The supply of Polkadot (DOT) tokens currently has a circulating supply of 1.5 billion (B) tokens, which is equivalent to its total supply of 1.5 billion (B) tokens. This indicates that all tokens created are currently in circulation within the market.
Polkadot (DOT) is a decentralized platform designed to enhance the interoperability and scalability of the blockchain ecosystem. It achieves this by facilitating the transfer of various types of data between different blockchains.
Polkadot Token Supply Overview
Understanding the supply metrics of Polkadot provides insight into the token's distribution. The current figures indicate a fully circulating supply.
| Supply Type | Amount (Tokens) |
|---|---|
| Circulating Supply | 1,500,000,000 (1.5B) |
| Total Supply | 1,500,000,000 (1.5B) |
This direct relationship between circulating and total supply provides a clear picture of the tokens available for trading and use within the Polkadot network.
About Polkadot (DOT)
Polkadot stands out in the blockchain landscape due to its innovative architecture and core objectives:
- Interoperability: It enables different blockchains, often referred to as "parachains," to connect and communicate with each other. This facilitates the seamless exchange of data and assets, fostering a more connected and efficient blockchain environment.
- Scalability: By allowing multiple transactions to be processed in parallel across its parachains, Polkadot aims to overcome the throughput limitations commonly associated with many single-chain blockchain networks.
- Decentralization: The platform is governed by its token holders, allowing the community to vote on network upgrades and changes, ensuring a truly decentralized and evolving ecosystem.
Polkadot's design seeks to address some of the most critical challenges facing blockchain technology, paving the way for advanced decentralized applications that can leverage the strengths of various specialized blockchains. For more detailed information and live market data on Polkadot, you can refer to The Block's Polkadot Price Index.
