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DOT Price
Polkadot DOT
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What is Polkadot DOT?
Polkadot has been designed to perform transactions more privately and efficiently. It does this by operating two types of blockchains. There is a main network, known as a relay chain, in which transactions are permanent, as well as user-created parachains. The parachains feed into the main blockchain, allowing parachain transactions to inherit the security of the main chain.

Parachains can be customised to suit many different uses. Meant to empower developers to build better solutions, Polkadot makes it easier to connect and create decentralised institutions, services and applications offering inherent value. While the relay chain does not inherently support smart contracts, the parachains can support these.

Polkadot builds on the success of the Ethereum project while introducing unique innovations. Founded by Gavin Wood in 2016, a co-founder of Ethereum, Polkadot has raised approximately $200m across two sales of its DOT cryptocurrency. Track the price of Polkadot (DOT) on eToro today.
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DOT Price

Polkadot Price DOT

$7.330.07(1.01%)(1D)

DOT Price Chart

-17.87%
Past Month
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1W
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*Past performance is not an indication of future results
Asset negative trend

The Polkadot price is on the decline this week.

i
A ‘rising’ price indicates that the weekly price has increased by more than 0.5%.
A price ‘on the decline’ indicates that the weekly price has decreased by more than 0.5%.
A ‘stable’ price indicates that the change in weekly price is between -0.5% and 0.5%.
The Polkadot price today is 7.33, a 1.01% change in the last 24 hours and -9.27% in the past week. Polkadot’s 24-hour trading volume is 369.38M and its current market capitalization is 11.42B. Polkadot price changed by -18.66% in the past year.
Market Cap
i
The total value of a cryptoasset, found by multiplying the price by the total number of coins in circulation.
$11.42B
Day's Range
i
Shows the high and low prices of the day.
6.57 - 7.55
52 Week Range
i
Shows the high and low prices of the last year.
3.53 - 11.74
Volume (1D)
i
A measure of how much of an asset was traded in the last day.
369.38M
Market Rank
i
This crypto’s rank against other crypto by market cap.
18
All time high
i
The highest recorded price of an asset since its launch.
$54.28
All time low
i
The lowest recorded price of an asset since its launch.
$3.5
Price Change YTD
i
The amount the price of an asset has changed in the current calendar year.
-12.09
What Is Polkadot?

Polkadot (DOT) is a cryptocurrency and blockchain platform designed to connect different or unrelated blockchain networks securely and efficiently.

Unlike traditional, single-chain blockchains, Polkadot aims to improve speed and scalability by operating two types of blockchain to spread the processing demand off of the main blockchain.

Key Aspects of Polkadot:

  • Interoperability: Polkadot allows different blockchains to communicate and share information, promoting synergy between various decentralised applications (dApps).
  • Scalability: The use of parachains enables transactions to be processed in parallel, ensuring high throughput and efficient resource utilisation.
  • Shared security model: All parachains benefit from the security provided by Polkadot's Relay Chain, making it robust against attacks.
  • Governance: Polkadot employs on-chain governance, which allows DOT holders to propose and vote on network upgrades and changes.

To learn more about Polkadot, take a look at our “What is Polkadot?” article.

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How can I buy Polkadot ?

To purchase Polkadot:
01

Create an eToro account:

Sign up for an eToro account and verify your identity.
02

Deposit funds:

Deposit funds into your eToro account using your preferred payment method.
03

Search and purchase:

Search the Polkadot (DOT) page and place an order to buy Polkadot.
Buy Polkadot
Looking for more information? Check out our guide on buying Polkadot.
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FAQ

The current price of DOT is 7.33
The market capitalisation of Polkadot is 11.42B
Polkadot's all-time high is 54.28
Polkadot has a 24-hour trading volume of 369.38M
Select the "1D" or "1W" timeframe on the eToro chart and zoom out to see the historical price movements of Polkadot. The price of Polkadot has ranged between 3.53 and 11.74 over the last year.
Polkadot (DOT) is an open-source blockchain that uses a main blockchain - the Relay Chain - alongside many smaller parachains. The parachains help to process transactions, while still allowing them to benefit from the security of the Relay Chain. By sharing security, Polkadot ensures that no individual part of the network is corruptable.
To buy DOT, visit the "Polkadot (DOT)" page. Once you have created an account and deposited funds, click the "Trade" button and decide how much Polkadot you want to purchase. You can also place an order that will buy DOT at a specific price in the future.
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