Coin list | DOT
DOT Polkadot

DOT is the native token of Polkadot, launched in 2020 on its own blockchain, designed to enable interoperability and scalability across multiple blockchains.

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Price change DOT
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Currency Polkadot

  • Full Name: Polkadot (DOT)

  • Launch Year: May 2020 (mainnet release)

  • Creator: Dr. Gavin Wood, co-founder of Ethereum and creator of Solidity

  • Blockchain: Polkadot Blockchain (independent)

  • Key Features:

    • Built to connect multiple blockchains and enable interoperability

    • Multi-chain architecture with Relay Chain (main chain) and Parachains (side chains)

    • Consensus mechanism: Nominated Proof of Stake (NPoS)

    • Total supply around 1 billion DOT (after redenomination in 2020)

  • Use Cases:

    • Governance: DOT holders participate in network decisions

    • Staking: Securing the network and earning rewards

    • Bonding: Locking DOT to add new parachains to the ecosystem

    • Supporting DeFi projects and dApps built on Polkadot

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