Compound Dai (CDAI) is not tradable on Coinbase.
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Compound Dai Price (CDAI)
Market stats
Compound Dai is on the rise this week. ↗
The price of Compound Dai has decreased by 0.51% in the last hour and increased by 0.03% in the past 24 hours. Compound Dai’s price has also risen by 0.50% in the past week. The current price is $0.0241 per CDAI with a 24-hour trading volume of $226.21. Currently, Compound Dai is valued at 0.62% below its all time high of $0.0242. This all-time high was the highest price paid for Compound Dai since its launch.
The current circulating supply of Compound Dai is 1,154,773,433.13 CDAI which means that Compound Dai has as total market cap of 1,154,773,433.13.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
$27.8M
Volume (24h)
$226.21
Circulating
1.2B CDAI
All time high
$0.0242
Price change
1 hour
↘ 0.51%
1 day
↗ 0.03%
1 week
↗ 0.5%
2 weeks
↗ 0.47%
1 month
↗ 0.95%
1 year
↗ 6.57%
1 year benchmarks
Performance
↗ 6.58%
Vs. Market
↘ 46.95%
Vs. BTC
↘ 51.12%
Vs. ETH
↘ 28.42%
About Compound Dai
FAQ
Compound Dai is an algorithmic, autonomous interest protocol created for developers to unlock a range of open finance applications. The Compound is described as a protocol on the Ethereum blockchain that builds asset bundles based on the supply and demand of assets, which are pools of assets with algorithmically derived yield rates. Suppliers (and borrowers) of assets interact directly with the protocol to earn (and pay) variable rates without negotiating maturities, rates, or collateral with peers or counterparties.
Unlike exchanges or peer-to-peer platforms, where a user's assets are matched and lent to another user, the Compound protocol aggregates each user's supply; it becomes a fungible resource when a user provides an asset. Compound allows users to borrow from the protocol frictionlessly using tokens as collateral for use anywhere in the Ethereum ecosystem. Unlike peer-to-peer protocols, borrowing Compound requires the user to only specify the desired asset; there are no negotiated terms, maturity dates, or funding periods; borrowing is instant and predictable.
Compound starts with centralized control of the protocol, and it aims to transition over time to full community and stakeholder control. The administrator controls the following permissions in the protocol:
Robert Leshner founded the Compound Finance platform. The first version of the whitepaper of CDAI was released in February 2019.
We update our Compound Dai to USD currency in real-time. Get the live price of Compound Dai on Coinbase.
The current market cap of Compound Dai is $27.80M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Compound Dai is $0.0242. This all-time high is highest price paid for Compound Dai since it was launched.
Over the last 24 hours, the trading volume of Compound Dai is $226.21.
Assets that have a similar market cap to Compound Dai include Liqwid Finance, YouCoin, Sanji Inu, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Compound Dai is 1.2 billion.
Compound Dai Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.0241 | 0.22% |
24 hours ago (December 22, 2024) | $0.0240 | 0.03% |
1 week ago (December 16, 2024) | $0.0240 | 0.50% |
1 month ago (November 23, 2024) | $0.0239 | 0.95% |
1 year ago | $0.0226 | 6.57% |
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