PolkadotDOT

A network linking many specialised chains to one shared security layer; DOT is used for staking and votes.

Rank #56Since May 2020

Price on 31 Oct 2026

C$1.34 +25.8% since 31 Jul 2026 · 98.0% below its all-time high

The short version

Polkadot is a network that links many specialised chains to one shared security layer; DOT is used for staking, governance and buying blockspace. Gavin Wood founded it, the Swiss Web3 Foundation and Parity Technologies build it, and holders decide spending by on-chain vote. A referendum enacted in March 2026 capped supply at 2.1 billion DOT. On 31 Oct 2026 one DOT cost C$1.34. From 31 Jul 2026 to 31 Oct 2026 its price changed +25.8% in Canadian dollars, and it was 98.0% below its all-time high of C$68.36 set on 4 Nov 2021.^[1]

Checked 31 Oct 2026 · 15 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$4.60 (8 Nov 2025) · low C$1.04 (19 Aug 2026) · -66.7%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$1.34	US$0.9596
30 Sep 2026	C$1.70	US$1.19
31 Aug 2026	C$1.14	US$0.8195
31 Jul 2026	C$1.08	US$0.7680
30 Jun 2026	C$1.17	US$0.8245
31 May 2026	C$1.64	US$1.19
30 Apr 2026	C$1.65	US$1.21
31 Mar 2026	C$1.73	US$1.24
28 Feb 2026	C$2.18	US$1.60
31 Jan 2026	C$2.28	US$1.69
31 Dec 2025	C$2.48	US$1.81
30 Nov 2025	C$3.17	US$2.26

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$1.34^[1]
3-month change: +25.8% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 98.0% below its high of C$68.36 (4 Nov 2021)^[1]
Market rank: #56, market value about C$2.3B^[1]
Kind: Native coin · Polkadot (its own network)
Started: May 2020

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew DOT follow an issuance schedule set by on-chain referendum (Ref 1710)^{[2, 3]}

Can anyone freeze or take coins from holders?YesRoot referendum 1424 force-transferred DOT out of attacked Parallel accounts on 4 Mar 2025^[4]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?Yes2.1B cap enacted by referendum in Mar 2026^{[2, 3]}

Any scheduled unlocks in the next 12 months?NoNo vesting; issuance about 3.3% a year^[3]

Does a team or foundation hold over 10% of supply?Not disclosedWeb3 Foundation kept about 30% of the original allocation; current holdings unpublished^[5]

Do network fees reach coin holders?NoNo burn since Mar 2026; fees go to a Dynamic Allocation Pool^[2]

Main network hacked or halted in the past 2 years?NoNo relay-chain exploit or halt found since Oct 2024^[5]

Is a regulator or court case targeting the coin itself?NoNamed a digital commodity on 17 Mar 2026; no enforcement found^[6]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Web3 Foundation (Zug) and Parity Technologies (London, Berlin); spending decided by on-chain OpenGov votes^{[5, 7]}
Founder: Gavin Wood, an Ethereum co-founder, with Robert Habermeier and Peter Czaban^[5]
Treasury: 32M DOT at the end of Q4 2025, 30.4M after liabilities^[7]

Supply

In circulation: 1.71B DOT of a 2.10B maximum (81.4%)^[1]
Circulating: About 1,718.7M of a 2.1B cap (81.8%)^[8]
Cap: 2.1B DOT cap set by referendum 1710, enacted Mar 2026^{[2, 3]}
New coins: About 56.9M DOT a year (3.3%) until the next step-down in Mar 2028^[3]

Use and fees

Main use: Staking, governance and buying blockspace (coretime) for connected chains^{[9, 10]}
Network fees: Relay-chain fees of US$5,746 in the past year; US$68.0M of stablecoins^[11]
Who gets fees: No burn since Ref 1710; fees go to a Dynamic Allocation Pool^[2]

Trading

Daily trading: About C$209.4M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 7.94% of its market value changes hands each day^[1]
20-week average: 0.1% above its 20-week average price^[1]
1-year change: -67.1% in C$^[1]^[12]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later^[13]

Typical result: Median -25% after a year; 45% higher after two years
Lost half or more: 38% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found

Red flag: On 4 Mar 2025 a passed Root referendum (Ref 1424) force-transferred DOT out of six Parallel staking accounts an attacker had taken over, showing governance can move holders' coins.^[4]

By 23 Oct 2026, 99.986% of DOT had moved from the relay chain to Asset Hub, where staking now runs.^[9]
Grayscale withdrew its Polkadot ETF registration on 7 Aug 2026; 21Shares' TDOT, listed 6 Mar 2026, held about US$8.0M on 21 Aug.^{[14, 15]}
JAM, the planned successor to the relay chain, had no mainnet date as of 31 Oct 2026.^[10]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.