Polkadot warns Fearless Wallet users to move funds after key leak
The incident underscores the critical need for robust security measures and timely communication to protect users in decentralized ecosystems.
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Read the API docsPolkadot is a Layer 1 blockchain network designed to let independent blockchains communicate and share data or value with one another without requiring a trusted intermediary. It addresses the problem of isolated blockchains by connecting them through a central relay chain, allowing projects built on different networks to interoperate. The primary audience is blockchain developers who want their chains to benefit from shared security and cross-chain messaging.
Polkadot operates under a Proof of Stake consensus model in which the DOT token is used to participate in network governance, to stake as collateral that secures the relay chain, and to bond parachains — the independent blockchains that connect to Polkadot's central hub. Validators are selected based on staked DOT, and they collectively produce and finalize blocks across all connected parachains, meaning the security of each parachain is pooled rather than maintained in isolation. The block time recorded in this dataset is 0.0 minutes, which indicates no block-time figure has been stored for this profile.
The data stored for this asset does not include a fee revenue stream or protocol earnings figure, so fee-based measures such as price-to-fees or revenue yield are not available on this page. The fundamental basis field points to the Polkadot Treasury, which is an on-chain fund that receives a portion of transaction fees and slashed stake, but no specific fee totals are recorded here. Circulating supply stands at approximately 1.71 billion DOT against a maximum supply of 2.10 billion, with roughly 81.30 percent of the maximum supply already in circulation and a dilution overhang of just 0.000239 percent remaining, meaning very little additional supply is scheduled to enter the market.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
The incident underscores the critical need for robust security measures and timely communication to protect users in decentralized ecosystems.
Polkadot surges significantly after a 54% reduction in annual token issuance and a native stablecoin launch as increasing open interests and longs dominances points to a…
DOT price has fallen toward $1 as Polkadot launches its native dotUSD stablecoin, with daily support under pressure and a rounded top forming on the 4-hour chart.
Polkadot has launched dotUSD on mainnet, giving the network a native stablecoin governed through its on-chain OpenGov system.
Open interest fell from $91 million to $85 million during the drop.