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Polkadot

Polkadot DOT

Coin
Polkadot Price (DOT)
$6.22
4.94% Buy DOT

0.0040 ETH

0.0003 BTC

Low: $6.14
High: $6.54
24h
Market Cap
$7,165,525,245
4.94%
Fully Diluted Market Cap
$7,948,690,011
4.94%
Volume
24h
$242,448,344
23.06%
Volume / Market Cap
0.0338
Circulating Supply
1,152,159,192 DOT
Max Supply
--
Total Supply
1,278,582,862
Polkadot DOT
Price: $6.22
4.94% Buy DOT

Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

Learn this metric

The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

Learn this metric

Verified Data

Polkadot project's Circulating Supply has been verified and is equal to:

Circulating Supply

1,152,159,192 DOT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric

The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
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Current price of Polkadot is $6.22

Polkadot (DOT) Social Signals & Traffic Tracker
Polkadot twitter
Twitter Stats
Visit Twitter

Followers

1.39M

0.15%

Joined at Jul 15, 2013

Following

1

0.00%

Tweet count

5,589

0.81%

Polkadot reddit
Reddit Stats
Visit Reddit

Subscribers

40.67K

0.01%

Joined at Mar 06, 2010

Subreddit type

public

Moderators

6

0.00%

Polkadot telegram
Telegram Stats
Visit Telegram

Members

29.07K

0.62%

Title

Polkadot (Read-only)

Polkadot traffic
Website Traffic
Visit Website

Website Rating (DR)

79 / 100

0.00%

Ahrefs Rank

15,502

3.77%

Organic Traffic (mo.)

37,559

34.39%

Polkadot github
GitHub Organization
Visit GitHub

Public repos

431

Created at Sep 08, 2015

Type

Organization

Polkadot github
GitHub Public Repository
Visit GitHub

Stars

6.53K

0.32%

Watchers

478

0.21%

Forks

1,456

0.41%

Language

Rust

Project's main Github metrics, like how many public repositories it has, the type of the account (organization or personal), and when was the GitHub account created. Stats are updated weekly.

Project's main GitHub public repository metrics, like the number of stars, watchers, forks, and the programming language used. Stats are updated weekly. If the project doesn't have a public repository, and only a private one, its metrics will not appear here.

Project's main Telegram metrics, like channel title & member count. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly.

Project's main Twitter metrics, like Follower count, how many accounts they are following, and how many Tweets the account has posted to date. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can see the Project's Twitter feed.

Project's main Reddit metrics, like Subreddit subscriber count, community type (public, restricted, private, premium-only), and the number of Subreddit moderators. The graph shows the dynamics of these metrics throughout recent months. Stats are updated weekly. Below, you can also find Project Subreddit's most trending topics, updated daily.

Project's main Website traffic metrics, like Website Domain Authority, Ahrefs rank, and monthly Organic Traffic. The graph shows the dynamics of these metrics throughout recent months. Stats are updated monthly.

Followers: 1,395,434

Subscribers: 40,676

Members: 29,078

Stars: 6,537

Polkadot Price Statistics

Polkadot Price
$6.22
Price Change 24h
-$0.3072
4.94%
24h Low / 24h High
$6.14 /
$6.54
All Time High
Nov 04, 2021 (1 year 2 months ago)
$55.00
88.69%
All Time Low
Dec 11, 2022 (1 month 2 weeks ago)
$2.10
195.80%
Trading Volume 24h
$242,448,344
23.06%
Volume / Market Cap
0.0338
Market Dominance
0.67%
Market Rank
#12
Market Cap
$7,165,525,245
4.94%
Fully Diluted Market Cap
$7,948,690,011
4.94%

Live DOT Price Analysis

The current real time Polkadot price is $6.22, and its trading volume is $242,448,344 in the last 24 hours. DOT price has plummeted by 4.94% in the last day, and decreased by 6.02% in the last 7 days. It’s important to note that current Polkadot market capitalization is $7,165,525,245, Talking about circulating supply, DOT has 1,152,159,192 coins. Currently, Polkadot rank on the market is #12.

Polkadot price today is 88.69% below all time high, and it is 195.80% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DOT are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is Polkadot (DOT)?

Polkadot is an open-source blockchain and a Layer 0 meta protocol. It was created with the purpose of uniting different blockchains. However, in the grand scheme of things, it aims to provide a foundational network for the development of Web3. DOT is the native token of the Polkadot network. If you’re interested in the Polkadot price, check out the graph above.

Essentially, Polkadot is referred to as a “blockchain of blockchains.” It connects specialized blockchains into one scalable network. By doing that, Polkadot allows users to transfer any type of data or assets across multiple networks. These networks include oracles, permissionless networks, as well as public and private blockchains.

Since Polkadot is a Layer 0 protocol, it means that Polkadot lies beneath other blockchains. This allows the network to autonomously update its own codebase without creating any forks. Of course, the community must first propose and decide on these updates.

Keep in mind that the DOT price, like many other cryptocurrencies, tends to fluctuate. Therefore, before making any purchase decisions, make sure to monitor the project's price charts.

The Story of Polkadot Network

Polkadot surely has an interesting story. Some people tend to relate it with Ethereum saying that Polkadot uses Ethereum to complete operations. Even though it has some relation to Ethereum, what you read in the previous sentence is not true.

The creator of Polkadot is Gavin Wood. If you’re not a newbie in the crypto world, you know that he was the CTO of Ethereum (thus the relation to Ethereum). Robert Habermeier and Peter Czaban are the other two co-founders of the project.

The first version of Polkadot was released in 2019 as a canary network called Kusama. The network was unaudited. Though in 2020, the genesis block of Polkadot was released. Now, Kusama is like a dedicated space in the Polkadot network that acts as a testnet, which allows developers to test various updates.

The Structure of Polkadot Network

On the surface, Polkadot appears to be a standard blockchain. However, if we looked deeper, it consists of four parts – Relay Chain, parachains, parathreads, and bridges.

The Relay Chain is the core of Polkadot. It revolves around consensus creation, interoperability, and shared security. Parachains, on the other hand, are the individual chains that are connected by the Polkadot network. Each parachain can have its own token and utility. 

Parathreads are also something like parachains, however, they are based on a pay-as-you-go economical model. Parachains and parathreads are connected by bridges. Besides acting as links between parachains and parathreads, bridges also allow them to interact with external blockchains.

Additionally, when talking about structure, it’s important to mention that Polkadot employs the nominated Proof-of-Stake (NPoS) mechanism. The mechanism consists of nominators and validators. This is essentially what makes the Polkadot network secure.

Validators are the ones that secure the network by staking Polkadot tokens and confirming transactions. Nominators also stake their DOT tokens but they do that to back the validators.

Besides, the Polkadot treasury is another thing that keeps the network secure. Basically, every time tokens are traded within the network, a part of the trading fee goes to the treasury. It can then be used to improve the network.

The Main Features of Polkadot Network

The Polkadot network can have many labels as a network. However, these are among the main ones:

  • Community-driven network. One of the features of the Polkadot crypto asset is that it grants governance rights to its holders. Thus, Polkadot users can contribute to various changes and upgrades of the Polkadot network;
  • Sharded multi-chain network. This feature is related to the scalability of Polkadot. It allows the blockchain to process multiple transactions across different blockchains at the same time;
  • Highly versatile and adaptable network. The Polkadot network can be upgraded without creating a fork. Besides, the network allows users to easily share information and functionality with one another.

What About the DOT Token?

Now that you know the essence of the Polkadot network, let’s get back to its token. For starters, note that the DOT token is inflationary. This means that its supply is not fixed.

Initially, Polkadot coins were minted on Ethereum (again, the connection to Ethereum) during the first ICO. At that time, 10 million DOT tokens were issued out of which 5 million were sold generating $145 million.

As mentioned above, just like with most crypto assets on the market, the Polkadot price is pretty volatile. This means that the DOT price is affected by various factors that affect the whole market.

When it comes to the usage of the Polkadot token, it can be used in three ways:

  • For staking. By staking DOT tokens users get rewarded and contribute to the security of the network;
  • For bonding. By bonding DOT tokens, new parachains are added to the network. Thus, by removing the tokens, the outdated parachains can be removed as well;
  • As a governance token. Holders of DOT tokens have the ability to participate in the decision-making processes of the Polkadot network.

What's Polkadot trading volume in the last 24 hours?

DOT has a trading volume of $242,448,344 in the last 24 hours.

What's Polkadot highest price ever?

DOT has a highest price of $55.00, which was reached on Nov 04, 2021 (1 year 2 months ago).

What's Polkadot lowest price ever?

DOT has a lowest price of $2.10, which was reached on Dec 11, 2022 (1 month 2 weeks ago).

What are the best exchanges for buying and selling DOT?

Currently, the most active and dominating exchanges for buying and selling Polkadot are Binance, Kraken & Kucoin. The most popular Polkadot trading pairs are DOT/USDT (on Binance ), DOT/BUSD (on Binance ), DOT/USD (on Coinbase ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping DOT?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Polkadot. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

Pages Related to Polkadot

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Current market Price of a specific cryptocurrency.

Learn this metric

The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

Learn this metric

The highest historical cryptocurrency value.

Learn this metric

The lowest historical cryptocurrency value.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

Learn this metric

The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

Learn this metric

The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

Learn this metric

Verified Data

Polkadot project's Circulating Supply has been verified and is equal to:

Circulating Supply

1,152,159,192 DOT

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric

The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

Learn this metric
Share it with your friends

Current price of Polkadot is $6.22

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