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Polygon POL Burn Tracker

Tracking Polygon's EIP-1559 burn mechanism and the value of increased onchain activity

Published 30 Mar 2026 by Lorenz Lehmann

Read on growthepie

Work in Progress: This quick bite is preliminary and still under construction. KPI values are static snapshots and do not update automatically yet.

Introduction

Polygon PoS adopted an EIP-1559-style fee mechanism that permanently burns a portion of every transaction fee. As onchain activity grows, gas throughput rises, and so does the rate at which POL is removed from the total supply forever.

  • January 2022: Polygon activated its EIP-1559 base-fee burn, removing MATIC (now POL) from every transaction.

How it works: every transaction on Polygon PoS includes a base fee that is burned rather than paid to validators. Higher network activity → higher gas throughput → more POL burned per second.

Burn Summary

Daily & Cumulative POL Burned

Each bar represents the POL burned in a single day. The line tracks the running cumulative total, showing how sustained network usage steadily erodes the circulating supply over time.

Network Throughput: Gas Per Second

Gas per second measures how much computation the network processes daily. More activity means more transactions, higher base fees, and ultimately more POL burned. The chart below shows how the growth in Polygon's throughput directly drives the burn rate.

Note: KPI values (total burned, USD value, % of supply) are calculated using static figures as of late March 2026 and a fixed POL price of $0.09281. They are not updated in real time.

Topics discussed

  • Economics
  • Polygon
  • Token Burns