Polkadot

avoid.net/polkadot→58/100·78% conf.

[AI-DRAFTED · AWAITING VERIFICATION][src:claude-code-investigator]

58/100

[CAUTIONARY]78% conf.

Summary

Polkadot (DOT) is a multi-chain protocol founded by Gavin Wood, ranked #41 by market cap (~$2.3B). The project faces significant headwinds: a $133M treasury overspending crisis (projected 2-year depletion), the 2017 Parity wallet freeze that locked ~$98M of ICO proceeds, an April 2026 Hyperbridge exploit minting $1B in fake bridged DOT (losses ~$2.5M), and steep ecosystem decline with active parachains dropping from 200+ to ~30. No SEC enforcement actions exist, and ETF applications are under review.

Have evidence about Polkadot?

Timeline(8 events)

2017-10-15

Polkadot ICO raises $145M

2017-11-06

Parity wallet bug freezes ~$98M of ICO proceeds permanently

2020-05-26

Polkadot mainnet launches

2023-10-23

Parity Technologies lays off 30% of staff

2024-07-02

$133M treasury spend reported; 2-year depletion projected

2025-02-01

W3F CEO steps down after 16-month tenure

2026-03-01

Hard DOT supply cap of 2.1B enacted

2026-04-13

Hyperbridge exploit: ~$2.5M stolen via fake bridged DOT

Provenance & Audit Trail

src:claude-code-investigator

This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.

full audit log →version history →

model: claude-code-investigator

generated: 5/13/2026, 3:21:17 AM

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