CDAI
Compound Dai Rank 4754
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0 CDAI
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Compound Dai
Compound Dai Price $ 0.0230
$ 0.0230
Compound Dai 24h Vol
$20,795
$20,795
Compound Dai Market Cap $0
$0
24h Vol
29,054,734 BTC 1 H
0 %
24 H
-0.14 %
7 d
-0.14 %
Today Compound Dai price in US dollars is currently
0.0230
USD, and if converted to Bitcoin is
32.12
BTC. A total of N/A are currently circulating in the Market. Compound Dai price is currently experiencing a change of -0.14 %, and check here all cryptocurrency. Over the past 24 hours 0.000 M US dollars Compound Dai have been traded on Crypto Exchanges. Get Compound Dai's progress by adding it to your favourites and creating a free portfolio.
Full Name
Compound Dai
Symbol
CDAI
Algorithm
ETH Token
BTC Price
32.12 BTC
BTC Market
0 BTC
BTC 24h Vol
29,054,734 BTC
Total Coins Mined
0 CDAI
1h
0 %
24h
-0.14 %
7d
-0.14 %
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Description
Description
Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.
cDAI is the Compound's wrapped version of Multicollateral DAI and it's available on the Compound platform.
