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Polkadot

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Last updated · daily

Layer 1

Multi-chain relay network connecting parachains. USDT available natively on Asset Hub; cross-chain stablecoin flows via XCM protocol.

Stablecoin supply
$68M 0.02% of networks covered
Rank by supply
24 of 30 covered
Coins on this chain
2 2 above $1M
Largest coin's share
54.1% USDT
Concentration (HHI)
5,034 of 10,000
01

The mix

2 coins · HHI 5,034

Top coin — the largest coin's share of this chain's stablecoin supply. HHI — Herfindahl-Hirschman Index, the sum of squared percentage shares on a 0–10,000 scale, the same definition published for the market-wide concentration series. Both are computed over every coin with supply on the chain, not only those listed below. A chain's concentration measure describes only its stablecoin mix. It does not indicate the security of the chain or the soundness of the issuers represented on it.

# Stablecoin Type Supply on Polkadot
1 USDTTether Fiat $37M
2 USDCUSD Coin Fiat $31M

Coins with at least $1M of supply on this chain, ranked by that supply.

02

The network

Launched2020
TierLayer 1
ConsensusNominated Proof of Stake (NPoS)
EVM-compatibleNo
Websitepolkadot.network

Frequently asked questions

Is Polkadot EVM-compatible?

No, Polkadot is not EVM-compatible. It uses its own virtual machine and developer toolchain.

Chain attribution from on-chain and cross-chain data. All networks · Methodology