How to Create a Token on Polygon: A Guide for Creators

We’ll walk through a dApp that lets you create a token on Polygon without writing a single line of code. It’s Polygon Token Creator by Smithii, an audited tool with a clean interface that gets your token live in under a minute for just 49 POL.

By inheriting ERC20’s security guarantees, Polygon runs as a fast, reliable ecosystem with a massive user base and the added bonus of much cheaper transaction fees.

Let’s walk through how to create ERC20 token on Polygon step by step, but first we need to cover a few key concepts.

What is a token ERC20 on Polygon?

ERC20 is the technical standard for issuing fungible assets on the Ethereum blockchain. It defines a set of rules that ensure assets work correctly across the network.

Ethereum was the first blockchain to support digital assets like tokens and NFT, but its high fees gave rise to new blockchains that copy its standards but run on much lower fees. These are called ERC20 layer 2s.

The Polygon blockchain is a ERC20 layer 2, which in our case means you can create a ERC20 token on it.

Why create your own Token on Polygon?

Its layer-2 ERC20 standards, low costs, low congestion, and strong momentum (it’s right in the middle of a growth phase) make launching a token on Polygon a high-value choice when picking which crypto ecosystem to deploy your token on.

Tokens created on the Polygon blockchain can serve many use cases, but a few stand out:

• Payment currency
• Contract execution
• Swaps and exchanges
• Governance
• Equity
• Meme Coin

Is it legal to create your own token on Polygon?

As we covered in our piece on the legality of meme coins, creating a token on Polygon or any other blockchain is fully legal. From there, things get more nuanced depending on the token’s utility and the creator’s intent.

For example, in the United States, a utility token (personal or business) may not qualify as a security, which means it falls under a different set of restrictions and regulations. Either way, when it comes to token legality, the rules can shift at any moment.

In July 2025, the U.S. House of Representatives passed the Digital Asset Market Clarity Act (CLARITY). According to a piece published on Coindesk, this bill (alongside the GENIUS Act) aims to build a solid framework for regulating stablecoins. It’s a historic milestone, as these are the first laws of their kind to be approved or actively considered in the United States.

Either way, we recommend getting legal advice before launching your coin and only moving forward with these steps once you’re ready to give it a real utility or open it up to the market for trading.

How much does it cost to create a token on Polygon?

To launch a token on Polygon, you need to create a smart contract. Basically, code that lives on the blockchain as the foundation of a given digital asset, in this case a token. Behind every token there’s a smart contract, and writing one from scratch requires coding skills.

Hiring a developer to build a smart contract gets expensive fast, usually north of $200. That’s why the online tools in the Smithii suite open up the crypto ecosystem for everyone, letting anyone with zero coding knowledge launch their own token for just 49 POL.

In short, the dApp we’ll use is called Polygon Token Creator. It works as a smart contract generator and costs just 49 POL to use.

How to create a token on Polygon step by step

To launch your own Token, head over to the Polygon Token Creator tool by Smithii Tools, which lets you deploy the token without writing a single line of code.

1. Connect your wallet
2. Enter the name and symbol you want for your token.
3. Set the supply for your token.
4. Click Create Token, approve the transaction, and wait for your token to land in your wallet.

If you want, you can use advanced options when creating your token on Polygon, like setting a tax, airdrop mode, anti-bot, and anti-whale. Here’s what each feature does:

• Under «Tax», you can pick the fee you’ll collect on every transaction of your token and set the address of the wallet that receives those fees.
• Turning on «Airdrop Mode» stops users from sending or trading your token until you toggle it off.
• With «Anti Bot», you can shut down snipers and bots on your liquidity pool by enforcing a cooldown between transactions per wallet.
• The «Anti Whale» mode lets you set a buy and sell cap per wallet, a time gap between transactions, a max holding amount, plus a time window for how long this stays active.

How to launch a token on Polygon: liquidity pool on Uniswap

Once you’ve deployed the smart contract for your token with Polygon Token Creator from Smithii Tools, all that’s left is to create a Liquidity Pool on Uniswap, pair your new token with something valuable like $USDC or $ETH, and push it to market.

But first, you’ll need to update the image, logo, and extra info for your token, which you do on Polyscan. You can follow our guide on adding a logo, social media links, and other info to a token on Ethereum, since it’s the same protocol and the steps are nearly identical.

How to list a token on Polygon on Coinmarketcap and Coingecko

If you want to list your token on Coinmarketcap and Coingecko, you just need to submit a request, and listing is completely free.

• Apply for Coinmarketcap
• Apply for Coingecko

Now you can use the Polygon Volume Bot to generate volume and bring in more makers that pull in other investors.

Things to keep in mind when using Polygon Token Creator

We’re a company based in Dubai with thousands of active users on our tools every month. On top of that, even though the tool creates your token, the wallet you connect retains ownership of the smart contract, so you stay in full control.

Also, at no point do we request access to your private key, NFTs, or any tokens sitting in your wallet. In other words, all your assets stay safe.

If you’d like, you can also check out our guide to create a meme coin on Polygon

FAQ on creating a token on Polygon

What is a token on Polygon?

A token on Polygon is a smart contract ERC20 deployed on the Polygon PoS sidechain. It’s a standard ERC20, identical to the one on Ethereum, but with gas fees under a cent and far higher throughput.

How much does it cost to create a token on Polygon with Smithii?

Deploying the smart contract with Polygon Token Creator costs 49 POL. On top of that, you’ll pay the Polygon gas fee (very low) and the cost of creating the liquidity pool on Uniswap, plus whatever initial liquidity you add to the pair.

Do I need to know how to code to create a token on Polygon?

No. Polygon Token Creator works as a smart contract generator: you enter the name, symbol, supply, and advanced options (tax, anti-bot, anti-whale) from the interface, and the tool deploys the ERC20 on Polygon PoS for you.

Is it legal to create a token on Polygon?

Yes. Creating a token on Polygon (or on any other blockchain) is fully legal in most jurisdictions. The regulation that applies depends on how the token is used and on your jurisdiction; we recommend getting legal advice if you plan to operate it commercially.

Who is the owner of the smart contract?

Your wallet. The tool deploys the contract under the wallet you connect, so you keep ownership and control from minute one. Smithii never asks for access to your private key or any other assets.

Conclusion

Creating a token on Polygon Network lets you leave your mark on the blockchain. It’s the kind of asset that devs and project owners in the crypto ecosystem use to define themselves, since it’s how you connect with the community or with investors. At the end of the day, we’re all here to get something out of the web3 space, and launching a token is what separates a regular user from those hungry for more.

Today it’s a simple task thanks to our online tools that work as a smart contract generator on polygon, where you can launch a ERC20 token on Polygon without writing any code.

Juan Manuel Sanchez

Crypto writer focused on the Web3 space. Former contributor to the Smithii editorial team.