About Celsius
For crypto to continue to spread and gain traction we’ve got to bring the next 100m people into the crypto community. In order to do that, real products built by real teams have to provide real utility to the public. We’re building Celsius to bring a new wave of financial products to the market designed, for the first time, to always do what’s in the best interest of its members instead of trying to make as much profit as possible. Members will be able to borrow USD against their crypto holdings in their wallet which will be used as collateral. Our goal is to allow anyone who’s in need of cash to easily borrow from the Celsius platform without having to sell their crypto holdings. In the future, through the Celsius Network, cryptocurrencies deposited by members into their Celsius Wallet will be available on the network for immediate borrowing and shorting.
Trading Insights
Searched
5
Market Stats
Market Cap
£1.07M
-7.59%
FDV
£1.07M
Circ. Supply
38M CEL
Max Supply
Not enough data
Total Supply
38M CEL
Diluted Valuation
£1.02M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£164.41K
-1.55%
Volume (7D)
£1.28M
Volume (30D)
£5.26M
All time high
£6.11
Price Change (1Y)
-82.76%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Celsius has decreased by 2.54% in the last hour and decreased by 7.51% in the past 24 hours. Celsius’s price has also fallen by 6.44% in the past week. The current price is £0.0285 per CEL with a 24-hour trading volume of £164.41K. Currently, Celsius is valued at 99.53% below its all time high of £6.11. This all-time high was the highest price paid for Celsius since its launch.
The current circulating supply of Celsius is 37,720,111 CEL which means that Celsius has as total market cap of £1,073,530.38.
Market details
CEL vs markets
↘ 88.89%
CEL vs BTC
↘ 89.17%
CEL vs ETH
↘ 88.58%
Tags
defi
lending-borowing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xaaAEBE6Fe48E54f431b0C390CfaF0b017d09D42d | |
Solana | nRtfwU9G82CSHhHGJNxFhtn7FLvWP2rqvQvje1WtL69 | |
Gnosis | 0x0aCD91f92Fe07606ab51EA97d8521E29D110fD09 | |
Fantom | 0x2C78f1b70Ccf63CDEe49F9233e9fAa99D43AA07e |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0285 | ↘ 7.51% |
1 Day | £0.0307 | ↘ 7.51% |
1 Week | £0.0300 | ↘ 6.44% |
1 Month | £0.0449 | ↘ 38.30% |
1 Year | £0.17 | ↘ 82.76% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Celsius (CEL) is a platform that allows users to trade currency against the cryptocurrency and yield interest. The platform aims to disrupt the financial industry, provide curated services to the users, abandoned by the banks like equitable interest, zero fees and quick transactions, and help users achieve financial independence through crypto. The platform seeks to develop a community of lenders and borrowers, replace Wall Street with blockchain, and provide benefits to the members of the ecosystem.
The platform believes that traditional financial institutes should not control the flow of credit to users across the globe. Hence, the platform utilizes a consensus-based, proof-of-stake mechanism that seeks to allow users to lend, vouch, or borrow from each other. Thus, the platform aims to create a self-governing solution for users involved in the credit ecosystem. The platform aims to allow users to borrow currency through a community pool by utilizing their crypto assets as collateral to achieve the aim.Also, the platform seeks to bring transparency of decentralized finance into the central company by sharing information with the community through the blockchain.
CEL is the official token of the platform that users can utilize to secure loans in traditional currency by using crypto as collateral. The members who place the coins in the Celsius walletscan acquire CEL tokens as rewards for lending on the network. CEL seeks to allow users to access utilities like the ability to pay interest on the loans at discounts, and the user enjoys access to the platform and community. Furthermore, the platform seeks to allow users to lend cryptocurrencies to acquire interest, achieve a senior place in the community that impacts the interest gained, and interest rewards on the crypto lending.
The platform has a strong community of 1 million users. The users can earn up to 17% yield on their assets and can borrow currency at 1% on the platform. Further, the platform seeks to give out new coins every week to users.
The Celsius network was founded in 2017. The initial whitepaper of the platform was released in Q3 of 2017. The leadership team of the platform includes Alex Mashinsky, cofounder, chairman, and CEO; S. Daniel Leon, cofounder and chief strategy officer; Nuke Goldstein, cofounder and CTO; and Roni Cohen-Pavon, chief revenue officer.
Celsius news
Trending articles
Social stats
Popularity in posts
#793
Contributors
222
Posts
222
% About Celsius
0.034%
Articles
1
Hold times
0 days
X (Twitter)
16.85% bullish
Sentiment
3.0 ★
Highlights
222 unique individuals are talking about Celsius and it is ranked #793 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Celsius has an average sentiment score of 3.0 out of 5. Finally, Celsius is becoming less newsworthy, with 1 news articles published about Celsius.
On Twitter, people are mostly neutral about Celsius. There were 24.23% of tweets with bullish sentiment compared to 43.81% of tweets with a bearish sentiment about Celsius. 75.77% of tweets were neutral about Celsius. These sentiments are based on 279 tweets.
On Reddit, Celsius was mentioned in 622 Reddit posts and there were 1123 comments about Celsius. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.