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Live DREP Price Analysis
The current real time Drep (NEW) price is $0.0022, and its trading volume is $2,691 in the last 24 hours. DREP price has plummeted by
6.25%
in the last day, and decreased by
6.28%
in the last 7 days. It's important to note that current Drep (NEW) market capitalization is $216,011, Talking about circulating supply, DREP has 100,000,000 coins. Currently, Drep (NEW) rank on the market is #1524.
Drep (NEW) price today is
99.94%
below
all time high, and it is
8.95%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling DREP are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What Is DREP?
DREP is the native token of the Decentralized Reputation System (or DREP), which is a DeFi credit protocol. In essence, it's a blockchain connector and toolkit that supports one-click deployment of cross-chain dApps and offers gamification tools. The protocol consists of the DREP Chain, a reputation protocol layer, a decentralized ID system, the DREP Client wallet, the DREP SDK, and the DREP Game SDK. The main aim of DREP is to develop an open data ecology on blockchain technology.
If you want to see the current DREP price, take a look at the DREP price chart featured above.
The DREP Chain supports smart contracts based on the Ethereum Virtual Machine and WebAssembly. Besides that, it employs a dual-layer structure, which means that DREP consists of the root chain and fully-customizable sub-chains. In terms of the consensus mechanism utilized by DREP, it employs the Delegated Proof-of-Stake (DPoS). Thus, DREP has a network of delegates who validate and create new blocks. Delegates are elected by DREP token holders.
Additionally, it’s important to note that DREP improves its data processing capabilities by employing the Smart Pipeline. It allows nodes to transmit real-time smart contract data to external applications and, once the computation gets completed, the results are transferred back to the blockchain.
Use Cases of DREP Tokens
The core of the entire DREP crypto project is the DREP coin. Essentially, it's utilized as a form of payment. DREP covers transactions between sub-chains, gas fees, exchanging of DREP in-game assets, and any other operation within the platform. Besides that, it’s an access token, since it is needed to access DREP’s products. Additionally, it's also used for staking, which is necessary if a user wants to be a part of the DPoS consensus mechanism.
If you’re interested in purchasing DREP coins, do keep in mind that the DREP price tends to get quite volatile. However, you can monitor all DREP value changes on the aforementioned DREP price chart.
What's Drep (NEW) trading volume in the last 24 hours?
DREP has a trading volume of $2,691 in the last 24 hours.
What's Drep (NEW) highest price ever?
DREP has a highest price of $3.38, which was reached on Apr 09, 2021 (3 years 11 months ago).
What's Drep (NEW) lowest price ever?
DREP has a lowest price of $0.0020, which was reached on Mar 11, 2025 (3 weeks 1 day ago).
What are the best exchanges for buying and selling DREP?
Currently, the most active and dominating exchanges for buying and selling Drep (NEW) are Binance, Kraken & Kucoin. The most popular Drep (NEW) trading pairs are DREP/USDT
(on
Gate.io
).
Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for keeping DREP?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Drep (NEW). For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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