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Polkadex

PDEX

Polkadex is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

Buy Polkadex with Coinbase Wallet

Polkadex can be traded using Coinbase Wallet, your key to the world of crypto.

Trade Polkadex

Polkadex is only available through Coinbase Wallet. Assets on Coinbase Wallet are not held by Coinbase. Use of Coinbase Wallet is subject to these terms.

Market

Market stats

Market cap

$5.1M

Volume (24h)

$217,262.64

Circulating supply

8.4M PDEX

All time high

$230.55

Price change (1h)

-0.14%

Price change (24h)

+2.87%

Price change (7d)

-23.81%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

About Polkadex

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.

News about Polkadex

The Block • Apr 19, 24

Bitcoin’s halving event is now less than 100 blocks away

The estimated time left would see Bitcoin’s fourth halving arrive at around 8 p.m. ET today, with the block subsidy dropping to 3.125 BTC.

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The Block • Apr 19, 24

BitMEX’s bitcoin perpetual swap now offers 250x leverage ahead of halving

BitMEX has increased the leverage on its bitcoin perpetual swap, XBTUSD, from 100x to 250x ahead of the halving event.

Read more

News Article Image

BeInCrypto • Apr 19, 24

Web3 Gaming Platform Circle of Games Secures New Funding

Web3 gaming platform Circle of Games secures $1 million in strategic investment.The post Web3 Gaming Platform Circle of Games Secures New Funding appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Apr 19, 24

Cosmos Market Maker Astroport Migrates to New Chain: New ASTRO Tokens Issued

Cosmos' second-largest AMM, Astroport, completes migration to Neutron chain, issuing new ASTRO and xASTRO tokens.The post Cosmos Market Maker Astroport Migrates to New Chain: New ASTRO Tokens Issued appeared first on BeInCrypto.

Read more

News Article Image

Unchained • Apr 19, 24

Tether Expands Beyond Stablecoins With Four New Divisions

Tether, the company behind the USDT stablecoin, is venturing into other areas of the digital asset industry. In a blog post on Thursday, the firm unveiled a framework to reorganize into four different divisions: Tether Power, Tether Data, Tether Edu and Tether Finance. Introducing the new era of ...

Read more

News Article Image

BeInCrypto • Apr 19, 24

SBI Group to Unveil NFTs on XRP Ledger for World Expo 2025 in Japan

Japan's SBI Group will utilize Ripple's XRP Ledger to distribute NFTs at the World Expo 2025 in Osaka, enhancing visitor engagement through digital collectibles.The post SBI Group to Unveil NFTs on XRP Ledger for World Expo 2025 in Japan appeared first on BeInCrypto.

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Polkadex is on the decline this week.

The price of Polkadex has decreased by 0.14% in the last hour and increased by 2.87% in the past 24 hours. Polkadex’s price has also fallen by 23.81% in the past week. The current price is $0.61 per PDEX with a 24-hour trading volume of $217.26K. Currently, Polkadex is valued at 99.73% 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.

FAQ

What is the current price of Polkadex?

We update our Polkadex to USD currency in real-time. Get the live price of Polkadex on Coinbase.

What is the market cap of Polkadex?

The current market cap of Polkadex is $5.11M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Polkadex?

The all-time high of Polkadex is $230.55. This all-time high is highest price paid for Polkadex since it was launched.

What is the 24 hour trading volume of Polkadex?

Over the last 24 hours, the trading volume of Polkadex is $217.26K.

What other assets are similar to Polkadex?

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.

How many Polkadex are there?

The current circulating supply of Polkadex is 8.4 million.

Can I buy Polkadex on Coinbase?

Yes, Polkadex is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Polkadex guide.

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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.