The cryptocurrency landscape is evolving rapidly, and one of the most significant transitions currently underway is the migration of the MATIC token to POL — a strategic upgrade led by Polygon. In response, OKX, a leading global Web3 technology company and digital asset exchange, has officially announced its support for this critical token migration.
This transition marks a pivotal moment for both Polygon and its users, as the network shifts toward enhanced scalability, interoperability, and a more decentralized future. OKX’s proactive integration ensures that traders, investors, and developers can navigate this change seamlessly while maintaining full access to their assets and trading capabilities.
Understanding the MATIC to POL Migration
The MATIC token migration to POL is part of Polygon’s broader vision to evolve from a scaling solution into a modular, multi-chain ecosystem. As Polygon 2.0 rolls out, the rebranding of MATIC to POL reflects not just a name change, but a fundamental shift in network architecture and economic design.
OKX is aligning with Polygon’s official roadmap by implementing a structured timeline for deposit, withdrawal, and trading adjustments. This ensures minimal disruption for users while supporting the long-term growth of the ecosystem.
👉 Discover how OKX is enabling smooth transitions during major crypto upgrades.
Key Milestones in the Migration Process
- Suspension of MATIC deposits and withdrawals on the Polygon PoS network will occur ahead of the full migration.
- POL deposits and withdrawals will go live on the ERC20 Mainnet in early September, allowing users to begin interacting with the new token standard.
- New spot trading pairs including POL/USDT and POL/USDC will be introduced to replace existing MATIC markets.
- All outstanding MATIC perpetual futures contracts will be delisted, and corresponding MATIC trading pairs will be phased out.
- User-held MATIC balances will be automatically converted to POL at a 1:1 ratio, ensuring no loss of value during the transition.
These steps reflect OKX’s commitment to security, transparency, and user experience during large-scale blockchain upgrades.
What Users Need to Know Before Migration
To ensure a seamless transition, OKX strongly advises users to take proactive steps before the scheduled deadlines:
- Manage open positions: Close or adjust any leveraged trades or margin positions denominated in MATIC.
- Settle outstanding loans: Repay any flexible loans or collateralized debt involving MATIC to avoid liquidation risks.
- Review wallet integrations: Confirm that external wallets and dApps used are also prepared for the POL transition.
Failure to act in time may result in temporary restrictions on trading or fund movement until the migration is complete.
Impact on Margin Trading and Lending
During the migration window, OKX will implement temporary adjustments to margin requirements and lending parameters for affected assets. These changes are designed to maintain platform stability and protect users from volatility spikes during the cutover period.
Once POL trading is fully operational, updated margin tiers and loan-to-value ratios will be published to reflect the new asset’s market behavior.
About OKX: Powering the Future of Web3
OKX is more than just a cryptocurrency exchange — it's a comprehensive Web3 ecosystem built to make blockchain technology accessible, secure, and intuitive for everyone.
From its origins as a crypto trading platform serving millions worldwide, OKX has expanded into one of the most connected and innovative players in decentralized finance (DeFi). Its suite of tools includes:
- The OKX Exchange, known for advanced trading features, deep liquidity, and robust security.
- The OKX Wallet, a non-custodial solution enabling seamless interaction with dApps across multiple chains.
- The OKX Marketplace, where users can explore NFTs and digital collectibles.
- OKX Explorer, providing transparent on-chain data analytics.
- Developer-focused offerings like OKX Chain and OKX OS, empowering builders in the Web3 space.
With products designed for both retail and institutional clients, OKX continues to bridge traditional finance with decentralized innovation.
👉 Explore how OKX empowers traders during major blockchain transitions.
Commitment to Security and Transparency
Trust is foundational in digital finance. OKX reinforces this through:
- Monthly publication of Proof of Reserves, independently verified to confirm asset backing.
- Integration with global banking systems for secure fiat onboarding and offboarding.
- A dedicated learning portal offering expert-level insights into market trends, technical analysis, and blockchain developments.
These initiatives ensure users trade with confidence, knowing their assets are protected and platform operations remain transparent.
Core Keywords Driving This Transition
To enhance discoverability and align with user search intent, key terms naturally integrated throughout this article include:
- MATIC token migration
- POL token
- OKX exchange
- Polygon 2.0
- token upgrade
- crypto migration
- Web3 transition
- blockchain upgrade
These keywords reflect the most common queries users have when navigating such ecosystem shifts — from understanding what’s changing to knowing how to act.
Frequently Asked Questions (FAQ)
What is the MATIC token migration?
The MATIC token migration is the official transition of the MATIC token to POL as part of Polygon’s evolution into a modular, multi-chain system under Polygon 2.0.
When will the migration begin?
The process begins soon, with specific dates for deposit suspension, POL rollout, and trading pair updates communicated by OKX in early September.
Do I need to manually convert my MATIC to POL?
No. OKX will automatically convert all user-held MATIC balances to POL at a 1:1 ratio. No action is required for basic holdings.
Will my open MATIC trades be affected?
Yes. All MATIC perpetual futures and spot trading pairs will be delisted. Users must close or manage positions before the cutoff to avoid forced liquidation.
Can I still deposit MATIC after migration starts?
No. Deposits on the Polygon PoS network will be suspended prior to migration. Afterward, only POL deposits on ERC20 will be supported.
Is POL a new token or just a rebrand?
While POL replaces MATIC symbolically, it represents a deeper upgrade within Polygon 2.0 — including new staking mechanics, governance models, and interoperability features.
👉 Stay ahead of blockchain upgrades with real-time updates from OKX.
Final Thoughts
The shift from MATIC to POL is more than a token swap — it's a leap forward for scalable, interconnected blockchains. By supporting this migration with clear timelines, automated conversions, and comprehensive user guidance, OKX reinforces its role as a trusted leader in the Web3 revolution.
Whether you're an active trader, long-term holder, or DeFi builder, staying informed and prepared ensures you can move confidently through this transition — and beyond.