DOT traded at $1.027 on October 25, 2026 at 08:10 UTC, according to CoinGecko. The token was down 3.5% over 24 hours, 6.9% over seven days and 11.3% over 30 days. That is about 3% below the roughly $1.06 it fetched on September 8, 2026, the week this page first covered. The September rally has given way to a slow drift lower. The biggest change on the network since then is outside the price: Polkadot's own dollar stablecoin, dotUSD, went live after OpenGov Referendum 1944 was executed.
Where DOT stands now (October 25, 2026)
| Metric | Value |
|---|---|
| Price | $1.027 |
| 24 hours | -3.5% |
| 7 days | -6.9% |
| 30 days | -11.3% |
| 1 year | -66.3% |
| Market cap | $1.76 billion (rank #57) |
| 24h trading volume, all venues | $117.1 million |
| Circulating supply | 1.709 billion DOT |
| All-time high | $54.98 (November 4, 2021) |
| All-time low | $0.727 (August 18, 2026) |
Source: CoinGecko, snapshot October 25, 2026, 08:10 UTC.
Two figures put the price in context:
- Distance from the high: at $1.027, DOT is about 98% below its November 2021 peak of $54.98.
- Distance from the low: DOT is about 41% above its all-time low of $0.727, which it set on August 18, 2026. That low is only ten weeks old. The September move this page first covered was a rebound from that low.
Compared with September 8, 2026
CoinGecko's daily record for September 8, 2026 shows DOT at about $1.062, with a market cap of about $1.81 billion and $381.7 million in 24-hour volume. Seven weeks later the price is about 3% lower. Daily volume has fallen by roughly 70%, from $381.7 million to $117.1 million. Lower volume at a similar price means fewer market participants are active.
How far is a DOT price from its record low?
Enter a DOT price to see how far above or below the August 18, 2026 all-time low of $0.727 it sits.
| DOT price to check | Distance from the $0.727 all-time low |
|---|---|
| 1.027 USD | 41.27 % |
| 1.062 USD | 46.08 % |
| 0.727 USD | 0 % |
- The price is your own input; the $0.727 all-time low (August 18, 2026) is CoinGecko's figure as reported in the article.
- A positive result means the price is above the all-time low; a negative result means it would be a new low.
This is arithmetic on one price only: it does not show where DOT will trade, uses a single price source (CoinGecko), and ignores volume, issuance and the dotUSD rollout.
What changed on the network
dotUSD: Polkadot's native stablecoin is live (October 2026)
Referendum 1944, "dotUSD: A Native Stablecoin for Polkadot", was submitted on the Root track. Polkadot's governance explorer now shows it as executed, with 98.5% Aye (about 4.63 million DOT) against 1.5% Nay (about 70,810 DOT). Turnout was low: support stood at 0.11% of DOT supply, about 1.87 million DOT.
According to the referendum text, the proposal:
- creates dotUSD as a protocol-owned asset pegged to the US dollar and recognises it as the Polkadot stablecoin;
- sets up a DOT/dotUSD liquidity pool on Polkadot Asset Hub;
- funds initial liquidity from the treasury: $2.5 million in USDT to mint dotUSD and $2.5 million in DOT for the pool;
- marks dotUSD as a "sufficient" asset, so an account can hold it without holding DOT;
- sets a Peg Stability Module (PSM) with a cap on initial minting in Phase 1. The referendum page does not state the cap amount.
The rollout has two phases. Phase 1 is backed by USDT through the PSM. Phase 2 would add DOT-collateralised vaults, a price oracle, a stability pool and liquidations. Reporting dated October 8, 2026 describes dotUSD as live on mainnet. We could not find an official Polkadot announcement that gives the exact launch date.
What this means for users: in Phase 1, every dotUSD rests on USDT, so it carries the same issuer risk as USDT. The DOT-collateralised design that would make it independent of USDT has not yet launched.
Lower issuance since March 14, 2026
Referendum 1710 was approved on September 14, 2025 with about 81% support. It set a hard cap of 2.1 billion DOT. Under that change, annual issuance fell on March 14, 2026 from 120 million DOT to 55 million DOT. From then on, issuance falls by 13.14% of the remaining supply still to be minted every two years.
With 1.709 billion DOT in circulation, about 391 million DOT remain to be minted under the cap. At 55 million DOT a year, new issuance is roughly 3.2% of current supply. Before the cut it was about 7%.
What to watch
- The dotUSD Phase 2 vote. DOT-collateralised vaults would be the first use of dotUSD that creates demand for DOT as collateral. Neither a proposal nor a date is public yet.
- dotUSD supply. The PSM cap limits how much dotUSD can be minted in Phase 1. The amount minted is the clearest sign of whether users are taking it up.
- The August 18 low at $0.727. DOT has held above it since September. Volume has fallen while the price drifted lower.
Limitations: price figures come from a single source (CoinGecko), and we could not confirm the exact dotUSD launch date or its Phase 1 minting cap from official Polkadot sources.
Crypto assets are volatile and you can lose your capital. Nothing here is investment advice.
