About Polkamarkets
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. Buy & Sell fractions of event outcomes, or even create your own events where others can take their own positions. Participate & Provide Liquidity to Earn.
Trading Insights
Searched
3
Market Stats
Market Cap
£564.69K
-6.63%
FDV
£564.70K
Circ. Supply
100M POLK
Max Supply
100M POLK
Total Supply
100M POLK
Total Value Locked
£15.52K
Diluted Valuation
£565.60K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£64.29K
13.99%
Volume (7D)
£395.03K
Volume (30D)
£1.74M
All time high
£3.09
Price Change (1Y)
-57.85%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Polkamarkets has decreased by 10.37% in the last hour and decreased by 7.50% in the past 24 hours. Polkamarkets’s price has also risen by 13.37% in the past week. The current price is £0.0057 per POLK with a 24-hour trading volume of £64.29K. Currently, Polkamarkets is valued at 99.82% below its all time high of £3.09. This all-time high was the highest price paid for Polkamarkets since its launch.
The current circulating supply of Polkamarkets is 99,998,565.017 POLK which means that Polkamarkets has as total market cap of £564,688.71.
Market details
POLK vs markets
↘ 74.16%
POLK vs BTC
↘ 77.3%
POLK vs ETH
↘ 57.92%
Tags
defi
prediction-markets
polkadot
polkastarter
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xD478161C952357F05f0292B56012Cd8457F1cfbF |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0057 | ↘ 7.50% |
1 Day | £0.0061 | ↘ 7.50% |
1 Week | £0.0050 | ↗ 13.37% |
1 Month | £0.0051 | ↗ 9.52% |
1 Year | £0.0139 | ↘ 57.85% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Polkamarkets is a decentralized finance platform. According to its whitepaper, Polkamarkets is a Polkadot-powered prediction market. According to the platform’s website, Polkamarkets is an autonomous prediction market that is built as a multiple blockchain information exchange platform. The users on the platform can take part in real-world events and earn incentives.
There is a space for prediction markets between decentralized finance and information exchange that is yet to be explored. A prediction market is a place where users and traders can leverage their past, present, and future knowledge to forecast a specific event or an outcome based on a real-world incident. According to the whitepaper, the existing prediction markets suffer from key problems such as lack of liquidity and markets, lack of traders, and confusing and duplicate needs. The platform aims to solve the issues by incentivizing such liquidity providers and traders to take a prominent position in the market. The platform also seeks to maintain a system for curation and resolution that intends to ensure efficient and trustworthy markets.
The users can participate in real-life events like e-sports, the future of a cryptocurrency, political events, and much more. Users can take part by forecasting the result and earning incentives. Such users can also create their events and let other users participate. The platform also supports live streaming of esports events and the crypto price market. A user can also participate in the live chat or in the virtual event in an online community. The platform also supports NFT technology and provides badges for achievement to access the exclusive marketplace.
POLK is the native cryptocurrency of the Polka markets platform. Users can earn POLK in various ways. A user can earn POLK by providing liquidity to the Polka markets. The trading fees on the polka markets are provided to the liquidity providers. Users can also mine POLK, which seeks to be introduced soon.
The platform got launched during the first and second quarters of 2021. Primarily, the platform was found on the Ethereum network. The platform shifted from Ethereum to the Polkadot blockchain. The team includes Ricardo Marques (CEO), Francisco Lourenco (CMO), and Henrique Caiano (product advisor). The total supply of POLK tokens is one hundred million coins.
We update our Polkamarkets to GBP currency in real-time. Get the live price of Polkamarkets on Coinbase.
The current market cap of Polkamarkets is £564.69K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkamarkets is £3.09. This all-time high is highest price paid for Polkamarkets since it was launched.
Over the last 24 hours, the trading volume of Polkamarkets is £64.29K.
Assets that have a similar market cap to Polkamarkets include Donut, Vertex Protocol, B-cube.ai, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polkamarkets is 100 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.
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