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Compound Dai (CDAI) price
Compound Dai (CDAI) live price in US dollar (USD). View value statistics, market cap and supply.
CDAI price chart
|
Price to USD
| 24h change |
|---|---|
$
0.02165
|
+0.04%
|
Convert CDAI to USD
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CDAI value statistics
An overview showing the statistics of Compound Dai, such as the base and quote currency, the rank, and trading volume.
 | Price to USD | $ 0.02165 | |
|---|---|---|---|
 | Price to BTC | 0.000000450 BTC | |
 | Rank | 40 | |
 | 24h volume | $ 57.08 million | |
 | Market cap | $ 4.63 billion | |
| Fully diluted market cap | $ 4.63 billion | |
 | All-time high (daily avg.) | $ 0.0500 | on 4/26/2021 |
Supply information
View the total and circulating supply of Compound Dai, including details on how the supplies are calculated.
| Circulating supply | 213.69 billion CDAI |
|---|---|
| Total supply | 213.69 billion CDAI |
| Smart contract address | 0x5d3a536e4d6dbd6114cc1ead35777bab948e3643 |
| Issuance blockchain | Ethereum |
What is Compound Dai
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.
Edit information
Edit or add information about Compound Dai (CDAI).