Polkadot is a network designed to connect many specialized blockchains, called parachains, so they can share security and pass messages to one another. Its token, DOT, is used for staking, governance, and bonding the slots that connect parachains to the main relay chain. The DOT price reflects the number of active parachains, staking participation, governance activity, and broad crypto sentiment. Polkadot's interoperability focus means its value is tied to how much cross-chain building happens on it. The figure on this page is the live USD spot rate from the same feed Coinvertor uses in the app.

Polkadot price FAQ

What are parachains?

Parachains are independent blockchains that plug into Polkadot's main relay chain to share its security and exchange messages with each other.

What is DOT used for?

DOT is staked to secure the network, used to vote on governance, and bonded to connect parachains to Polkadot.

Is this Polkadot price live?

It is read live at build time and then refreshed in your browser, keeping it close to the current market price.

Convert Polkadot to anything, instantly

500+ cryptocurrencies, every world fiat currency, and precious metals, with real-time rates in a single free app.