About Decred
Decred is a cryptocurrency that combines two consensus models: proof of work and proof of stake. When new blocks are mined, 60% of the block reward goes to proof of work miners, 30% to proof of stake voters, and 10% to fund development of the protocol. Stakeholders may also vote on changes to the protocol itself.
Trading Insights
Searched
14
Market Stats
Market Cap
£215.65M
FDV
£267.89M
Circ. Supply
17M DCR
Max Supply
21M DCR
Total Supply
17M DCR
Performance
Popularity
Not enough data
Dominance
0.01%
Volume (24H)
£2.88M
26.45%
Volume (7D)
£20.72M
Volume (30D)
£88.62M
All time high
£185.91
Price Change (1Y)
22.38%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Decred has decreased by 1.26% in the last hour and increased by 0.61% in the past 24 hours. Decred’s price has also risen by 9.92% in the past week. The current price is £12.76 per DCR with a 24-hour trading volume of £2.88M. Currently, Decred is valued at 93.14% below its all time high of £185.91. This all-time high was the highest price paid for Decred since its launch.
The current circulating supply of Decred is 16,905,159.385 DCR which means that Decred has as total market cap of £215,652,846.44.
Market details
DCR vs markets
↘ 30.18%
DCR vs BTC
↘ 34.39%
DCR vs ETH
↗ 40.74%
Tags
mineable
hybrid-pow-pos
medium-of-exchange
store-of-value
+3
Network & Addresses
Network | Address | |
|---|---|---|
Decred | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £12.76 | ↗ 0.61% |
1 Day | £12.52 | ↗ 0.61% |
1 Week | £12.57 | ↗ 9.92% |
1 Month | £10.96 | ↗ 15.43% |
1 Year | £10.81 | ↗ 22.38% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Decred (DCR) is a blockchain-based platform with a primary focus on community input and open governance. The platform welcomes everyone to participate, join project groups and contribute to development. As per the whitepaper, the platform operates with the hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) mining process. The hybrid model ensures that a small group does not overpower the flow of transactions or modify Decred without the community's inputs. The protocol aims to facilitate sustainable funding for the development of the cryptocurrency.
Further, DCR is the native utility token of the Decred platform. Decred holders can stake DCR to obtain voting tickets to vote on on-chain decisions. Also, 30% of the block reward goes to holders of the tickets who vote in one particular block. DCR token holders get an opportunity to choose a project by randomly sealing their coins in exchange for tickets in order to gain staking rewards. Listed below are some of the ways a user can acquire Decred (DCR):
Jake Yocom-Piatt is the founder of the Decred platform. The platform went live on February 8, 2016.
We update our Decred to GBP currency in real-time. Get the live price of Decred on Coinbase.
The current market cap of Decred is £215.65M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Decred is £185.91. This all-time high is highest price paid for Decred since it was launched.
Over the last 24 hours, the trading volume of Decred is £2.88M.
Assets that have a similar market cap to Decred include FTX Token, WEMIX, Safe, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Decred is 17 million.
Decred calculator
1 Decred (DCR) to Japanese Yen (JPY)
¥2,530.63
1 Decred (DCR) to Indian Rupee (INR)
₹1,475.62
1 Decred (DCR) to Real (BRL)
R$95.43
1 Decred (DCR) to Nigerian Naira (NGN)
NGN 26,273.07
1 Decred (DCR) to South Korean Won (KRW)
₩23,713.70
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
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