Today's Compound Dai Price Summary
Compound Dai's price today is $0.02 USD, with a 24-hour trading volume of $1,967 USD. CDAI is up 0.01% in the last 24 hours. Compound Dai is currently ranked #822 with a market capitalization of $35,424,863 USD.
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Ranked # 822
Price
$0.02 (0%)
All Time High
$0.03 (-25%)
Market Cap
$35,424,863
Volume (24h)
1,967
Circulating Supply
1,488,854,475 CDAI
About Compound Dai
Compound DAI or cDAI is a token with which investors can earn interest when they deposit DAI tokens on the Compound Finance lending protocol platform. Essentially, it is a token that allows investors to make interest on their deposited DAI tokens.
Decentralized Finance (DeFi) allows investors to borrow and lend crypto easily. This is a revolutionary development in the crypto market as we now have a decentralized financial ecosystem in which investors earn interest on assets that are in a relevantly safe platform.
cDAI is an ERC-20 token that operates as a part of the Ethereum blockchain. This means it could be traded, bought and sold, or used as payment with any wallet or platform compatible with the Ethereum blockchain.
We've published an in-depth guide on the Compound DAI, covering its functions and benefits, including what it is and how it works. Feel free to check it out if you are interested in learning more!
What is Compound Dai All-Time High price (ATH)?
On October 12th, 2020 09:29:00 PM, Compound Dai hit a historic high of $0.03159087 USD. It has been about 4 years ago since Compound Dai reached its peak.
What is Compound Dai All-Time Low price (ATL)?
On March 18th, 2020 04:29:40 AM, Compound Dai reached a bottoming price of $0.0072885400 USD. About 4 years ago has passed Compound Dai has seen such a low price.
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