Polkadot
DOT Price
How is the price of Polkadot (DOT) calculated?
The price of Polkadot (DOT) is calculated in real-time by aggregating the latest data across 142 exchanges and 288 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko.
Polkadot Price Chart (DOT)
| 1h | 24h | 7d | 14d | 30d | 1y |
|---|---|---|---|---|---|
| 0.6% | 0.7% | 11.1% | 8.6% | 19.9% | 53.1% |
DOT Converter
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Market Cap
Market Cap = Current Price x Circulating Supply
Refers to the total market value of a cryptocurrency’s circulating supply. It is similar to the stock market’s measurement of multiplying price per share by shares readily available in the market (not held & locked by insiders, governments) Read More |
$6,249,367,200 |
|---|---|
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Fully Diluted Valuation
Fully Diluted Valuation (FDV) = Current Price x Total Supply
Fully Diluted Valuation (FDV) is the theoretical market capitalization of a coin if the entirety of its supply is in circulation, based on its current market price. The FDV value is theoretical as increasing the circulating supply of a coin may impact its market price. Also depending on the tokenomics, emission schedule or lock-up period of a coin's supply, it may take a significant time before its entire supply is released into circulation. Learn more about FDV here. |
$6,249,367,200 |
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24 Hour Trading Vol
A measure of a cryptocurrency trading volume across all tracked platforms in the last 24 hours. This is tracked on a rolling 24-hour basis with no open/closing times.
Read More |
$160,359,688 |
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Circulating Supply
The amount of coins that are circulating in the market and are tradeable by the public. It is comparable to looking at shares readily available in the market (not held & locked by insiders, governments).
Read More |
1,522,267,060 |
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Total Supply
The amount of coins that have already been created, minus any coins that have been burned (removed from circulation). It is comparable to outstanding shares in the stock market.
Total Supply = Onchain supply - burned tokens |
1,522,267,060 |
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Max Supply
The maximum number of coins coded to exist in the lifetime of the cryptocurrency. It is comparable to the maximum number of issuable shares in the stock market.
Max Supply = Theoretical maximum as coded |
∞ |
DOT Historical Price
| 24h Range | $4.07 – $4.27 |
|---|---|
| 7d Range | $3.96 – $4.75 |
| All-Time High |
$54.98
92.5%
Nov 04, 2021 (over 3 years)
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| All-Time Low |
$2.70
52.2%
Aug 20, 2020 (over 4 years)
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How do you feel about DOT today?
What is Polkadot?
Polkadot is a Layer-0 open-source blockchain platform and cryptocurrency that allows multiple blockchains to connect and operate within itself. It allows protocols and blockchain to share their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.
Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria.
Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin, and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.
Who founded Polkadot?
Gavin Wood, Robert Habermeier, and Peter Czaban founded Polkadot, Web3 Foundation's flagship protocol. Wood is a prominent figure in the blockchain industry, having co-founded Ethereum and Solidity. Habermeier was a Thiel Fellow with a background in blockchains and cryptography, while Czaban brings experience in fintech.
How does Polkadot work?
Polkadot’s architecture includes a central Relay Chain with non-native blockchains running on top of the network called Parachains. The Relay Chain handles the network’s security, consensus, and interoperability, secured using a Nominated Proof-of-Stake (NPoS) consensus model. Many parachains are written using the Polkadot Runtime Environment SDK, which allows developers to create their own parachains to operate on the Polkadot network.
There are many types of parachains each specialised for its own uses cases, such as:
- System parachains, which uses Polkadot’s native token, DOT
- Bridge parachains to connect to external network like Kusama, Polkadot’s Canary Network
- Smart contract parachains for hosting EVM dApps.
Polkadot 2.0
In Polkadot 2.0, Polkadot will migrate from a chain-focused ecosystem to an application-focused ecosystem. This means instead of owning an execution core at all times, each parachain will need to reserve and purchase blockspace based on their needs. The coretime marketplace model is expected to lower the entry barriers for developers.
What is the DOT token?
As Polkadot’s native token, DOT holders have governance rights to guide the operations of Polkadot DAO. They can also contribute to the network’s security through staking. New parachains are added by bidding DOT tokens through auctions. In the Polkadot 2.0 update, DOT tokens can be used to buy coretime.
Where can you buy Polkadot?
DOT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Polkadot is Binance, where the most active trading pair DOT/USDT has a trading volume of $19,060,327 in the last 24 hours. Other popular options include P2B and Gate.io.
What is the daily trading volume of Polkadot (DOT)?
The trading volume of Polkadot (DOT) is $160,380,236 in the last 24 hours, representing a 3.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.
What is the highest and lowest price for Polkadot (DOT)?
Polkadot (DOT) reached an all-time high of $54.98 and an all-time low of $2.70. It’s now trading 92.53% below that peak and 52.17% above its lowest price.
What is the market cap of Polkadot (DOT)?
Market capitalization of Polkadot (DOT) is $6,249,367,200 and is ranked #24 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of DOT tokens (1.5 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Polkadot (DOT)?
The fully diluted valuation (FDV) of Polkadot (DOT) is $6,249,367,200. This is a statistical representation of the maximum market cap, assuming total number of 1.5 Billion ETH tokens are in circulation today.
How does the price performance of Polkadot compare against its peers?
With a price decline of -11.10% in the last 7 days, Polkadot (DOT) is underperforming the global cryptocurrency market which is down -3.90%, while underperforming when compared to similar Coinbase 50 Index cryptocurrencies which are up 0.00%.
Polkadot Markets
| # | Exchange | Pair | Price | Spread | +2% Depth | -2% Depth | 24h Volume | Volume % | Last Updated | Trust Score | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
CEX
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$4.09 | 0.02% | $624,331 | $750,388 | $19,199,140 | 11.96% |
Recently
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| 2 |
CEX
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$4.11 | 0.02% | $166,902 | $167,168 | $8,053,349 | 5.02% |
Recently
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| 3 |
CEX
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$4.11 | 0.04% | $74,545 | $97,362 | $12,248,875 | 7.63% |
Recently
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| 4 |
CEX
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$4.11 | 0.02% | $678,820 | $527,202 | $6,431,380 | 4.01% |
Recently
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| 5 |
CEX
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$4.11 | 0.01% | $105,390 | $186,885 | $2,848,212 | 1.77% |
Recently
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| 6 |
CEX
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$4.11 | 0.02% | $319,181 | $493,866 | $5,204,935 | 3.24% |
Recently
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| 7 |
CEX
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$4.11 | 0.02% | $453,928 | $671,688 | $3,924,316 | 2.44% |
Recently
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| 8 |
CEX
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$4.11 | 0.02% | $740,920 | $783,360 | $4,451,148 | 2.77% |
Recently
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| 9 |
CEX
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$4.11 | 0.02% | $172,220 | $200,983 | $5,040,261 | 3.14% |
Recently
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| 10 |
CEX
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$4.11 | 0.02% | $185,898 | $148,826 | $2,530,734 | 1.58% |
Recently
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