Polygon PoS Token Upgrade from MATIC to POL: MATIC books to Limit Only.

Incident Report for Coinbase Exchange

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Polygon PoS has upgraded its token from MATIC to POL. Coinbase will convert all Polygon (MATIC) to Polygon Ecosystem Token (POL) from October 14-17, 2025, including staked assets. During the migration window, rewards for staking Polygon (MATIC) will not accrue.

What does this mean for you? Read more in the thread

Polygon (MATIC) order books have been moved to limit-only mode.

Ahead of the migration, the following Polygon (MATIC) services will be impacted:
- Staking and unstaking will be disabled October 7
- Trading will be permanently disabled October 14
- Sends and receives will be disabled October 14-17

If you wish to opt-out of this automatic conversion please send your Polygon (MATIC) to a compatible self-custody wallet before October 14. If you wish to opt-out from the conversion of your staked Polygon (MATIC), please unstake before October 7 and send your Polygon (MATIC) to a compatible self-custody wallet before October 14.

You can find more details about the migration here: https://polygon.technology/blog/matic-to-pol-migration-is-now-live-everything-you-need-to-know

If you have any questions regarding this update, please visit: help.coinbase.com/en
Posted Sep 12, 2025 - 10:14 PDT
This incident affects: Asset / Book Listings.