About Decred
Decred is a cryptocurrency that combines two consensus models: proof of work and proof of stake. When new blocks are mined, 60% of the block reward goes to proof of work miners, 30% to proof of stake voters, and 10% to fund development of the protocol. Stakeholders may also vote on changes to the protocol itself.
Get up to $200 for getting started
Sign me up
Trading Insights
Searched
7
Market Stats
Market Cap
S$330.45M
FDV
S$412.13M
Circ. Supply
17M DCR
Max Supply
21M DCR
Total Supply
17M DCR
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
S$3.08M
-29.52%
Volume (7D)
S$32.15M
Volume (30D)
S$118.77M
All time high
S$322.24
Price Change (1Y)
-21.47%
Additional info about Decred
Recent trends
The latest DCR price is S$19.62. Compared to Decred's value of S$19.32 from 24 hours ago, there's been a 2% increase, while the current price is 5% up from S$18.77 which was recorded one week ago. Decred's all time high is S$322.24, which was reached on April 17, 2021. This is a -94% change from its price today.
The current circulating supply of Decred is 16,838,284. This is 80% of its max supply of 21,000,000 DCR and 100% of its total supply of 16,838,284. The market cap is currently S$330.45M, which is a result of multiplying the current price of Decred(S$19.62) by the total supply(16,838,284 DCR). The fully diluted valuation of Decred is S$412.13M. The diluted valuation of Decred is S$412.13M.
Market details
DCR vs markets
↘ 40.48%
DCR vs BTC
↘ 48.18%
DCR vs ETH
↗ 15.72%
Tags
mineable
hybrid-pow-pos
medium-of-exchange
store-of-value
+2
Network & Addresses
Network | Address | |
|---|---|---|
Decred | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | S$19.62 | ↗ 1.65% |
1 Day | S$19.32 | ↗ 1.65% |
1 Week | S$18.77 | ↗ 4.89% |
1 Month | S$17.17 | ↗ 14.79% |
1 Year | S$26.22 | ↘ 21.47% |
FAQ
Decred (DCR) is a blockchain-based platform with a primary focus on community input and open governance. The platform welcomes everyone to participate, join project groups and contribute to development. As per the whitepaper, the platform operates with the hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining process. The hybrid model ensures that a small group does not overpower the flow of transactions or modify Decred without the community's inputs. The protocol aims to facilitate sustainable funding for the development of the cryptocurrency.
Further, DCR is the native utility token of the Decred platform. Decred holders can stake DCR to obtain voting tickets to vote on on-chain decisions. Also, 30% of the block reward goes to holders of the tickets who vote in one particular block. DCR token holders get an opportunity to choose a project by randomly sealing their coins in exchange for tickets in order to gain staking rewards. Listed below are some of the ways a user can acquire Decred (DCR):
Jake Yocom-Piatt is the founder of the Decred platform. The platform went live on February 8, 2016.
We update our Decred to SGD currency in real-time. Get the live price of Decred on Coinbase.
The current market cap of Decred is S$330.45M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Decred is S$322.24. This all-time high is highest price paid for Decred since it was launched.
Over the last 24 hours, the trading volume of Decred is S$3.08M.
Assets that have a similar market cap to Decred include Convex Finance, Frax Share, Peanut the Squirrel, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Decred is 17 million.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
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.
Decred calculator
1 Decred (DCR) to Japanese Yen (JPY)
¥2,205.73
1 Decred (DCR) to Indian Rupee (INR)
₹1,306.17
1 Decred (DCR) to Real (BRL)
R$84.66
1 Decred (DCR) to Nigerian Naira (NGN)
NGN 23,730.13
1 Decred (DCR) to South Korean Won (KRW)
₩20,708.76
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
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.