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 $5.22 billion, Polkadot is the No. 13 cryptocurrency by market size. The currency symbol for Polkadot is DOT. The total supply of Polkadot is 1.35 billion coins.
We found crypto protocols offering up to 148.1% APY on Polkadot deposits (15% APY CeFi, 148.1% APY DeFi) and loans as low as 6.9% APR against Polkadot used as collateral. Check out our Polkadot staking yields table and Polkadot loan rates table 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.
APolkadot is part of the Polkadot, Injective, Bnb Chain and Binance Chain ecosystems.
QIs it possible to stake Polkadot to generate passive income?
AYes, staking is available for Polkadot on a number of platforms. For a full list of Polkadot staking yields see our list of Polkadot staking yields.
QHow much can I earn staking Polkadot?
AYou can earn up to 148.1% APY by staking your Polkadot tokens. Check out our Polkadot staking yields table for further details.
QWhere is the best place to stake Polkadot?
ARight now the best staking rates are on DeFiChain with an income rate of up to 148.1% APY.
QWhat is the difference between CeFi and DeFi staking rates for Polkadot?
AThe best CeFi staking rate that we could find for Polkadot is on Nexo with an income rate of up to 15% APY and the best DeFi staking rate is on DeFiChain with an income rate of up to 148.1% APY.
QIs it a good time to buy Polkadot?
AYou can check the technical indicators for Polkadot on the Polkadot Price Trend tab. These indicators are based on the analysis of multiple trading signals for Polkadot.
QWhere is the best place to buy Polkadot?
AYou can find the cheapest exchange on which to buy Polkadot on the Polkadot Buy tab.
QCan you get a Polkadot loan without collateral?
AAlmost all Polkadot loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Polkadot flash loans which allow you to borrow uncollateralised Polkadot for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Polkadot loans on the Polkadot Loans tab.
QWhich venture capital firms have invested in Polkadot?
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