Decred

Decred

Hybrid PoW/PoS Bitcoin Fork with Superior Governance

Launch Year
2016
Consensus
Hybrid PoW + PoS
Max Supply
21,000,000 DCR
Block Time
~5 minutes
DCR
DCR
Decred
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap DCR Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Decred Price Chart

DCR / USD
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Data by CryptoCompare

About Decred

Decred (DCR) is a cryptocurrency that evolved from Bitcoin's codebase with key improvements: a hybrid Proof of Work and Proof of Stake consensus mechanism that gives stakeholders genuine governance power, and Politeia — an on-chain proposal and voting system funded by a built-in treasury. In Decred, miners produce blocks (PoW) but PoS ticket holders vote on whether to accept those blocks, preventing miner capture. The Decred treasury receives 10% of all block rewards, giving the project sustainable self-funding for development. Privacy features (CoinShuffle++), Lightning Network, and Atomic Swaps are built in.

History

2016
Decred launches with no ICO and fair launch; hybrid PoW/PoS consensus immediately active.
2017
Decred completes first Atomic Swap with Litecoin — peer-to-peer cross-chain exchange without a third party.
2018
Politeia governance platform launches; DCR holders vote on treasury-funded proposals.
2019
Decred Lightning Network activates; privacy CoinShuffle++ mixing launches.
2021
DCRDEX decentralized exchange launches enabling atomic swap trading without custody.
2024
Decred continues treasury-funded development; DCRDEX adds Bitcoin, Ethereum, and other pairs.

How to Swap DCR

Exchanging Decred (DCR) on SyntheticSwap requires no account creation or identity documents. Open SyntheticSwap, choose DCR as your source or target coin, provide your destination wallet address, and review the floating rate displayed. After sending DCR from your personal wallet to the deposit address, the swap processes automatically and your chosen asset is delivered directly to your wallet. SyntheticSwap never holds your funds at any point during the process.

How to Store DCR

DCR is stored in Decrediton — the official full-featured Decred wallet supporting ticket buying, staking, and Politeia voting. CLI wallets are also available for advanced users. Ledger hardware wallets support DCR. The wallet allows purchasing PoS tickets to participate in governance and earn staking rewards.

Frequently Asked Questions