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 0.0790917 USD and is down -4.07 over the last 24 hours. It is currently trading on 15 active market(s) with $158,150.32 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
2
Market Stats
Market Cap
₹55.30M
1.93%
FDV
₹132.29M
Circ. Supply
8.4M PDEX
Max Supply
20M PDEX
Total Supply
23M PDEX
Diluted Valuation
₹48.98M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹12.26M
-0.65%
Volume (7D)
₹81.19M
Volume (30D)
₹288.60M
All time high
₹19.97K
Price Change (1Y)
-84.47%
Additional details
Recent trends
The latest PDEX price is ₹6.60. Compared to Polkadex's value of ₹6.50 from 24 hours ago, there's been a 2% increase, while the current price is 5% up from ₹6.24 which was recorded one week ago. Polkadex's all time high is ₹19,965.85, which was reached on April 16, 2021. This is a -100% change from its price today.
The current circulating supply of Polkadex is 8,360,000. This is 42% of its max supply of 20,000,000 PDEX and 37% of its total supply of 22,800,000. The market cap is currently ₹55.30M, which is a result of multiplying the current price of Polkadex(₹6.60) by the total supply(22,800,000 PDEX). The fully diluted valuation of Polkadex is ₹132.29M. The diluted valuation of Polkadex is ₹132.29M.
Market details
PDEX vs markets
↘ 88.86%
PDEX vs BTC
↘ 90.49%
PDEX vs ETH
↘ 78.34%
Tags
decentralized-exchange-dex-token
defi
polkadot
dex
+1
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xF59ae934f6fe444afC309586cC60a84a0F89Aaea | |
Sora | 0x008a99c642c508f4f718598f32fa9ecbeea854e335312fecdbd298b92de26e21 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹6.60 | ↗ 1.77% |
1 Day | ₹6.50 | ↗ 1.77% |
1 Week | ₹6.24 | ↗ 5.49% |
1 Month | ₹10.16 | ↘ 35.70% |
1 Year | ₹41.15 | ↘ 84.47% |
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 INR currency in real-time. Get the live price of Polkadex on Coinbase.
The current market cap of Polkadex is ₹55.30M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkadex is ₹19,965.85. 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 ₹12.26M.
Assets that have a similar market cap to Polkadex include Kromatika, Everyworld, Cocos-BCX, 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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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.
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