cDAI
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cDAI in numbers
It belongs to the DeFi sector (Synthetic Assets). It has traded since Feb 11, 2020, across 27 markets on 1 exchanges, with $24.80 of volume in the last 24 hours. Its all-time high of $0.0287639 was reached on Sep 10, 2020; the current price is 13.2% below that peak. Its cycle low of $0.0131949 came on Apr 27, 2024.
268.48M CDAI are in circulation.
About cDAI
cETH (or Compound Ether) is a type of cToken used in the Compound Protocol, a decentralized finance protocol that allows for the lending and borrowing of cryptocurrencies. cETH is a tokenized representation of ETH given to a user that has supplied ETH to the Compound protocol as collateral. These cTokens tokens are used to track the lending and borrowing activities of the user within the protocol and allow them to continue earning fees while also maintaining the liquidity of the supplied asset.

