Dogecoin is a proof-of-work Layer 1 built for fast, low-cost payments and tipping. It started as a meme in 2013 and grew into one of the most widely held cryptocurrencies. Its native asset is DOGE.
Dogecoin launched in December 2013 as a light-hearted take on Bitcoin and grew into a widely used payments coin. Here is how it works and what it is used for, not the price.
Total value locked (DeFi)
n/a
Value locked in DeFi protocols on Dogecoin. Updated Jun 8, 2026. Source: DefiLlama.
Miners compete to solve a Scrypt hashing puzzle, the same algorithm Litecoin uses, and the winner adds the next block about once a minute and earns a fixed reward of 10,000 DOGE. Since 2014 Dogecoin has been merge-mined with Litecoin through auxiliary proof of work, so Litecoin miners can secure both chains at once without splitting their effort.
Consensus: Proof of Work (Scrypt)
Miners compete to solve a Scrypt hashing puzzle, the same algorithm Litecoin uses, and the winner adds the next block about once a minute and earns a fixed reward of 10,000 DOGE. Since 2014 Dogecoin has been merge-mined with Litecoin through auxiliary proof of work, so Litecoin miners can secure both chains at once without splitting their effort.
From meme to network
Dogecoin started in 2013 as a joke based on the Doge Shiba Inu meme, but it runs a real, independent blockchain that has produced blocks continuously ever since.
Scrypt and merge mining
It secures the chain with the Scrypt proof-of-work algorithm and, since 2014, is merge-mined with Litecoin, so Litecoin miners can mine Dogecoin at the same time and lend it their hashpower.
Steady, uncapped issuance
There is no maximum supply. A fixed 10,000 DOGE is created with every block, so new coins are added at a constant rate and the percentage inflation declines over time.
Built for spending
Roughly one-minute blocks and very low fees suit tips, small payments and everyday transfers rather than long-term scarcity.
Ecosystem & usage
What Dogecoin is used for.
DOGE is used mainly as a medium of exchange for tipping, community fundraising and low-cost payments rather than as a base for DeFi or smart contracts.
Tipping and micropayments
Send small amounts quickly and cheaply, the use that made Dogecoin popular in online communities.
Peer-to-peer transfers
Move value between people with about one-minute confirmations and minimal fees.
Merchant payments
Accept DOGE for goods and services through payment processors that support it.
In Zypto App
Hold, swap and spend DOGE.
Dogecoin is integrated in Zypto App. Hold DOGE in self-custody, swap it to any supported asset, and use it across Zypto’s features.
It is a real, independent proof-of-work Layer 1 that has run continuously since 2013. It began from a meme but operates its own network, ledger and mining.
Does Dogecoin use mining or staking?
It uses proof-of-work mining with the Scrypt algorithm. Since 2014 it has been merge-mined with Litecoin, so Litecoin miners can secure both chains at the same time.
Does Dogecoin have a supply limit?
No. A fixed 10,000 DOGE is issued with each block and there is no maximum supply, so new coins are added at a steady rate while the inflation rate falls over time.
How fast and cheap are Dogecoin transactions?
Blocks are produced about once a minute and fees are typically a small fraction of a cent.
Can I hold DOGE in Zypto App?
Not yet. DOGE isn't in Zypto App at the moment. You can hold it in any self-custodial wallet, and you can ask us to add Dogecoin using the "Request Dogecoin" button above.
