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$0.02210104
Low $0.02209121
High $0.02226466
What is cDAI?
Users deposit Dai into the lending platform, and Compound Finance issues cDAI in return. About 50 cDAI are needed to back up every Dai on the platform, which helps keep the price of cDAI at $.02 relatively stable over the long term. This...
Users deposit Dai into the lending platform, and Compound Finance issues cDAI in return. About 50 cDAI are needed to back up every Dai on the platform, which helps keep the price of cDAI at $.02 relatively stable over the long term. This is a time saver. cDai, on the other hand, does not serve the purpose of being a stablecoin. Instead, the value of cDai should rise over time as Compound amasses more Dai. For example, 1 Dai can currently buy 50 cDai, but this will decrease over time to 40 cDai. The 50 cDai that you bought with 1 Dai will still exist, so its value will rise. The fact that cDai is an ERC-20 token makes it a lot more useful. The tokens will no longer be restricted to Compound Finance, but will instead be able to go anywhere an ERC-20 token can.
Funds
Influencers
CoinScouts Grade
6Market Statistics
Volume
$2,933.00
Market Cap
$423,717,591.00
Fully Diluted
$423,717,578.27
Market cap Value
0.00 %
Circulating Supply
19,171,838,894
Max Supply
∞
Total Supply
19,171,838,894
% of Total Supply
(100.00%)Statistics
cDAI Statistics
Name
cDAITicker
CDAIPrice
$0.0221010424 Hour Trading Volume
$2,933.0024 Hour Volume Change
-88.35%Market cap
$423,717,591.0024 Hour Market Cap Change
0.17%Fully Diluted Market Cap
$423,717,578.27Price change 24 hour
-0.03%Price change 7 days
0.17%Price change 14 days
-0.13%Price change 30 days
0.10%All Time Low/High
$0.00728854 | $0.03159087Percentage Change Since All Time High
-30.04%Percentage Change Since All Time Low
203.23%Market cap rank
#85Volume / Market Cap
0.00001Issuance Blockchain
EthereumCirculating Supply
19,171,838,894 (100.00%)Max Supply
∞Total Supply
19,171,838,89424h Volatility
$0.00Twitter Followers
233,144Telegram Users
0Reddit Subscribers
9,138Github subs
0Github issues
0cDAI Markets
Upcoming cDAI Events
No upcoming events for cDAI known.
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