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Polkadot's dotUSD supply bug fixed; DOT price dips below $1 amid governance moves.

Protocol Fundamentals
28 Oct 2026, 13:10 WIB
Tokenpost
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Bearish
Polkadot's dotUSD supply bug fixed; DOT price dips below $1 amid governance moves.

Polkadot's Technical Fellowship found and fixed a bug that incorrectly reduced the recorded supply of dotUSD tokens on Asset Hub by about 4.06 million, though user wallets were unaffected. This bug caused a liquidity imbalance, costing the Polkadot Treasury an estimated $1.3 million due to arbitrage activity. Meanwhile, DOT's price fell below $1 on October 27, down roughly 13% from the previous week. OpenGov referendum 1961 aims to recalculate dotUSD supply and adjust Snowbridge bridge settings, with the decision still pending as of October 28. These developments come as Polkadot shifts staking and governance functions to Asset Hub, signaling ongoing network upgrades.

As of Oct 28, 2026 17:21 WIB, Polkadot's DOT trades at Rp18.505 on Pluang, showing a 1-day gain of 4.01%. Despite the recent price dip below $1 reported in the news, DOT's market cap on Pluang stands at Rp31.46 trillion with a 24-hour trading volume of Rp1.45 trillion. The platform data also shows a strong buy interest with 96% of orders on Pluang being buy orders, and typical hold time is 122 days.

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