Diamond
DMD Rank #1813Price chart
What is Diamond?
Overview
Diamond is a smart contract platform operating as a standalone blockchain. It serves users seeking decentralized applications with emphasis on low transaction costs and minimal environmental impact compared to traditional Proof of Work systems.
How it works
Diamond uses the Groestl hashing algorithm for Proof of Work validation. Since its 2021 v4 upgrade, the network employs a cooperative HBBFT consensus mechanism paired with delegated Proof of Stake for validator selection, combining security with decentralization.
Token and supply
DMD is the native asset of the Diamond blockchain and is used for transaction fees and network participation. The network has a fixed maximum supply of 4.38 million coins with an indefinite reward structure designed for long-term sustainability.
Team and history
Diamond was founded in 2013 and has undergone multiple upgrades to adapt to changing market conditions, with the v4 release introducing significant consensus and governance improvements.
Where to trade DMD
Exchanges that list this asset
Live spot quotes from connected exchanges
DMD funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.