Polkadot Logo

Polkadot DOT

Polkadot header image

1. Summary

Ranks

Liquidity
27
Developer
99
Social
100
Momentum (beta)
92
Stack Rank™
75
Price
$5.58 -2.7%
Market Cap
$8.01B (#16)
Supply
1.44B / 1.52B
Tags
Smart Contracts Polkadot Ecosystem Asset-backed Tokens Smart Contracts Polkadot Ecosystem Layer 1 Layer 1 (L1) Платформа смарт-контрактов Уровень 1 (L1) 智能合约平台
More Metrics
Price
52W High price $11.46
52W High date 15th Mar 2024 (8 months ago)
All Time High (ATH) Date 4th Nov 2021 (3 years ago)
ATH Price $54.98
% From ATH -89.83%
All Time Low (ATL) Date 20th Aug 2020 (4 years ago)
ATL Price $2.70
% From ATL 107.19%
Supply & Trading Volume
Trading Volume (24h) $734.72M
Total Supply 1.52B
Circulating Supply 1.44B
Less Metrics
Description

Polkadot is defined as a multi-chain network with the primary goal to connect different, specialized blockchains into one unified network. The blockchains that connect with Polkadot work in parallel as parachains. This in turn allows them to access the Polkadot network’s proof-of-stake validation of transactions as well as security.

Read More

Polkadot is defined as a multi-chain network with the primary goal to connect different, specialized blockchains into one unified network. The blockchains that connect with Polkadot work in parallel as parachains. This in turn allows them to access the Polkadot network’s proof-of-stake validation of transactions as well as security.

The network features a relay chain, where transaction addresses are checked and the data is standardized so that every system is able to understand it. The blockchains that do connect to Polkadot can use their own PoS mechanism and decide when and how to update their code and run the dApps or tokens that they choose to.

The DOT Token Explained

DOT is the internal token of the entirety of the Polkadot network which allows holders to vote on potential code changes, which automatically upgrade across the network when consensus is reached.

There is a total of three main purposes when it comes to the usage of DOT tokens on the Polkadot network:

Governance: The holders of the token have control over the protocol, and can manage things such as determining fee structures, protocol changes, and parachain additions or removals.

Operations: DOT token holders need to actively participate and ensure that they maintain the consensus mechanism, or they will be punished for not doing so.

Bonding: Validators will need to stake DOT tokens to the new parachains and receive active participation rewards as a result.

Features of Polkadot

When it comes to the structure of Polkadot, you have the following concepts:

  • The Relay Chain – this is the chain that connects all of the individual chains into one, and they can organically solve interoperability issues between the connected chains.

  • The Parachains – these are the parallelized chains that run through the entirety of the Polkadot network, and these can help scale up the system as a result of their parallelizing.

  • The Parathread – these are quite similar to parachains, however, they have flexible connectivity which is based on an economical pay-as-you-go model.

  • The Bridge Chain – through this bridge chain, different blockchains can be connected that do not use the Polkadot governance protocol.

As such, Polkadot is this sharded multichain network that can process many transactions on several chains in parallel. Custom blockchains can also easily be developed through the Substrate framework and can be connected to Polkadot in just a few minutes. Polkadot also features a user-driven governance system that helps secure it.

Founders of Polkadot (DOT)

Polkadot was founded by the Web3 Foundation, and the founders are Dr. Gavin Wood, Robert Habermeier, and Peter Czaban.

Gavin Wood fills the role of the president at the Web3 Foundation and is known due to his industry influence as an Ethereum co-founder, as well as for being the founder of Parity Technologies and creating the smart contract coding language known as Solidity.

Robert Habermeier is a blockchain and cryptography researcher as well as a developer.

Peter Czaban is the Technology Director at Web3 and has experience in fintech industries.

Show Less
2. Price

DOT

Track all markets on TradingView
2.1. Market Performance

How does Polkadot's (DOT) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

26.9%

DOT

39.4%

Similar Market Cap

60 Day Return

25.9%

DOT

51.9%

Similar Market Cap

1 Year Return

6.1%

DOT

359.3%

Similar Market Cap

3. Developer Activity

We're monitoring 731 Polkadot GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Polkadot Repos)

Commits vs. The Market

  • Past 4 weeks: 1,174 commits vs. an average of 1
  • Past 12 weeks: 4,162 commits vs. an average of 8
  • Past year: 17,123 commits vs. an average of 114

Most Active Repos

Llvm Wasm Codesize
Past week 0
Past 12 weeks 0
Past year 7763
Rustc Codesize Min
Past week 0
Past 12 weeks 0
Past year 4930
Docsearch Configs

Forked from algolia/docsearch-configs

Past week 0
Past 12 weeks 261
Past year 1777
Polkadot
Past week 97
Past 12 weeks 275
Past year 1204
1k Validators Be
Past week 22
Past 12 weeks 199
Past year 1182
Substrate
Past week 86
Past 12 weeks 241
Past year 1176

Top Developers 2024

In total, 3008 developers have contributed to Polkadot over the past year. Who are the most active Polkadot developers, by commits, over the past year?

dependabot[bot]

Commits: 3,846

rossbulat

Commits: 1,926

tomaka

Commits: 1,329

cmichi

Commits: 990

wpank

Commits: 886

achimcc

Commits: 774

lamafab

Commits: 727

wirednkod

Commits: 679

devops-parity

Commits: 660

ironoa

Commits: 651

jeluard

Commits: 639

bkchr

Commits: 631

dependabot[bot]

Commits: 3,846

rossbulat

Commits: 1,926

tomaka

Commits: 1,329

cmichi

Commits: 990

wpank

Commits: 886

achimcc

Commits: 774

lamafab

Commits: 727

wirednkod

Commits: 679

devops-parity

Commits: 660

ironoa

Commits: 651

jeluard

Commits: 639

bkchr

Commits: 631

joao-paulo-parity

Commits: 606

koute

Commits: 535

Noc2

Commits: 522

shortcuts

Commits: 488

TarikGul

Commits: 374

bjorn3

Commits: 361

hamidra

Commits: 352

josepot

Commits: 347

RKSimon

Commits: 346

drahnr

Commits: 325

kianenigma

Commits: 322

topperc

Commits: 314

harrysolovay

Commits: 309

alvicsam

Commits: 299

jsdw

Commits: 297

statictype

Commits: 288

MaskRay

Commits: 288

GuillaumeGomez

Commits: 283

LebedevRI

Commits: 274

raoulmillais

Commits: 262

shawntabrizi

Commits: 258

adoerr

Commits: 258

ordian

Commits: 256

athei

Commits: 252

chevdor

Commits: 250

Nexus2k

Commits: 241

svyatonik

Commits: 238

jyn514

Commits: 238

alxs

Commits: 236

thought2

Commits: 234

ggwpez

Commits: 231

DannyS03

Commits: 231

niklasad1

Commits: 228

Show More Show Less

Related Projects

Developers working on Polkadot also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 40,956
Active Reddit Users (past 24h) 32
Discord users 14
Active Discord Users 2
Telegram Users 26,381
Twitter followers 2M
5. News
More News Less News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://polkadot.network/
Explorer http://polkascan.io/
Twitter @Polkadot
reddit /r/dot
Whitepaper https://polkadot.network/PolkaDotPaper.pdf

Has Polkadot been audited for security?

No security audits found for this project.

Are you the owner of Polkadot? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.