What is Polkadot?
DOTPolkadot is a network that connects many specialised blockchains (parachains) to a shared security layer.
The tokenDOT is staked to secure the network, used to vote in on-chain governance and pays for blockspace on it.
Supply and what is still to come
How many coins exist, how many can, who holds the part not yet circulating and what the schedule releases.
- Circulating supply
- 1.711 billion DOT
- Total supply
- 1.711 billion DOTin existence, locked or not
- Maximum supply
- 2.100 billion DOTPolkadot's governance capped DOT at 2.1 billion (Referendum 1710, September 2025)
- Issued or unlocked
- 81.5%circulating, of the maximum supply
A year in the market
Measured on the daily closes of our own US dollar price index.
- Return, past year
- −73.5%daily closes
- Volatility, past year
- 78%annualised, daily log returns
- Deepest fall from a peak, past year
- −77.0%daily closes
- Below its all-time high
- −98.4%high of $53.82 on 4 Nov 2021
- Correlation with bitcoin
- 0.62daily returns, past year; 1 is lockstep
- Beta to bitcoin
- 1.11its usual move for a 1% move in bitcoin
Points to check
What our data shows that a holder should know. Each point is a measurement, not a rating.
- Supply still to come
23% more than today's circulating supply can still enter circulation (388.8 million DOT), so the fully diluted value is 1.23x the market cap.
- Supply we cannot count
We do not run a Polkadot node: the supply is the project's or network's published figure, read every hour and labelled as such.
- Price swings
Its daily moves were 1.8x as large as bitcoin's over the past year (volatility 78% against 44%).
- Distance from the high
It trades 98% below its all-time high daily close of $53.82 (4 Nov 2021).
Questions
What is Polkadot?
Polkadot is a network that connects many specialised blockchains (parachains) to a shared security layer.
What is DOT used for?
DOT is staked to secure the network, used to vote in on-chain governance and pays for blockspace on it.
Is Polkadot's supply capped?
Yes: at most 2.100 billion DOT. 81.5% are issued or unlocked so far.
Where is Polkadot traded?
On 11 of the 11 exchanges we read: 9 list spot pairs against the dollar or a dollar stablecoin and 11 list perpetual futures. The token finder lists every pair.
Supply from our own nodes or the project’s published figures, prices from our own indexes, listings from the exchanges’ own instrument lists. Last update