into Polygon’s role as settlement infrastructure for some of the largest and most active stablecoins, like Circle’s USDC, Tether’s USDT and Maker DAO’s DAI. The platform shows metrics like overall circulating and bridged supply for all major stablecoins on the network; transfers, volume and active addresses; and analysis metrics like market share.
The DeFi ecosystem health metrics offer institutional investors comprehensive protocol performance tracking. TVL across the top 10 protocols surfaces capital allocation trends, while revenue and fee metrics reveal which applications have sustainable business models.
DEX volume distribution analysis provides liquidity depth insights, crucial for large institutional trades and market making operations. Protocol-specific financial performance tracking can help to identify the most efficient applications for institutional integration.
The RWA section captures Polygon’s emerging role in the tokenization of traditional finance through asset count and historical value tracking, showing institutional adoption of blockchain-based securities and commodities.
Network performance and RWA metrics provide the operational reliability data institutions require for high-volume applications. Transactions, active addresses, transaction per second (TPS), network utilization, and block time consistency demonstrate Polygon’s ability to handle enterprise volume. Contract deployment trends also show high developer adoption and platform expansions over time.
🟪 The big picture: The Token Relations dashboard highlights the network and economic activity driving Polygon’s tokenized real-world assets, payments volume, and DeFi infrastructure. The focus on economic activity rather than vanity metrics helps institutions, developers and users understand Polygon’s positioning, and the overall view emphasizes payment flows, DeFi revenue generation, and RWA tokenization.
This tells Polygon’s infrastructure story with quantifiable metrics that investors, institutions and developers can use to evaluate how blockchain tech can be integrated for specific use cases.
Traditional finance institutions exploring stablecoin payments, digital asset treasuries, or RWA tokenization need detailed performance data to make informed platform choices. The dashboard provides institutional-grade analysis across metrics that matter most for real-world applications.
Into the Agglayer
Fornet Mainnet went live on Agglayer, bringing native crosschain orderbook trading
Tria partnered with Sentient’s AI GRID as an agent payment partner enabling cross-chain settlements for AI and human agents
Tune into Agglayer’s recent X Space on its institutional onboarding strategy
Read how Agglayer CDK Enterprise enables fintech companies to deploy customizable blockchain infrastructure with sovereign governance and compliance features
Ecosystem showcase
Watch Polygon Labs CEO Marc Boiron talk about payment-focused blockchains and hiring Stripe’s former head of crypto on the first episode of the Money Moves Fast podcast with The Rollup
Stripe surpassed $50M in lifetime stablecoin volume on Polygon, ranking first among EVM chains, including Ethereum
Check out Trust Wallet’s accelerator program, which seeks to connect developers with Polygon’s developer community ad liquidity hubs to build payment infrastructure and develop RWAs
Polygon integrated with x402 protocol, enabling agent payments via thirdweb and x402rs facilitators
Join in the fun
Want to dive into the Polygon ecosystem full-time?
Tune in to QuickSwap’s The Aggregated X space exploring Digital Asset Treasuries’ $133B+ market and future growth tomorrow at 11AM EST
At KBW in Singapore? Join Sentient AGI at the Agents Unleashed side event on October 1
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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.