Keep an eye on Decred

Get instant alerts for major price changes.

Market

Market stats

Market cap

$370.0M

Volume (24h)

$5.3M

Circulating supply

15.9M DCR

All time high

$250.02

Price change (1h)

-1.55%

Price change (24h)

-11.65%

Price change (7d)

-20.07%

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.

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):

News about Decred

The Block • Mar 18, 24

Dogwifhat memecoin’s iconic photo sold as NFT for $4.3 million

Crypto trader Gigantic Rebirth Ventures (GCR) made the winning bid of 1,210.8 ETH on the Foundation platform.

Read more

News Article Image

DL News • Mar 18, 24

Solana volume leapfrogs Ethereum as memecoin frenzy seen sending price to $415

Another memecoin frenzy has pushed Solana's overnight trading volumes higher than those of rival cryptocurrency Ethereum.

Read more

News Article Image

The Block • Mar 18, 24

Standard Chartered raises Bitcoin price target to $150,000 by year-end

Standard Chartered Bank has raised its bitcoin price prediction target to $150,000 from its previous estimate of $100,000.

Read more

News Article Image

The Block • Mar 18, 24

Figure launches new blockchain-focused entity after raising $60 million in Series A

Figure Technologies announced that it is launching a company named Figure Markets, focused on developing a blockchain-native exchange.

Read more

News Article Image

BeInCrypto • Mar 18, 24

Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers

Solana breaks the $200 mark, driven by its expanding DeFi ecosystem, record DEX volumes, and robust staking growth, signaling a strong market position and future potential.The post Solana Skyrockets Past $200: Unveiling 3 Key Growth Drivers appeared first on BeInCrypto.

Read more

News Article Image

The Block • Mar 18, 24

Spot bitcoin ETFs reach record highs for weekly inflows and trading volume

Weekly net inflows into U.S. spot bitcoin ETFs reached a record $2.57 billion last week. Trading volume also hit a record $35.1 billion.

Read more

News Article Image

Related Assets

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Decred in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Decred is on the decline this week.

The price of Decred has decreased by 1.55% in the last hour and decreased by 11.65% in the past 24 hours. Decred’s price has also fallen by 20.07% in the past week. The current price is $23.23 per DCR with a 24-hour trading volume of $5.26M. Currently, Decred is valued at 90.71% below its all time high of $250.02. This all-time high was the highest price paid for Decred since its launch.

The current circulating supply of Decred is 15,930,349.43 DCR which means that Decred has as total market cap of 15,930,349.43.

FAQ

What is the current price of Decred?

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

What is the market cap of Decred?

The current market cap of Decred is $370.03M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Decred?

The all-time high of Decred is $250.02. This all-time high is highest price paid for Decred since it was launched.

What is the 24 hour trading volume of Decred?

Over the last 24 hours, the trading volume of Decred is $5.26M.

What other assets are similar to Decred?

Assets that have a similar market cap to Decred include PAAL AI, Ravencoin, Theta Fuel, and many others. To see a full list, see our comparable market cap assets.

How many Decred are there?

The current circulating supply of Decred is 16 million.

Can I buy Decred on Coinbase?

No, Decred is not currently available on Coinbase, but you can sign up to get the latest news on Decred and be notified when it gets added to our exchange.

Discover ENS Profiles

Navigate the world of Ethereum Name Service (ENS) profiles. Connect, learn, and engage with the web3 community on profile.coinbase.com. Check out some of the most popular ENS profiles below.