DOT is the native coin of PolkaDot blockchain. What makes Polkadot special is Parachains. Parachains allow developers to create new, customized, project-based blockchains by using PolkaDot infrastructure. Parachain feature makes PolkaDot very special for Blockchain-based real-life use case solutions. PolkaDot also stands out with fast, and low-cost transactions. PolkaDot ecosystem is growing very fast with its TVL passing one billion USD.
With a total market cap of over $5.89 billion, Polkadot is the No. 11 cryptocurrency by market size. The currency symbol for Polkadot is DOT. The total supply of Polkadot is 1.25 billion. We found savings accounts offering up to 33.5% APY on Polkadot deposits and loans as low as 4.5% APR against Polkadot used as collateral. Check out our Polkadot staking yields table and for further details.
The technical price analysis for Polkadot below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Polkadot.
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