Dash
An early Bitcoin fork built around instant settlement and optional privacy.

- Networks
- Dash
- Asset type
- Native coin
- Consensus
- Proof of Work with masternode second tier
An early Bitcoin fork built around instant settlement and optional privacy.

Live market data
CoinGecko data; may be delayed.
67.8% of the achievable supply is already circulating.
$1,493.59 -96.26% · Dec 19, 2017
Source: CoinGecko, snapshot of Sep 13, 2026. Figures may be delayed.
This asset is not mapped to a DefiLlama-tracked protocol or chain, or the provider reports no data for it. When a verified mapping exists, the table appears here.
Dash began as a 2014 Bitcoin fork adding masternodes: a second tier of bonded operators that enable instant settlement (InstantSend) and optional privacy mixing (PrivateSend). It was one of the earliest serious experiments in on-chain payments UX and in governance treasuries, with a share of block rewards funding development proposals. Its payments niche has narrowed as stablecoins absorbed the demand for cheap digital dollars.
General research guidance, not analysis specific to this asset. Detail is pending.
Track the real organization or foundation behind the token, not just the ticker.
Separate token utility from price action before building a position.
Compare network usage, liquidity, incentives, and governance quality against nearby competitors.
Dash's two-tier design separates work between ordinary miners and masternodes: operators who bond 1,000 DASH as collateral and provide the services that define the network, including instant settlement and chain-lock checkpointing. A share of every block reward funds a decentralized treasury that pays for development and growth proposals voted on by masternodes, one of the oldest on-chain funding mechanisms in crypto.
Instant-settlement payments
Optional private transfers via PrivateSend
Masternode staking with governance voting
Demand for DASH tracks its use as digital cash: cheap instant transfers and masternode staking. Masternode operators earn a share of block rewards, which gives large holders a yield-like return funded by emissions rather than by external revenue — an important distinction when judging whether usage actually supports the token.
Total issuance is capped around 19 million DASH with block rewards declining roughly every 383 days under a modified emission curve. Block rewards split between miners, masternodes, and the treasury. There is no unlock calendar: distribution happens through ongoing mining and masternode rewards.
Masternodes are the governance layer: each bonded node votes on treasury proposals and protocol direction, making voting power proportional to capital bonded. Core development is funded from that treasury, so the system pays for itself but concentrates influence in the largest operators.
Stablecoins have absorbed most cheap-payments demand it once targeted
Masternode concentration concentrates governance influence
Optional privacy features attract regulatory attention similar to privacy coins
A server whose operator bonds 1,000 DASH and provides network services beyond mining: instant transactions, chain-lock security, and votes on treasury spending. In return it receives a share of block rewards. The bond is collateral, not a purchase — it stays the operator's and can be recovered by shutting the node down.
Only optionally. Dash's privacy mixing is an opt-in feature, while Monero's privacy is default and structural. Transactions on Dash are public unless the sender actively mixes them, which makes its privacy posture much closer to Bitcoin's than to a dedicated privacy coin.
Last verified:
Dash · dash.org · primary source
Instant settlement under one second, sub-cent transaction cost positioning, and consumer wallet distribution.
Accessed
Pending linkage to a concrete organization on the map.
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.
Serves a comparable role, so the two are worth reading side by side.
Directory suggestion, pending verification.