Cryptos:  11,119Exchanges:  391Market Cap:  $1,629,051,399,09524h Vol:  $89,750,886,957Dominance:  BTC: 48.3% ETH: 17.7%ETH Gas:  19 Gwei
Cryptos:  11,119Exchanges:  391Market Cap:  $1,629,051,399,09524h Vol:  $89,750,886,957Dominance:  BTC: 48.3% ETH: 17.7%ETH Gas:  19 Gwei
DCR

DecredDCR

Rank #50
Coin
On 41,555 watchlists

Decred Price (DCR)

$150.95
5.15%

0.003604 BTC5.15%

0.06122 ETH5.15%

Low:$136.05
High:$155.01
24h
DCR  Decred DCRPrice: $150.95 5.15%
Market Cap
$1,987,900,982
5.18%
Fully Diluted Market Cap
$3,170,015,227
24.52%
Volume
24h
$20,089,533
13.12%
Volume / Market Cap
0.01011
Circulating Supply
13,168,996.88 DCR
63%
Max Supply
21,000,000
Total Supply
13,168,997
Sponsored

Decred Chart

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DCR Price Live Data

The live Decred price today is $150.95 USD with a 24-hour trading volume of $20,089,533 USD. Decred is up 5.15% in the last 24 hours. The current CoinMarketCap ranking is #50, with a live market cap of $1,987,900,982 USD. It has a circulating supply of 13,168,997 DCR coins and a max. supply of 21,000,000 DCR coins.

If you would like to know where to buy Decred, the top exchanges for trading in Decred are currently Binance, OKEx, Huobi Global, HitBTC, and BiONE. You can find others listed on our crypto exchanges page.

What Is Decred (DCR)?

Decred (DCR) is a blockchain-based cryptocurrency launched in February 2016. The Decred token and protocol were created to facilitate open governance, community interaction, and sustainable funding policies.

According to the official whitepaper, Decred was created in such a way that the community approves all transactions and changes made regarding the protocol. Hence, there is no way for big Decred holders to manipulate the operation of the protocol. Decred was heavily influenced by Bitcoin and utilized many of the underlying principles of the original cryptocurrency.

Who Are the Founders of Decred?

The main driving force behind the creation of Decred is an enterprise called Company 0. Its mission is to use the capabilities of blockchain technology to create better personal data protection and to bring organizational liberty to projects.

Jake Yocom-Piatt is the founder and CEO of Company 0. Currently, he is serving as a project lead for the Decred project. His involvement with cryptocurrency and blockchain technology spans over more than ten years. Code written by Jake Yocom-Piatt has been used in the composition of several Bitcoin-related projects, including the creation of Lightning Network Daemon.

Marco Peereboom is the chief technical officer of Company 0. He is the direct supervisor of several teams on the Decred project, including development, security, and infrastructure. Mr. Peereboom’s career includes positions in companies like Dell, where he was a Senior Architect. He has been at Company 0 for more than five years, and his involvement with the Decred project is essential for the successful launch of the cryptocurrency.

What Makes Decred Unique?

Decred is an innovative project because it bets on blockchain technology’s decentralized nature to prevent monopoly over voting status in the project itself. One of the main goals of the Decred protocol is to ensure that all DCR holders have the same amount of decision-making power and that large institutions cannot swing the votes in their favor.

By introducing ticket-holder voting, Decred ensures that people who have enough DCR will have the opportunity to participate in votes regarding the company/token’s future and operations. Decred also created a dedicated voting platform called Politeia, which allows users to participate in votes, submit proposals and start discussions.

Not only that, but to ensure those voting rights, Decred is employing a hybrid consensus mechanism, which combines both the proof-of-work (PoW) and proof-of-stake model (PoS).

Find out more about XRP.

Check out Curve DAO Token.

Learn more about Decentralized networks.

Read more on the CoinMarketCap blog.

How Many Decred (DCR) Coins Are There in Circulation?

Decred plans to issue a total of 21,000,000 tokens. Currently, about 60% of these tokens have entered circulation.

Of the 21 million tokens, 8% were mined before the launch of the protocol. Half of these pre-mined coins went towards an initial airdrop, while the other half was distributed to cover costs acquired by Company 0 during the development of the protocol.

The initial airdrop was designed to reward interested parties by giving them free Decred (DCR) tokens. Tokens were distributed among participants who had registered for the airdrop event beforehand.

How Is the Decred Network Secured?

Decred uses a hybrid PoW/PoS consensus mechanism, which combines features of the two most popular consensus models. The cryptocurrency uses proof-of-work (PoW) to mine new blocks on the blockchain; however, miners receive only 60% of the reward after a successful mining operation.

The proof-of-stake (PoS) consensus is used in the voting organization, and it allows users to participate in the ticket-holder voting system. Voters employing the PoS consensus receive 30% of the block reward.

The remaining 10% of block rewards are stored in the Decred Treasury. Decred hosts frequent Politeia discussions and votes on how the funds from the Decred Treasury should be spent.

Where Can You Buy Decred (DCR)?

The largest marketplace for Decred (DCR) is Binance, with a DCR/BTC trade volume of USD 2,493,254. Binance is also the most popular cryptocurrency exchange for DCR/USDT transactions.

Other good options for trading Decred include Huobi Global, YoBit, BitAsset and OKEx. It is important to note that trading cryptocurrency involves risks, like any other investment.

Read more here about how to buy cryptocurrencies.

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DCR

Decred

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USD

United States Dollar

DCR Price Statistics

Decred Price Today
Decred Price$150.95
Price Change24h$7.40
5.15%
24h Low / 24h High
$136.05 /
$155.01
Trading Volume24h$20,089,533.47
13.12%
Volume / Market Cap0.01011
Market Dominance0.12%
Market Rank#50
Decred Market Cap
Market Cap$1,987,900,982.32
5.18%
Fully Diluted Market Cap$3,170,015,227.47
24.52%
Decred Price Yesterday
Yesterday's Low / High
$136.05 /
$152.85
Yesterday's Open / Close
$143.00 /
$152.85
Yesterday's Change

6.89%

Yesterday's Volume$20,978,268.14
Decred Price History
7d Low / 7d High
$123.91 /
$155.01
30d Low / 30d High
$91.13 /
$155.01
90d Low / 90d High
$86.07 /
$229.88
52 Week Low / 52 Week High
$10.99 /
$250.02
All Time High
Apr 17, 2021 (3 months ago)
$250.02
39.62%
All Time Low
Dec 28, 2016 (5 years ago)
$0.3948
38135.70%
Decred ROI

15754.63%

Decred Supply
Circulating Supply13,168,997 DCR
Total Supply13,168,997 DCR
Max Supply21,000,000 DCR