The Dragon Miraculous provides its wielder superhuman characteristics of strength, agility, durability, and most notably, speed. The Dragon Miraculous' special weapon is a red sword with black leather handle. It has a circle which separates the blade from the handle. In it are three tear drop shapes colored light pink, blue, and yellow. There are two golds spikes protruding from the circle heading upwards.
Its special superpower allows the wielder to transform into one of three elements, water, wind, or lightning. So long as the superpower is not used the wielder can sustain the transformation indefinitely, however, once all three elemental transformations are used the user will only have about five minutes before they transform back.
The Dragon Miraculous' powers are based on the classical elements (water, fire, and air), though the Miraculous doesn't have any power related to the earth element.
Unlike the other Miraculouses, whose use of one's power leads to them start losing power, causing the holder's detransformation, the Dragon Miraculous, because it has three different powers, will only start losing energy once the three powers are used.
The Dragon Miraculous is one of the few Miraculous whose transformation phrase does not directly relate to the animal it is based on; instead, they are based on its elemental/weather powers and the association of Eastern dragons with weather.
During the special "Battle of the Miraculous", the Dragon Miraculous, because it was in Marinette's possession, was the only Miraculous of the Miracle Box, except for the Ladybug, Cat, Turtle, Butterfly, and Peacock Miraculouses, to not fall in Hawk Moth's possession (the later two having already in his Possession).
Despite the Turtle Miraculous also didn't fall in Hawk Moth's possession, its holder was captured by the villain, causing him to possess it indirectly.