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.
Happening now
AI generated 3h ago
Following a series of major updates to its ecosystem, market attention is turning to whether DOT can reverse its recent daily price decline.
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Buyer Ratio
Traders
2.3K
-40.61%
Buyers
1.5K
-46.37%
Sellers
893
-27.04%
Searched
2.9K
Market Stats
Market Cap
R$27.15B
FDV
R$27.15B
Circ. Supply
1.6B DOT
Max Supply
Not enough data
Total Supply
1.6B DOT
Performance
Popularity
#25
Dominance
0.15%
Volume (24H)
R$2.76B
-39.69%
Volume (7D)
R$29.21B
Volume (30D)
R$97.75B
All time high
R$293.47
Price Change (1Y)
-40.72%
Additional details
Market details
DOT vs markets
↘ 55.83%
DOT vs BTC
↘ 53.12%
DOT vs ETH
↘ 44%
Tags
defi
substrate
polkadot
web3
+2
Network & Addresses
Network | Address | |
|---|---|---|
Polkadot | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | R$16.52 | ↘ 9.05% |
1 Day | R$18.29 | ↘ 9.05% |
1 Week | R$16.04 | ↗ 4.24% |
1 Month | R$21.92 | ↘ 24.25% |
1 Year | R$30.11 | ↘ 40.72% |
Coinbase insights
Happening now
AI generated 3h ago
Following a series of major updates to its ecosystem, market attention is turning to whether DOT can reverse its recent daily price decline.
Polkadot announces major ecosystem updates
Polkadot recently introduced a decentralized stablecoin called HOLLAR
, created the
Polkadot Capital Groupfor institutional finance, and
cappedthe total supply of its DOT token.
DOT shows mixed price performance
The asset's price is down
↘4%
today and
↘21%
over the last month, though it posted a strong
↗11%
gain for the week. Despite the daily drop, its trading volume remained solid, ranking 10th among Layer 1 assets, and its price has recently moved past a key 7-day resistance level.
Recent trends
The latest DOT price is R$16.52. Compared to Polkadot's value of R$18.29 from 24 hours ago, there's been a -9% decrease, while the current price is 4% up from R$16.04 which was recorded one week ago. Polkadot's all time high is R$293.47, which was reached on November 4, 2021. This is a -94% change from its price today.
The market cap is currently R$27.15B, which is a result of multiplying the current price of Polkadot(R$16.52) by the total supply(1,634,157,171 DOT). The fully diluted valuation of Polkadot is R$27.15B. The diluted valuation of Polkadot is R$27.15B.
Polkadot had 1,538 buyers, 893 sellers and total 2,300 trades in the last 24h. Polkadot was searched 2,937 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.