2022 has proven to be devastating for the entire crypto market, yet despite prices being in a constant decline, Polygon still managed to score impressive stats and developments. So as a major Polygon supporter, I thought I’d share some of these numbers and developments with you:

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DeFi:

Despite DeFi taking a big hit in 2022, Polygon’s DeFi ecosystem kept growing in size, diversity, and number of users

• Polygon reached $1 billion dollars in DeFi TVL and now has the 4th highest TVL on the market
• Polygon surpassed 53,000 dApps and this number keeps on growing
• DeFi and derivatives apps and protocols scored major stats:

- Uniswap on Polygon scored monthly volumes of $4.25 billion and reached a yearly TVL of $100million

- Gains Network on Polygon scored an average of $80 million in daily trading volume and $21billion in total trading volume

- SynthFutures on Polygon scored a billion in monthly trading volume

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NFT market:

NFTs took an ever harder hit than DeFi did yet Polygon actually saw growth in its NFT market compared to 2021 which was a bullish year

• NFT volume on OpenSea on Polygon in 2022 is higher than in 2021
• Reddit NFTs blew with more than 5 million NFTs already minted and hundreds of thousands of NFTs minted daily
• Around 60,000 returning NFT buyers have been witnessed

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Tech development:

• In one year, Polygon developed more scaling solutions and frameworks (Polygon zkEVM, Polygon Hermez, Polygon Miden, Polygon Zero, Polygon Avail, Polygon ID, Polygon Edge, Polygon Supernets)
• Polygon became the first to ever develop an open-source zkEVM which will benefit Ethereum’s ecosystem

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Bizdev:

• Polygon dominated the market with major partnerships with companies ranging from tech (Meta, Nothing Phone, HTC), to social media (Facebook, Instagram, Twitter), to payment services (Stripe, PayPal), to fashion brands (Adidas, Prada, D&G), to finance (JP Morgan, Ernst & Young), to entertainment (Disney, NFL), and the list goes on and on…
• A lot of these partnerships saw use cases like Stripe’s and Travala’s payment services and Nothing Phone and HTC’s OS integration

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Web3 general development:

• Polygon saw a growth increase of 335% in active development teams YTD
• 804% growth in active development teams Y/Y
• 153% growth in API consumption YTD

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And while this isn't a comprehensive list, I think these highlights were more than enough to show that the charts don’t really show the full picture

Despite prices of many alts falling way below their ATH, some chains are still managing to maintain and even grow their activity and development.

This is a true indication of people being interested in the tech and ecosystem, not just prices and profits.