Chainlink vs Polygon Comparison

Side-by-side comparison of LINK and MATIC on Hyperliquid perpetual futures

LINK
$8.70
-4.60% (24h)
View LINK Analysis
MATIC
$0.3762
+0.00% (24h)
View MATIC Analysis

LINK vs MATIC Comparison Table

MetricLINKMATICEdge
Price$8.70$0.3762-
24h Change-4.60%+0.00%MATIC
24h Volume$5.15M$0LINK
Open Interest$22.07M$0LINK
Funding Rate (8h)+0.0013%+0.0000%LINK
Annualized Funding+1.37%+0.00%-

Derivatives Comparison

Funding Rate Comparison

LINK has a funding rate of +0.0013% (8h), while MATIC sits at +0.0000% (8h).

LINK has a higher absolute funding rate, meaning longs are paying more to hold positions. This suggests stronger directional conviction in LINK.

Open Interest Context

LINK has $22.07M in open interest with an OI/Volume ratio of 4.29.MATIC has $0 with a ratio of 0.00.

LINK has a higher OI/Volume ratio, indicating more sustained positions relative to trading activity. This typically means traders are holding longer-term directional bets.

Volume Context

LINK traded $5.15M in the last 24 hours, while MATIC traded $0.

LINK is more actively traded, which generally means tighter spreads, better execution, and lower slippage for traders. Higher volume also tends to reflect greater market interest and liquidity.

Quick Links

Other Comparisons

Frequently Asked Questions

Chainlink (LINK) and Polygon (MATIC) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. LINK currently trades at $8.70 while MATIC trades at $0.3762. Each has its own funding rate dynamics, open interest levels, and volatility profile, making them suitable for different trading strategies.
Currently, LINK has a higher absolute funding rate (+0.0013% per 8h) compared to MATIC (+0.0000% per 8h). A higher funding rate means traders on the paying side incur greater costs, but it can also present funding rate arbitrage opportunities.
The choice between trading LINK and MATIC depends on your strategy and risk tolerance. LINK has a 24h volume of $5.15M and open interest of $22.07M, while MATIC has $0 volume and $0 open interest. Higher volume typically means tighter spreads and better execution. Consider each asset's funding rate, volatility, and your own thesis when deciding. You can trade both on Beacon with real-time analytics.
LINK currently has higher open interest, indicating more capital committed to open positions. LINK has $22.07M in open interest while MATIC has $0. Higher open interest generally signals stronger market conviction and can lead to more volatile moves when liquidations cascade. The OI-to-volume ratio also matters - a higher ratio suggests more sustained positioning rather than purely speculative day trading.
Yes, both Chainlink (LINK) and Polygon (MATIC) perpetual futures are available on Hyperliquid and can be traded through Beacon. You can open positions in both assets simultaneously, allowing for pair trades, hedging strategies, or portfolio diversification. Beacon provides real-time data, signals, and analytics for both assets to help inform your trading decisions.

Trade LINK and MATIC on Beacon

Access real-time data, professional trading tools, and smart signals for LINK, MATIC, and 100+ other perpetual markets.