Coins: 10053 Exchanges: 946 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
LIVE
Polkadot price

Polkadot Price (DOT)

$5.92

1.87%
Rank #10

Polkadot Price Chart (DOT/USD)

Last updated 19 Jun 2024, 06:39AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance DOT / USDT $5.14 0.02% $9,564,514
2 Poloniex DOT / USDT $5.14 0.08% $4,861,250
3 Coinstore DOT / USDT $5.14 0.14% $4,448,836
4 WhiteBIT DOT / USDT $5.14 0.04% $3,916,850
5 Digifinex DOT / USDT $5.13 0.01% $3,608,362
6 CoinW DOT / USDT $5.14 0.03% $3,238,645
7 AscendEX (BitMax) DOT / USDT $5.14 0.26% $3,020,839
8 Huobi Global DOT / USDT $5.14 0.03% $2,761,770
9 LBank DOT / USDT $5.14 0.02% $2,628,516
10 P2PB2B DOT / USDT $5.14 0.39% $2,476,172
11 BTSE DOT / USD $5.15 0.20% $2,164,960
12 OKX DOT / USDT $5.14 0.02% $2,008,023
13 Tidex DOT / USDT $5.14 0.06% $1,833,727
14 Coinbase Exchange DOT / USD $5.14 0.04% $1,706,972
15 Gate.io DOT / USDT $5.13 0.01% $1,558,534
16 Upbit DOT / KRW $5.20 0.07% $1,421,601
17 CoinTiger DOT / USDT $7.17 0.20% $1,200,134
18 Binance DOT / BNB $6.37 0.09% $1,105,230
19 BingX DOT / USDT $5.14 0.17% $1,104,423
20 Phemex DOT / USDT $5.13 0.16% $948,982
21 Bybit (Spot) DOT / USDT $5.14 0.06% $901,356
22 Binance DOT / BUSD $5.14 0.04% $867,417
23 KuCoin DOT / USDT $5.14 0.02% $833,778
24 Bitrue DOT / USDC $5.13 0.35% $798,274
25 QMall DOT / USDT $5.14 0.04% $764,667
26 Bitrue DOT / USDT $5.13 0.40% $713,222
27 Kraken DOT / USD $5.14 0.01% $682,195
28 BigONE DOT / USDT $5.14 0.49% $642,746
29 Binance DOT / BTC $5.14 0.11% $582,854
30 XT.COM DOT / USDT $5.14 0.02% $571,918
31 Toobit DOT / USDT $5.25 0.06% $524,109
32 Binance DOT / TRY $6.37 0.17% $482,913
33 Binance DOT / EUR $4.29 0.10% $474,634
34 Bit.com DOT / USDT $6.41 0.47% $473,665
35 Bitget DOT / USDT $5.14 0.02% $457,086
36 Oceanex DOT / BTC $6.10 0.22% $418,213
37 Pointpay DOT / USDT $5.14 0.11% $409,034
38 Kraken DOT / EUR $5.14 0.04% $390,190
39 DIFX DOT / USDT $5.13 0.19% $379,231
40 Dex-Trade DOT / USDT $5.14 0.14% $362,249
41 Oceanex DOT / USDT $6.10 0.03% $337,785
42 Bitexen DOT / TRY $5.18 0.17% $324,483
43 Crypto.com Exchange DOT / USDC $6.63 0.27% $320,910
44 Kraken DOT / USDT $5.13 0.06% $316,534
45 AscendEX (BitMax) DOT / USD $5.14 1.06% $309,900
46 Hotbit DOT / USDT $5.26 1.99% $309,136
47 Bitget DOT / USDC $5.22 0.29% $304,166
48 Binance DOT / ETH $5.79 0.16% $303,468
49 Deepcoin DOT / USDT $5.14 0.08% $294,000
50 Bitrue DOT / BUSD $5.46 0.37% $290,182

DOT Price Statistics

$6
24H Range
$6
  • Polkadot Price Now $6
  • 24h Low / 24h High $6 / $6
  • Trading Volume $290,297,886
  • Market Cap Rank #17
  • Market Cap $8,138,166,127
  • Volume / Market Cap 0.0357
  • All-Time High $55 -89.25%
    Nov 04, 2021
  • All-Time Low $3 119.05%
    Aug 20, 2020


Polkadot: Interoperability and Scalability in Blockchain

Polkadot is a next-generation blockchain protocol that enables different blockchains to interoperate in a shared security model. Founded by Ethereum co-founder Dr. Gavin Wood, Polkadot provides a platform for the development of Web3, the decentralized internet of the future. This article aims to discuss key aspects of Polkadot and its native token, DOT.

What is Polkadot?

Polkadot is a multi-chain platform that allows diverse blockchains to communicate and interact under one roof. The project's goal is to enable the creation of a fully decentralized web where users have total control over their information.

The Structure of Polkadot

Polkadot's structure includes a main network or "Relay Chain," and user-created networks called "Parachains." Parachains are diverse in nature and can be tailored to specific use cases. All parachains share the security provided by the Relay Chain, allowing them to focus on their specific functionality.

Interoperability and Scalability

One of the primary features of Polkadot is interoperability, the ability for different blockchains to interact with each other. This creates a network of blockchains that can transfer any type of data or asset. This level of interoperability also addresses scalability issues, as multiple transactions on different chains can occur simultaneously.

DOT: The Polkadot Token

DOT is the native token of the Polkadot network, serving three distinct purposes: governance over the network, staking, and bonding. DOT holders have privileges in the governance of the network, staking incentivizes holders to behave in the best interest of the network, and bonding is used to add new parachains to the network.

Conclusion

Polkadot represents a significant step forward in blockchain technology, providing a platform for interoperable and scalable networks. As the development of Web3 continues, Polkadot could play a crucial role in creating a more decentralized internet. As with any investment, potential users and investors should conduct thorough research and understand the risks involved.