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Polkadot DOT |
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$6.47 |
-3.08% (24h) |
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Marketcap |
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$9,977,450,029 |
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Volume 24h |
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$207,542,593 |
Description
Polkadot (DOT) is a scalable, interoperable blockchain platform that connects multiple specialized blockchains into one unified network. Launched in 2020, Polkadot enables the transfer of data and assets across different blockchains, providing a foundation for the decentralized web. DOT, the platform's native token, is used for governance, staking, and bonding in the network's parachain auctions. Polkadot aims to solve the challenges of scalability, interoperability, and security in the blockchain space, making it a key player in the next generation of blockchain technology.