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M. Cap: $2.38 T -0.90%24h Vol: $103.94 B -5.22%BTC: $64,125.21 -0.78%ETH: $3,131.20 -1.14%S&P 500: $5,049.28 -0.46%Gold: $2,329.47 0.47%BTC Dominance: 52.95%
  • #559

cDAI CDAI

CDAI Price

$0.023224.46%
Price Range--
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Market Cap 

$66.61 MRank #559

FDV 

$66.61 MRank #3353

Investors

Twitter Followers

Twitter Performance

1815Rank by Twitter #158
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OverviewExchangesFundraisingVesting

Detailed Performance

SentimentNeutral

CDAI shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
CDAI/USD
-0.31%4.46%3.29%-0.34%2.65%8.03%
CDAI/BTC
0.15%5.28%0.24%9.14%-36.10%-52.24%
CDAI/ETH
0.20%5.66%-0.45%14.71%-27.42%-35.67%
CDAI/DeFi
1.40%7.49%-3.55%47.44%-12.05%-39.10%
CDAI/Backed Tokens
-0.20%3.76%7.52%-7.27%-6.20%8.93%

CDAI to USD Converter

CDAI

Price History

All-Time High
$0.03177
1.37x to ATH
All-Time Low
$0.00729
3.19x to ATL
Trade Launch Date
15 Dec, 2019
1593 days ago

Exchanges

Exchanges type

Uniswap (v3)
CDAI/DAI
$0.0224$870.81100.000%3h ago

About CDAI

cDAI refers to the "cToken" equivalent of DAI, which is the stablecoin issued by the MakerDAO protocol. cDAI stands for Compound DAI and represents the tokenized version of DAI that can be used within the Compound protocol. When DAI is deposited into the Compound protocol, it is converted into cDAI, which allows users to earn interest on their DAI holdings. The interest earned is automatically added to the cDAI balance, increasing the value of the holdings over time. cDAI can also be used as collateral for borrowing other assets within the Compound protocol or traded on decentralized exchanges like Uniswap.

What makes cDAI unique?

cDAI is unique compared to other cryptocurrencies because it is a tokenized version of Dai that is specifically designed for use on the Compound platform. Unlike other cryptocurrencies, cDAI represents a claim on the interest that is earned from lending out Dai on Compound. This means that as time goes on, the value of cDAI increases as the interest compounds. Additionally, cDAI can be easily used in other DeFi protocols, allowing users to leverage their holdings and participate in various financial activities.

Live cDAI Price Data

The current price of cDAI (CDAI) is approximately $0.02322, reflecting a increase of 4.46% in the last 24 hours. The CDAI trading volume in the last 24 hours stands at $868.79. cDAI's market cap is currently $66.61 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of CDAI is 2.87 billion.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand cDAI's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on CDAI, check out our crypto insights page.

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