|24h High||24h Low||All-Time High||ATH Date||All-Time Low|
|Country of Origin||US|
|Genesis Date||26th October 2020|
|Max Coin Supply||71,025,450,491|
cDAI (cdai) is a digital asset ranked as #20 in BitCourier Cryptocurrency List with market capitalisation of £1.14 Bn. Pound Sterling. In the last 24 hours cDAI's trading volume exceeded £3.58 M.
Current price - £0.0160 GBP. Exchange rate cdai to USD is $0.02 for one coin.
During the last calendar year cDAI price was volatile and had both periods of growth and decline. In particular in the last 7 days the price changed by -0.92%. (cdai)'s peak price (All-time high) was £0.02 per coin, this point was reached on 12th October 2020 . From that moment till today cDAI has lost -33.70% in value.
Ratings by crypto community, developers and liquidity are 36.593, 0.000, 53.363.
cTokens are a a special unit of account for the DeFi Compound protocol. When a user locks his or her cryptocurrency on the protocol, cTokens are minted by the smart-contract and used to account the funds that users have lent, as well as any interest earned.
Each time a user supplies funds to the Compound lending pool, they are issued a corresponding balance in cTokens. This balance of cTokens is directly proportional to the stake they have in the lending pool, which accrues interest over time.
Each asset has its own cToken; for example, if a user lends DAI to the protocol, they will receive a corresponding balance of cDAI.