Polkadot (DOT) is a Layer-0 blockchain that builds an ecosystem of interconnected parachains. It was designed by Gavin Wood, co-founder of Ethereum, and includes the Substrate framework for building new blockchains.
| Asset | Price | Volume 24h | Open Interest | 24h Change |
|---|---|---|---|---|
| $1.096 | $1.74M | $4.27M | +1.14% | |
| $63308.0 | $5.37B | $2.00B | -5.22% | |
| $1793.1 | $1.55B | $1.19B | -3.50% | |
| $70.645 | $421.16M | $279.00M | -5.52% | |
| $74.16 | $1.36B | $1.71B | +7.08% | |
| $4446.8 | $2.80M | $25.64M | -0.47% | |
| $1.1921 | $67.75M | $89.86M | -2.77% | |
| $0.090748 | $17.23M | $27.54M | -2.22% | |
| $0.14279 | $8.26M | $20.62M | +2.34% |
DOT has significantly underperformed other Layer-1s in recent cycles and may take time to recover
Polkadot was created by Gavin Wood, co-founder of Ethereum, who also created the Solidity language and authored the Ethereum Yellow Paper. He left the Ethereum Foundation in 2016, believing that a key problem of blockchain was the lack of interoperability. He then built Polkadot to connect different blockchains together and coined the term 'Web3'.
Did You Know?
Gavin Wood coined the term 'Web3' in 2014 while still working at Ethereum, and Wired magazine named him the 'Father of Web3' in 2021. He also donated $5.8 million in cryptocurrency to support Ukraine during the 2022 war.
You can start with a small amount of USDC. We recommend at least 10-100 USDC to test trading and manage risk effectively.
Up to 40x (depends on the asset and market conditions)
Connect MetaMask → Go to Deposit/Withdraw → Select deposit from a Thai or global exchange → Follow the simple steps, takes only a few minutes
Price volatility, liquidation risk when using high leverage, and funding rate exposure.
Yes. Profits are in USDC → Withdraw to MetaMask → Transfer to Exchange → Sell for THB
Absolutely. SiamDEX has clear guides in Thai and English, simple steps, and no KYC required.
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