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Steem

STEEM/USD #668 Crypto
$0.0486−0.81%24h
24h Range
$0.0481$0.0510

STEEM to USDT Converter

1 STEEM = 0.048689 USDT · updated 06:21 UTC

Volume Bubbles Chart (1h)

Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.

Seasonal Chart

Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.

Steem Markets

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Steem Historical Data

About Steem (STEEM)

Steem (STEEM) is the liquid base asset of the Steem blockchain, a network built around social applications, user-generated content and community rewards. The project’s July 2025 whitepaper distinguishes liquid STEEM from Steem Power (SP) and Steem Dollars (SBD), which have different roles in the economy. Steem uses witnesses rather than proof-of-work miners to produce blocks. FMchart displays STEEM market history separately from those protocol mechanics, so a price move should not be mistaken for a change in network rules.

A blockchain shaped around social activity

Steem was designed for applications where people publish posts, comment, curate content and build communities. Its reward system can distribute newly issued assets to contributors and curators according to protocol rules, rather than requiring every app to invent a separate payment rail. Steemit is one application using the chain, not the blockchain itself; other developers can build their own interfaces and services on Steem. This distinction matters when evaluating adoption: one app’s audience does not represent every use of the underlying network.

STEEM, Steem Power and SBD

The three asset names are related but not interchangeable. STEEM is the transferable currency used for payments and exchange trading. Users can commit STEEM through a vesting process to receive Steem Power, a balance that supports influence in content voting and access to network resources. Steem Dollars (SBD) is a separate token in the protocol’s economic design. Vesting and conversion rules affect when value can become liquid, so a wallet’s displayed balance may include assets that behave differently from exchange-traded STEEM.

Witnesses, bandwidth and Resource Credits

Steem uses delegated proof of stake, in which elected witnesses produce blocks. The network also meters activity through Resource Credits, which replenish over time and are associated with an account’s Steem Power. Operations such as posting, commenting, voting and transferring consume resources. This design differs from a simple fee-per-transaction model: an account’s available resources and vesting position can influence how frequently it can interact. Developers should consult the current API documentation before building tools around these mechanics.

Rewards and economic trade-offs

The protocol’s reward allocation links content creation, curation and long-term participation. That structure can encourage useful contributions, but reward outcomes depend on community behaviour and protocol parameters rather than guaranteeing income to any account. New token issuance and conversion between STEEM, SP and SBD can also affect circulating supply and market expectations. Historical descriptions of reward percentages may become outdated after protocol changes, so current documentation is more reliable than copying old tokenomics summaries into a present-day assessment.

Reading STEEM on FMchart

Use the chart to compare timeframes, identify historical volatility and examine whether price moves coincide with changes in trading activity. FMchart’s composite view combines supported market sources, so it is a reference series rather than a promise that every venue will offer the same executable price. Pair price observations with dated Steem release notes, governance discussions and application activity. A chart alone cannot show whether users are posting more, whether rewards are distributed fairly or whether a network change has improved the experience.

Sources: Steem: An incentivized, blockchain-based, public community network (Steem whitepaper, July 2025), Powering Communities and Opportunities – FAQ (Steem), Calculating RC costs (Steem Developer Portal)

Last reviewed: Oct 10, 2026

Steem (STEEM) FAQ

What is Steem Power?

Steem Power is STEEM committed through the protocol’s vesting process. The vested balance is not freely transferable like liquid STEEM, and it can affect content-vote influence and the account’s available network resources. The amount and timing of conversion back to liquid STEEM follow protocol rules, so readers should check the current documentation before treating SP as immediately spendable.

How does Steem reward content?

Steem’s reward design allocates tokens around content creation and curation, with protocol rules determining how rewards are divided. Voting weight and account participation can influence distribution, but a post is not guaranteed a payout. Rewards depend on community behaviour, parameters and the state of the network, so historical reward rates should not be treated as a fixed income schedule.

What is the difference between STEEM and SBD?

STEEM is the liquid base currency of the Steem blockchain, while Steem Dollars (SBD) is a separate protocol asset. Steem Power is another distinct balance created through vesting. Because these assets have different functions and conversion rules, a combined wallet value may not be equivalent to an exchange balance in liquid STEEM. Check the asset label and current protocol documentation.

Does Steem use proof of work?

Steem uses delegated proof of stake and witnesses to produce blocks rather than relying on proof-of-work miners. The network also applies Resource Credits to operations such as posting, commenting, voting and transfers. This means account resources and vesting can affect usage. A chart of STEEM’s market price does not show witness performance or an account’s remaining Resource Credits.

What are Resource Credits on Steem?

Resource Credits are non-transferable network resources consumed by account operations and replenished over time. The Steem developer portal explains that the available amount is related to Steem Power and that insufficient credits can prevent an operation. They are not the same as a token balance or exchange fee. Developers should use current API references when calculating resource needs for applications.

Is Steemit the same as Steem?

No. Steem is the blockchain and its protocol assets, while Steemit is one social application built on that network. Other teams can create applications that use Steem’s account, content and transaction infrastructure. Activity on one front end therefore does not represent all activity on the chain, and a project announcement about Steemit should not automatically be treated as a protocol-wide change.

What can a STEEM price chart tell me?

A chart can show historical prices, changes over a chosen timeframe and available market activity. It cannot tell you whether a particular account is earning content rewards, how much Steem Power it has or whether the network’s social applications are growing. For a fuller picture, compare market history with dated protocol updates and activity data, keeping the data sources and time windows consistent.

What risks should readers consider with STEEM?

STEEM’s market price can be volatile, while vesting and conversion rules can affect liquidity for balances held as Steem Power. Reward outcomes also depend on protocol rules and community behaviour rather than guaranteed payouts. Network activity and application popularity may change over time. Readers should distinguish liquid tokens from vested balances and verify current documentation before relying on historical economic descriptions.

What is the all-time high for STEEM?

FMchart lists STEEM's all-time high as $8.19, reached on Jan 2, 2018. This historical peak is a reference point, not a target or forecast. Different data providers may report different highs because of exchange coverage, price aggregation and the start of available history. Check the chart timeframe and market-data methodology before comparing the peak with a current quote.

How has STEEM performed over its available FMchart history?

FMchart’s composite history for Steem provides a dated record of market prices across supported sources. The available history can differ from individual exchange listings, so check the chart’s start date and timeframe before comparing returns. Historical performance is descriptive, not predictive, and cannot prove that the project’s current utility or user activity has increased.