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How to Buy Polkadot
Good news! You can buy Polkadot on Coinbase's centralized exchange. We've included detailed instructions to make it easier for you to buy Polkadot.
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About Polkadot
Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Polkadot aims to achieve high degrees of security and scalability. DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains.
Buy PolkadotHappening now
AI generated 36m ago
DOT price rose ↗4% since yesterday, outpacing Layer 1 peers and contributing to its 23% monthly surge.
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7/26/2025, 9:47:22 AM
Trading Insights
Buyer Ratio
71%0%
Traders
2.7K
-15.17%
Buyers
1.9K
-15.71%
Sellers
837
-12.9%
Searched
2.2K
Market Stats
Market Cap
A$9.97B
FDV
A$9.97B
Circ. Supply
1.6B DOT
Max Supply
Not enough data
Total Supply
1.6B DOT
Performance
Popularity
#24
Dominance
0.18%
Volume (24H)
A$407.78M
-38.43%
Volume (7D)
A$3.93B
Volume (30D)
A$25.62B
All time high
A$83.98
Price Change (1Y)
-29.77%
Additional details
Market details
DOT vs markets
↘ 57.93%
DOT vs BTC
↘ 59.42%
DOT vs ETH
↘ 39.25%
Tags
defi
substrate
polkadot
web3
+2
Network & Addresses
Network | Address | |
|---|---|---|
Polkadot | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | A$6.23 | ↗ 2.10% |
1 Day | A$6.11 | ↗ 2.10% |
1 Week | A$6.60 | ↘ 4.64% |
1 Month | A$5.09 | ↗ 22.86% |
1 Year | A$8.90 | ↘ 29.77% |
Coinbase insights
Happening now
AI generated 36m ago
DOT price rose ↗4% since yesterday, outpacing Layer 1 peers and contributing to its 23% monthly surge.
Market Position
•
Trading volume dropped ↘38% in the last day, underperforming Layer 1 average
•
Weekly price down ↘4%, while top Layer 1s IP and XTZ post double-digit gains
•
Yearly price decline of roughly 30%, still maintaining top 20 position among Layer 1s
Past Stories
Recent trends
The latest DOT price is A$6.23. Compared to Polkadot's value of A$6.11 from 24 hours ago, there's been a 2% increase, while the current price is -5% down from A$6.60 which was recorded one week ago. Polkadot's all time high is A$83.98, which was reached on November 4, 2021. This is a -93% change from its price today.
The market cap is currently A$9.97B, which is a result of multiplying the current price of Polkadot(A$6.23) by the total supply(1,600,811,692 DOT). The fully diluted valuation of Polkadot is A$9.97B. The diluted valuation of Polkadot is A$9.97B.
Polkadot had 1,942 buyers, 837 sellers and total 2,717 trades in the last 24h. Polkadot was searched 2,187 times in the last 24h.
FAQ
Polkadot (DOT) is an open-source multichain protocol that seeks to connect and secure a network of specialized blockchains. It aims to facilitate the cross-chain transfer of any data or asset types, not just tokens, striving to make blockchains interoperable with each other. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains. As a metaprotocol, Polkadot has the ability to update its own codebase via on-chain governance according to the will of its token holder community. The Polkadot protocol seeks to connect public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain.
Polkadot operates through four core components: the Relay Chain, Parachains, Parathreads, and Bridges. The Relay Chain is the heart of Polkadot, helping to create consensus, interoperability, and shared security across the network of different chains. Parachains are independent chains that can have their own tokens and be optimized for specific use cases. Parathreads are similar to parachains but with flexible connectivity based on an economical pay-as-you-go model. Bridges allow parachains and parathreads to connect and communicate with external blockchains. Polkadot's native DOT token has three main functions: staking for operations and security, facilitating network governance, and bonding tokens to connect parachains.
Polkadot seeks to provide a foundation to support a decentralized web, controlled by its users, and to simplify the creation of new applications, institutions, and services. It can connect public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to trustlessly share information and transactions. This makes it possible to build applications that get permissioned data from a private blockchain and use it on a public blockchain. For instance, a school’s private, permissioned academic records chain could send a proof to a degree-verification smart contract on a public chain.
Polkadot is the flagship protocol of Web3 Foundation, a Swiss Foundation with a mission to facilitate an open-source, fully functional, and user-friendly decentralized web. Polkadot’s founders are Dr. Gavin Wood, Robert Habermeier, and Peter Czaban. Wood, Web3 Foundation’s president, is recognized in the industry as Ethereum co-founder, Parity Technologies founder, and one of the contributors who created the smart contract coding language Solidity. Wood is also credited with coining the term Web3. Polkadot concluded its first Parachain auctions at the end of 2021, assigning the first five slots to the following auction winners: Acala, Moonbeam, Astar, Parallel, and Clover. These projects will have their parachain slots locked in for 96 weeks, guaranteed by the DOT bidders committed as collateral.
We update our Polkadot to AUD currency in real-time. Get the live price of Polkadot on Coinbase.
The current market cap of Polkadot is A$9.97B. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkadot is A$83.98. This all-time high is highest price paid for Polkadot since it was launched.
Over the last 24 hours, the trading volume of Polkadot is A$407.78M.
Assets that have a similar market cap to Polkadot include Uniswap, Toncoin, Monero, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polkadot is 1.6 billion.
Polkadot ranks 21 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 98% of Coinbase users are buying Polkadot. In other words, 98% of Coinbase customers have increased their net position in Polkadot over the past 24 hours through trading.
Yes, Polkadot is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Polkadot guide.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Polkadot news
Trending articles
Social stats
Popularity in posts
#44
Contributors
1,833
Posts
7,710
% About Polkadot
0.457%
Hold times
0 days
X (Twitter)
54.05% bullish
Sentiment
4.5 ★
Highlights
1,833 unique individuals are talking about Polkadot and it is ranked #44 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polkadot has an average sentiment score of 90 out of 5. Finally, Polkadot is becoming less newsworthy, with 0 news articles published about Polkadot.
On Twitter, people are mostly bullish about Polkadot. There were 55.55% of tweets with bullish sentiment compared to 2.78% of tweets with a bearish sentiment about Polkadot. 44.45% of tweets were neutral about Polkadot. These sentiments are based on 7674 tweets.
On Reddit, Polkadot was mentioned in 16 Reddit posts and there were 22 comments about Polkadot. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Analysis
Bulls say
Polkadot’s innovative design seeks to provide scalability by processing transactions on several parallel chains. This approach could increase its relevance as the demand for blockchain solutions grows.
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Bears say
Polkadot’s complexity in connecting various blockchains could pose challenges for widespread adoption, as ease of use is critical for new users.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.