Polkadex (PDEX) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Polkadex Price (PDEX)
Market stats
Polkadex is on the decline this week. ↘
The price of Polkadex has decreased by 1.50% in the last hour and decreased by 8.29% in the past 24 hours. Polkadex’s price has also fallen by 12.42% in the past week. The current price is $0.11 per PDEX with a 24-hour trading volume of $134.82K. Currently, Polkadex is valued at 99.95% below its all time high of $230.55. This all-time high was the highest price paid for Polkadex since its launch.
The current circulating supply of Polkadex is 8,360,000 PDEX which means that Polkadex has as total market cap of 8,360,000.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$994,556.85
Volume (24h)
$134,820.56
Circulating
8.4M PDEX
All time high
$230.55
Price change
1 hour
↘ 1.5%
1 day
↘ 8.29%
1 week
↘ 12.42%
2 weeks
↘ 5.52%
1 month
↘ 2.21%
1 year
↘ 87.16%
1 year benchmarks
Performance
↘ 88.14%
Vs. Market
↘ 93.91%
Vs. BTC
↘ 94.43%
Vs. ETH
↘ 91.7%
About Polkadex
FAQ
Polkadex is a decentralized peer-to-peer (P2P) cryptocurrency exchange for the DeFi ecosystem. The DEX was created on Substrate and is based on an order book (list of trade orders). Substrate refers to a blockchain technology, particularly, a framework for creating customized blockchains. Thus, the Polkadex orderbook is a hybrid crypto-exchange supported by Web3 (internet version). The entire trading platform operates on the Substrate framework and combines the Automated Market Maker (AMM) model common in several DEXs, with an orderbook model utilized by centralized exchanges. Automated market makers (AMM) are part of decentralized exchanges introduced for removing any intermediaries while trading cryptocurrencies.
The mission of Polkadex is to merge the characteristics of cryptocurrency exchanges and user experience with the benefits of decentralized safety and security. Polkadex was created for attaining this mission with innovative ideas focusing on key areas such as liquidity, custody of assets, the execution speed of trades, and customer areas.
Further, Polkadex aims towards developing a decentralized network utilizing the Substrate framework, focusing on resolving the interface issue by introducing a centralized trading experience. The Substrate framework supports the development of composable, interoperable, and application-specific blockchains without any complexities related to block consensus (transaction verification) and production.
Moreover, to resolve the issue of low liquidity, Polkadex links AMMs to the trading engine directly. The auto market makers operate as on-chain market-making bots. Bots are implemented by traders to facilitate trade automatically in the cryptocurrency markets. If any trade is unable to match against the Polkadex orderbook, the engine instructs on-chain trading bots to try matching the order. The trades are executed successfully only when on-chain bots provide a better price.
We update our Polkadex to USD currency in real-time. Get the live price of Polkadex on Coinbase.
The current market cap of Polkadex is $994.56K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkadex is $230.55. This all-time high is highest price paid for Polkadex since it was launched.
Over the last 24 hours, the trading volume of Polkadex is $134.82K.
Assets that have a similar market cap to Polkadex include SquidGrow, Shina Inu, Mozaic, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polkadex is 8.4 million.
Polkadex Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.11 | -10.34% |
24 hours ago (December 22, 2024) | $0.13 | -8.29% |
1 week ago (December 16, 2024) | $0.14 | -12.42% |
1 month ago (November 23, 2024) | $0.12 | -2.21% |
1 year ago | $0.96 | -87.16% |
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