POLTRACK

Polymarket
pUSD tracker.

Polymarket USD (pUSD) is used to trade on Polymarket. See how much is in circulation and how much USDC backs it.

pUSD in circulation501.54MpUSD

Total supply on Polygon.

Observed Nov 12, 2026 · UTC

USDC backing$505.25M

USDC and USDC.e held in the pUSD reserve

Backing ratio100.74%

USDC backing compared with pUSD supply

Net supply change+5.6M

pUSD over 30 days

Total supply

pUSD supply

501.54M pUSD
pUSD supply 501,536,647.6 pUSD
pUSD supplyTap to inspect a date, or use the date slider below. pUSD.524M508.24M492.47M5 Nov 202612 Nov 2026
pUSD supplyHow pUSD supply changes over time.
524M pUSD
Nov 5, 2026Nov 9, 2026Nov 12, 2026
How pUSD supply changes over time.
Daily change

Net supply change

Net change −6,051,894.02 pUSD
Net supply changeTap to inspect a date, or use the date slider below. pUSD.44.71M13.69M−17.33M5 Nov 202612 Nov 2026
Nov 5, 2026Nov 12, 2026
Blue shows supply growth; light blue shows a decrease.
Reserve balance

USDC backing

$505.25M
USDC backing 505,246,795.8 USDpUSD supply 501,536,647.6 pUSD
USDC backingTap to inspect a date, or use the date slider below. USD / pUSD.529.67M510.5M491.34M5 Nov 202612 Nov 2026
USDC backingBlue shows USDC backing; light blue shows pUSD supply.
$529.67M
Nov 5, 2026Nov 9, 2026Nov 12, 2026
Backing ratio 100.74%
Blue shows USDC backing; light blue shows pUSD supply.

Frequently asked questions

What is Polymarket USD (pUSD)?

pUSD is the token used as collateral when trading on Polymarket. It runs on Polygon.

What backs pUSD?

USDC and USDC.e held in the pUSD reserve. The backing ratio divides that balance by the total pUSD supply.

Is pUSD the same as POLY?

No. pUSD is the existing trading collateral. POLY is the separate asset discussed by Polymarket executives. Read the token news →