Market cap
$276.57K
-7.31 %
Volume (24h)
$101.63
-7.31 %
Circulating supply
100,000,000 POLK
Total supply
100,000,000 POLK
Max. supply
100,000,000 POLK
Polkamarkets (POLK)
$ 0.00
-7.31 %
Main info
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Comments
Markets
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Key data
updated $0Market cap$276.57K
Volume 24h$101.63
Circulating supply100M100% of max 100M
All-time high$4.18-100% from peak · 2021-03-16
Polkamarkets (POLK) is the utility token of Polkamarkets, a prediction market platform where users bet on the outcomes of real-world events — from sports to politics — using crypto. Think of it as a decentralized way to trade your opinion on what will happen next. POLK is used for governance, staking, and rewarding accurate forecasters within the platform.
Frequently asked questions
What is Polkamarkets and how is it different from other crypto projects?
Polkamarkets is a prediction market protocol: instead of buying assets and hoping they rise, users buy outcome shares in specific events and profit if they're right. Unlike simple betting sites, it's built on blockchain, so markets are transparent and results are verifiable. POLK ties the whole ecosystem together as its native token.
How does the technology behind Polkamarkets work?
The platform runs as an autonomous protocol where users create and trade event outcome positions, with prices reflecting the market's collective probability of each result. Smart contracts handle the matching, settlement, and payouts automatically, removing the need for a trusted middleman. POLK holders can also participate in governance decisions about the protocol's future.
How is POLK supply and emission structured?
POLK has a hard cap of 100,000,000 coins, meaning no more than that will ever exist. This fixed maximum supply is written into the token's design and can't be inflated by simply minting new coins. Rewards for accurate predictions and platform activity come from within this predefined allocation.
Where and how can you store or use POLK?
As an ERC-20 token, POLK can be stored in any wallet that supports Ethereum-based assets, such as MetaMask or hardware wallets like Ledger. On the platform itself, you use POLK to stake on event outcomes and earn rewards for correct predictions. Always double-check the contract address before transferring to avoid fake tokens.