What Decred is built to do
Decred (DCR) is a proof-of-work Layer-1 blockchain, currently ranked 124th by market capitalization among the assets we track. At its core, Decred is a sovereign proof-of-work network. Miners expend real electricity to order transactions, and the DCR token is both the reward for that work and the unit users pay to transact.
Decred (DCR) is a decentralized cryptocurrency that emphasizes community involvement and sustainable funding through a hybrid consensus mechanism combining proof-of-work and proof-of-stake. Its governance model allows stakeholders to vote on proposals, ensuring continuous improvement and adaptability.
How the network stays secure
Every confirmation adds cumulative work that an attacker would have to redo. For DCR holders, hash-rate trends are a more honest health signal than price alone.
Under the hood, DCR secures its ledger with Proof of Work & Proof of Stake, built on the BLAKE256 algorithm.
Background & fundamentals
Decred first went live in 2015, giving it roughly 11 years of on-chain price history to draw on. Decred operates under a semi-centralized structure, which concentrates protocol decisions in an identifiable issuer or foundation. A documented core team of 45 contributors is listed publicly, a depth of disclosed staffing many long-tail tokens lack.
Its codebase is open-source, meaning the implementation can be audited rather than taken on trust. The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in DCR. CoinPaprika classifies the project's development status as "Working product".
In sector terms it is most often filed under Cryptocurrency, Payments, and Proof Of Work.
Where Decred sits in the market
At $10.73, Decred carries a market capitalization of $184.53M. Around $1.09M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.59% of the float — on the quieter side, which can mean thinner liquidity for large orders.
About 83% of the hard cap of 21M DCR has been minted, leaving only modest issuance ahead. DCR remains -96% beneath its all-time high of $250.90, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Across timeframes, DCR shows 24-hour -4.73%, 7-day -4.16%, 30-day -18.07%, 1-year -2.99%. Within its stored 365-day daily history, DCR mounted a low-to-high run of roughly 224% at its strongest stretch.
Volatility profile
Recent action puts Decred in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -18.07%, a useful input for stop placement and position sizing.
How to read Decred as a proof-of-work asset
For an asset of this type, three lenses matter most:
- Security budget — whether mining rewards plus fees are enough to keep hash power — and therefore attack cost — high.
- Issuance schedule — how new DCR enters circulation and when emissions taper. Disinflation is a core part of the bull case for PoW coins.
- Settlement demand — whether the chain is actually used to move value, since fee revenue eventually has to carry security as block subsidies shrink.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
