Chains / Polygon

Polygon

#6 of 33 networks by measured capital

$5.99B

1.8% of all measured capital · 10 instruments · 10 issuers

Tokenized treasuries 1%Stablecoins 99%Private credit 0%

As of 2026-09-14, OnChain Benchmark measures $5.99B of tokenized capital on Polygon, across 10 instruments from 10 issuers. Every figure is read from the chain — nothing is estimated.

01 · Tokenized treasuries

$54.56M — 0.9% of Polygon

3 instruments

Instrument	Measured on POL	Share of chain
BENJIFranklin OnChain U.S. Government Money Fund Franklin Templeton	$32.17M	0.5%
USTBLSpiko US T-Bills Money Market Fund Spiko	$14.86M	0.2%
BUIDLBlackRock USD Institutional Digital Liquidity Fund BlackRock / Securitize	$7.53M	0.1%

02 · Stablecoins

$5.93B — 99.1% of Polygon

6 instruments

Instrument	Measured on POL	Share of chain
IDRXIDRX idrx	$4.82B	80.5%
USDCUSD Coin Circle	$602.57M	10.1%
DAIDai Sky (formerly MakerDAO)	$490.08M	8.2%
BRLA

03 · Private credit

$909.15K — 0.0% of Polygon

1 instrument

Instrument	Measured on POL	Share of chain
ACREDApollo Diversified Credit Securitize Fund Securitize	$909.15K	0.0%

Coverage

What this figure does — and doesn’t — include.

We count a deployment only when we can read its supply onchain and value it with a real price. Figures are measured, not estimated.

Excluded on Polygon — 2 instruments

CASHXBlackRock ICS US Dollar Liquidity Fund (Kaio Tokenized)

priced at a placeholder $1 rather than a real NAV read — excluded rather than publish a fabricated figure

EUTBLSpiko EU T-Bills Money Market Fund

denominated in a non-USD currency; we do not convert FX here, so it is excluded rather than counted at the wrong USD value

Methodology: how we measure · the full rated universe · chain quality ranking