What is Steem (STEEM)?
Steem is a cryptocurrency that rewards users for community building by posting and upvoting valuable content for others. Steem was inspired from the success of Reddit where the community helped enrich the shareholders. Steem aims to help distribute the rewards to the community members who help create the community in the first place. Steem aims to provide various services to its members such as a source of curated news, Q&A, job boards etc. The founders of Steem came from BitShares with Dan Larimer involved as well.
How does Steem work?
Steem’s main platform, called Steemit, is a social media network built on top of the Steem blockchain. Steemit is similar to popular content-driven social networks like Reddit and Medium, but it rewards users with cryptocurrency for their participation. Fundamentally, the more value a particular piece of content provides to a greater number of people, the more the individuals responsible for creating and curating that content can earn. Users cast votes, creating a hierarchy of content. The more upvotes a post gets, the more it will earn.
What is Steem used for?
The platform also allows for downvotes, giving participants more flexibility when it comes to rating content. Steemit is meritocratic, meaning users that hold more currency can cast votes with greater influence. The Steemit community even has another service to offer to its customers. D.tube, which is considered to be very similar to YouTube, is Blockchain based and the users can realize the difference between the traditional video publishing websites and D.tube, as the amount of money earned is also displayed beside the post apart from likes shares and comments.
Where can you buy Steem?
Steem (STEEM) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for STEEM sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting STEEM, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Steem (STEEM)?
The reported 24-hour trading volume of Steem is $3.92M. Volume is a live reading of how much STEEM changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Steem (STEEM)?
Steem reached an all-time high of $8.19 on January 3, 2018, and an all-time low of $0.0450 on February 6, 2026. It is currently trading -99.29% from its peak and +29.19% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where STEEM sits in its long-run price range.
What is the market cap of Steem (STEEM)?
Steem's market capitalization is currently $31.81M, and it is ranked #691 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (547.31 million STEEM are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Steem (STEEM)?
The fully diluted valuation (FDV) of Steem is $31.81M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Steem compare against its peers?
Over the past 24 hours, Steem has moved -1.54%. Over the past seven days, the change is -1.71%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether STEEM is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Steem against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Steem?
Like any crypto asset, the right way to store STEEM depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
