
Decred (DCR) is the 156th largest cryptocurrency in the world by market cap, valued at $347,304,674. The current price of Decred is $23.61, which is 1.899% higher than yesterday. Prices have ranged between $23.35 and $22.57 over the past 24 hours. All prices are listed in US dollars and accurate as of February 04, 2023 12:02 UTC.
Decred price chart
Price over the past month
What is Decred?
Decred is a community-focused cryptocurrency that operates a hybrid proof-of-stake/proof-of-work consensus mechanism. Decred intends to address the scalability and governance issues that plague legacy cryptocurrencies by running a fully decentralized development process.
It aims to create a blockchain that can be efficiently upgraded in line with its community needs to avoid messy hard forks.
Other than true decentralisation, Decred also lets its users join mining pools with a relatively low barrier to entry. They can join a proof-of-work pool in order to be given mining tokens relative to the hashing power they contribute to mining each block, or a proof-of-stake pool to help amplify their current DCR stake.
DCR is the native token of the Decred network and is the foundation for the protocol’s economic and governance systems. Users can stake their DCR coins to participate in proposals and earn voting rights. Staked and mined DCR tokens are also used to validate transactions on the network.
Decred at a glance
Basic stats for Decred
Decred news

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Decred performance over time
Decred fundamental and technical analysis
Social activity for Decred
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Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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