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PolkaBridge

PBR

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Market

Market stats

Market cap

$2.2M

Volume (24h)

$432,703.03

Circulating supply

71.2M PBR

All time high

$11.67

Price change (1h)

+0.03%

Price change (24h)

-1.31%

Price change (7d)

-2.13%

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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.

PolkaBridge is on the decline this week.

The price of PolkaBridge has fallen by 2.13% in the past 7 days. The price declined by 1.31% in the last 24 hours. In just the past hour, the price grew by 0.03%. The current price is $0.0311 per PBR. PolkaBridge is 99.73% below the all time high of $11.67.

The current circulating supply is 71,190,108.198 PBR.

Ratings

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About

What Is PolkaBridge (PBR)?

PolkaBridge is a multichain and cross-chain decentralized platform that includes farming, AMM, launchpad, NFT, prediction, and many more. With PolkaBridge, users can swap tokens on the DOT platform with tokens on other chains and vice-versa. Participants can also earn by performing farming, lending, and liquidity more straightforwardly.

According to the whitepaper, Polkadot is a vital blockchain protocol that offers several benefits over Ethereum regarding processing speed and scalability. Furthermore, the token is also known as a decentralized all-in-one economic applications platform. The token's ecosystem is expected to have multichain & cross-chain automated market maker (AMM), fundraising platform (launchpad), NFT, and much more, which are created keeping Polkadot as the base. AMM is a tool utilized to supply liquidity (token pool) in decentralized finance (DeFi) without the intervention of a third party to set the price of an asset.

PolkaBride is devising a multichain automated market maker (AMM) tool, seeking to permit users to perform swaps or exchange assets on multiple blockchains, the flagship PolkaBridge development. After full deployment, the tool aims to be made to support Polygon, Ethereum, Polkadot, Solana, and Binance Smart Chain (BSC). 

For example, individuals can swap Ether (ETH) with PolkaBridge (PBR) coin on the Ethereum blockchain. They can also exchange Binance Coin (BNB) with PolkaWar (PWAR) coin – all from the same platform.

After the takeoff of multichain AMM-type decentralized exchange, the following step is the growth of cross-swap functionality. Basically, it's the power to swap one digital asset on one blockchain with another asset present on the other without utilizing any third party. For example, participants can trade ETH on the Ethereum blockchain with Polkadot (DOT) on the Polkadot blockchain. 

PolkaBridge employs Moonbeam's parachain solution for the entire Polkadot base, letting Ethereum-compatible smart contracts operate on Polkadot and permitting the protocol to support a connection. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. In practice, PolkaBridge uses two smart contracts operating in parallel to trade: one on Polkadot and the other on the connected blockchain, e.g., Ethereum. The same rule connects Solana, Polygon, and Binance Smart Chain.

History of PolkaBridge (PBR)

Cyclese is the founder and CEO of the token. The maximum total supply for PolkaBridge is 100,000,000.

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Reading List

News

Bitcoin Magazine • Sep 20, 23

Bitcoin vs Ethereum: A Culture War Rooted in First Principles

Willem Schroe, founder of Botanix Labs, discusses the reasons why his company is working on a decentralized second layer to bring the Ethereum Virtual Machine (EVM) to Bitcoin.

Read more

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BeInCrypto • Sep 20, 23

Axie Infinity (AXS) Price In Recovery Mode - But Will it Last?

Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal? Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal?

Read more

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CoinDesk • Sep 20, 23

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

Read more

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CoinDesk • Sep 20, 23

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target

Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.

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The Block • Sep 20, 23

a16z crypto leads $3.6 million seed round for Freatic’s information markets protocol

Freatic aims to build a protocol that can accelerate the flow of investment information from the real world to those who can leverage it.

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CoinDesk • Sep 20, 23

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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Guides

Coinbase

How to Buy PolkaBridge

You can buy PolkaBridge using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy PolkaBridge using Coinbase wallet.

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FAQ

What is the current price of PolkaBridge?

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

What is the market cap of PolkaBridge?

The current market cap of PolkaBridge is $2.21M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of PolkaBridge?

The all-time high of PolkaBridge is $11.67. This all-time high is highest price paid for PolkaBridge since it was launched.

What is the 24 hour trading volume of PolkaBridge?

Over the last 24 hours, the trading volume of PolkaBridge is $432.70K.

What other assets are similar to PolkaBridge?

Assets that have a similar market cap to PolkaBridge include Stronghold Token, Witch Token, UNKJD, and many others. To see a full list, see our comparable market cap assets.

How many PolkaBridge are there?

The current circulating supply of PolkaBridge is 71 million.

Can I buy PolkaBridge on Coinbase?

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

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.