Polygon Hit by Third Founder Exit—What’s Going On Behind the Scenes?

Mihailo Bjelic, one of Polygon’s most visible co-founders, has officially stepped down—becoming the third key figure to exit the project in recent times. This string of departures is raising concerns about the leadership stability of one of Ethereum’s top Layer 2 scaling solutions.

Polygon has long been praised for its strong developer community and enterprise adoption. Big names like Reddit, Disney, and Nike have built on Polygon’s fast, low-cost network. However, founder exits can be a red flag, especially when they occur in quick succession.

While the project continues to evolve—recently announcing the ambitious “Polygon 2.0” vision—investors and developers alike are wondering if the internal dynamics are as strong as the technology.

Still, Polygon’s ecosystem remains one of the most active in Web3, and the network’s decentralized nature may allow it to weather leadership changes better than traditional organizations.