About Polkadex
Polkadex (PDEX) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Polkadex has a current supply of 22,800,000 with 8,360,000 in circulation. The last known price of Polkadex is 0.07033082 USD and is down -4.56 over the last 24 hours. It is currently trading on 15 active market(s) with $141,082.57 traded over the last 24 hours. More information can be found at
Trading Insights
Searched
11
Market Stats
Market Cap
£480.62K
4.14%
FDV
£1.15M
Circ. Supply
8.4M PDEX
Max Supply
20M PDEX
Total Supply
23M PDEX
Diluted Valuation
£417.71K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£94.58K
40.39%
Volume (7D)
£585.17K
Volume (30D)
£2.16M
All time high
£171.59
Price Change (1Y)
-58.01%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Polkadex has decreased by 1.42% in the last hour and increased by 4.50% in the past 24 hours. Polkadex’s price has also fallen by 1.98% in the past week. The current price is £0.0563 per PDEX with a 24-hour trading volume of £94.58K. Currently, Polkadex is valued at 99.97% below its all time high of £171.59. This all-time high was the highest price paid for Polkadex since its launch.
The current circulating supply of Polkadex is 8,360,000 PDEX which means that Polkadex has as total market cap of £480,616.88.
Market details
PDEX vs markets
↘ 75.24%
PDEX vs BTC
↘ 76.74%
PDEX vs ETH
↘ 59.3%
Tags
decentralized-exchange-dex-token
defi
polkadot
dex
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xF59ae934f6fe444afC309586cC60a84a0F89Aaea | |
Sora | 0x008a99c642c508f4f718598f32fa9ecbeea854e335312fecdbd298b92de26e21 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0563 | ↗ 4.50% |
1 Day | £0.0539 | ↗ 4.50% |
1 Week | £0.0568 | ↘ 1.98% |
1 Month | £0.0609 | ↘ 7.73% |
1 Year | £0.14 | ↘ 58.01% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Polkadex is a decentralized peer-to-peer (P2P) cryptocurrency exchange for the DeFi ecosystem. The DEX was created on Substrate and is based on an order book (list of trade orders). Substrate refers to a blockchain technology, particularly, a framework for creating customized blockchains. Thus, the Polkadex orderbook is a hybrid crypto-exchange supported by Web3 (internet version). The entire trading platform operates on the Substrate framework and combines the Automated Market Maker (AMM) model common in several DEXs, with an orderbook model utilized by centralized exchanges. Automated market makers (AMM) are part of decentralized exchanges introduced for removing any intermediaries while trading cryptocurrencies.
The mission of Polkadex is to merge the characteristics of cryptocurrency exchanges and user experience with the benefits of decentralized safety and security. Polkadex was created for attaining this mission with innovative ideas focusing on key areas such as liquidity, custody of assets, the execution speed of trades, and customer areas.
Further, Polkadex aims towards developing a decentralized network utilizing the Substrate framework, focusing on resolving the interface issue by introducing a centralized trading experience. The Substrate framework supports the development of composable, interoperable, and application-specific blockchains without any complexities related to block consensus (transaction verification) and production.
Moreover, to resolve the issue of low liquidity, Polkadex links AMMs to the trading engine directly. The auto market makers operate as on-chain market-making bots. Bots are implemented by traders to facilitate trade automatically in the cryptocurrency markets. If any trade is unable to match against the Polkadex orderbook, the engine instructs on-chain trading bots to try matching the order. The trades are executed successfully only when on-chain bots provide a better price.
We update our Polkadex to GBP currency in real-time. Get the live price of Polkadex on Coinbase.
The current market cap of Polkadex is £480.62K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkadex is £171.59. This all-time high is highest price paid for Polkadex since it was launched.
Over the last 24 hours, the trading volume of Polkadex is £94.58K.
Assets that have a similar market cap to Polkadex include Sportbet.one Token, Aston Villa Fan Token, RAT Escape, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polkadex is 8.4 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.