About Polkamarkets
Polkamarkets is a DeFi-Powered Prediction Market built for cross-chain information exchange and trading, where users take positions on outcomes of real world events–in a decentralized and interoperable platform on Polkadot. Users can monetise their forecasts of future outcomes and events within an interoperable and decentralized infrastructure, where your beliefs become assets with financial value traded openly on the market. Buy & Sell fractions of event outcomes, or even create your own events where others can take their own positions. Participate & Provide Liquidity to Earn.
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Market Stats
Market Cap
$716,183.03
8.89%
FDV
$716,193.31
Circulating Supply
99,998,565.017 POLK
Max Supply
100,000,000 POLK
Total Supply
100,000,000 POLK
Total Value Locked
$12,411.66
Diluted Valuation
$718,736.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$126,450.82
-0.1%
Volume (7D)
$945,210.54
Volume (30D)
$4,007,779.27
All time high
$4.15
Overall Price Change (1Y)
-0.75%
Additional info about Polkamarkets
Recent trends
The price of Polkamarkets has increased by 1.27% in the last hour and increased by 8.51% in the past 24 hours. Polkamarkets’s price has also risen by 10.79% in the past week. The current price is $0.0071 per POLK with a 24-hour trading volume of $126.45K. Currently, Polkamarkets is valued at 99.83% below its all time high of $4.15. This all-time high was the highest price paid for Polkamarkets since its launch. The current circulating supply of Polkamarkets is 99,998,565.017 POLK which means that Polkamarkets has as total market cap of $716,183.03.
Market details
POLK vs markets
↘ 81.04%
POLK vs BTC
↘ 84.33%
POLK vs ETH
↘ 59.28%
Tags
defi
prediction-markets
polkadot
polkastarter
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xD478161C952357F05f0292B56012Cd8457F1cfbF |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0071 | ↗ 8.51% |
1 Day | $0.0066 | ↗ 8.51% |
1 Week | $0.0065 | ↗ 10.79% |
1 Month | $0.0072 | ↘ 0.10% |
1 Year | $0.0291 | ↘ 75.39% |
FAQ
Polkamarkets is a decentralized finance platform. According to its whitepaper, Polkamarkets is a Polkadot-powered prediction market. According to the platform’s website, Polkamarkets is an autonomous prediction market that is built as a multiple blockchain information exchange platform. The users on the platform can take part in real-world events and earn incentives.
There is a space for prediction markets between decentralized finance and information exchange that is yet to be explored. A prediction market is a place where users and traders can leverage their past, present, and future knowledge to forecast a specific event or an outcome based on a real-world incident. According to the whitepaper, the existing prediction markets suffer from key problems such as lack of liquidity and markets, lack of traders, and confusing and duplicate needs. The platform aims to solve the issues by incentivizing such liquidity providers and traders to take a prominent position in the market. The platform also seeks to maintain a system for curation and resolution that intends to ensure efficient and trustworthy markets.
The users can participate in real-life events like e-sports, the future of a cryptocurrency, political events, and much more. Users can take part by forecasting the result and earning incentives. Such users can also create their events and let other users participate. The platform also supports live streaming of esports events and the crypto price market. A user can also participate in the live chat or in the virtual event in an online community. The platform also supports NFT technology and provides badges for achievement to access the exclusive marketplace.
POLK is the native cryptocurrency of the Polka markets platform. Users can earn POLK in various ways. A user can earn POLK by providing liquidity to the Polka markets. The trading fees on the polka markets are provided to the liquidity providers. Users can also mine POLK, which seeks to be introduced soon.
The platform got launched during the first and second quarters of 2021. Primarily, the platform was found on the Ethereum network. The platform shifted from Ethereum to the Polkadot blockchain. The team includes Ricardo Marques (CEO), Francisco Lourenco (CMO), and Henrique Caiano (product advisor). The total supply of POLK tokens is one hundred million coins.
We update our Polkamarkets to USD currency in real-time. Get the live price of Polkamarkets on Coinbase.
The current market cap of Polkamarkets is $716.18K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Polkamarkets is $4.15. This all-time high is highest price paid for Polkamarkets since it was launched.
Over the last 24 hours, the trading volume of Polkamarkets is $126.45K.
Assets that have a similar market cap to Polkamarkets include Dentacoin, Niza Global, Ooki Protocol, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Polkamarkets is 100 million.
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Social stats
Popularity in posts
#3838
Contributors
34
Posts
63
% About Polkamarkets
0.004%
Hold times
0 days
X (Twitter)
61.54% bullish
Sentiment
4.0 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
34 unique individuals are talking about Polkamarkets and it is ranked #3,838 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polkamarkets has an average sentiment score of 80 out of 5. Finally, Polkamarkets is becoming less newsworthy, with 0 news articles published about Polkamarkets.
On Twitter, people are mostly bullish about Polkamarkets. There were 61.54% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Polkamarkets. 38.46% of tweets were neutral about Polkamarkets. These sentiments are based on 17 tweets.
On Reddit, Polkamarkets was mentioned in 39 Reddit posts and there were 18 comments about Polkamarkets. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.