MATIC to POL migration FAQ

On 4 September 2024, Polygon announced that POL will replace MATIC as the native gas and staking token for the network’s Proof of Stake (PoS) chain.

Bullish will support the POL token as an ERC20 on Ethereum and will deprecate its support of MATIC. Customers are encouraged to withdraw MATIC and deposit as POL as early as possible.

POL is replacing MATIC to provide a more versatile and future-proof token that aligns with Polygon's growth as an aggregated blockchain network. The upgrade aims to enhance the token's utility and ensure it can support the network's expanding roles and services. For further information refer to this article - Save the Date: MATIC → POL Migration Coming September 4th. Everything You Need to Know

Bullish will support the POL token as an ERC20 on Ethereum and will deprecate its support of MATIC in due course.

Both POL and MATIC will be available on the Bullish platform for a period of time as detailed below:

Customers can deposit POL anytime after the announcement on 29 October 2024.

Customers are encouraged to withdraw their MATIC by 12 November 2024. See Withdrawing funds from your Bullish account for further details.

Before transferring funds to or from Bullish, please carefully verify all your details to ensure accuracy. Mistakes could result in the permanent loss of your funds. Bullish cannot be held responsible for any losses due to errors or actions initiated by you.

Bullish will no longer support MATIC deposit after 5 November 2024. Customers who deposit MATIC after this date, should anticipate delays in accessing their assets.