About Compound Dai
Compound protocol balance token
Trading Insights
Searched
1
Market Stats
Market Cap
£16.23M
-1.57%
FDV
Not enough data
Circ. Supply
880M CDAI
Max Supply
Not enough data
Total Supply
880M CDAI
Diluted Valuation
£16.26M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£852.75
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.0185
Price Change (1Y)
4.71%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Compound Dai has decreased by 0.02% in the last hour and increased by 0.01% in the past 24 hours. Compound Dai’s price has also risen by 0.02% in the past week. The current price is £0.0184 per CDAI with a 24-hour trading volume of £852.75. Currently, Compound Dai is valued at 0.11% below its all time high of £0.0185. This all-time high was the highest price paid for Compound Dai since its launch.
The current circulating supply of Compound Dai is 880,179,510.403 CDAI which means that Compound Dai has as total market cap of £16,234,638.73.
Market details
CDAI vs markets
↘ 40.47%
CDAI vs BTC
↘ 40.74%
CDAI vs ETH
↘ 34.91%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5d3a536E4D6DbD6114cc1Ead35777bAB948E3643 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0184 | ↗ 0.01% |
1 Day | £0.0184 | ↗ 0.01% |
1 Week | £0.0183 | ↗ 0.02% |
1 Month | £0.0184 | ↗ 0.13% |
1 Year | £0.0179 | ↗ 4.71% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Compound Dai is an algorithmic, autonomous interest protocol created for developers to unlock a range of open finance applications. The Compound is described as a protocol on the Ethereum blockchain that builds asset bundles based on the supply and demand of assets, which are pools of assets with algorithmically derived yield rates. Suppliers (and borrowers) of assets interact directly with the protocol to earn (and pay) variable rates without negotiating maturities, rates, or collateral with peers or counterparties.
Unlike exchanges or peer-to-peer platforms, where a user's assets are matched and lent to another user, the Compound protocol aggregates each user's supply; it becomes a fungible resource when a user provides an asset. Compound allows users to borrow from the protocol frictionlessly using tokens as collateral for use anywhere in the Ethereum ecosystem. Unlike peer-to-peer protocols, borrowing Compound requires the user to only specify the desired asset; there are no negotiated terms, maturity dates, or funding periods; borrowing is instant and predictable.
Compound starts with centralized control of the protocol, and it aims to transition over time to full community and stakeholder control. The administrator controls the following permissions in the protocol:
Robert Leshner founded the Compound Finance platform. The first version of the whitepaper of CDAI was released in February 2019.
We update our Compound Dai to GBP currency in real-time. Get the live price of Compound Dai on Coinbase.
The current market cap of Compound Dai is £16.23M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Compound Dai is £0.0185. This all-time high is highest price paid for Compound Dai since it was launched.
Over the last 24 hours, the trading volume of Compound Dai is £852.75.
Assets that have a similar market cap to Compound Dai include TenX, Dentacoin, Polymath, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Compound Dai is 880 million.
Social stats
Popularity in posts
#3792
Contributors
25
Posts
60
% About Compound Dai
0.005%
Hold times
0 days
X (Twitter)
89.89% bullish
Sentiment
4.4 ★
Highlights
25 unique individuals are talking about Compound Dai and it is ranked #3,792 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Compound Dai has an average sentiment score of 88 out of 5. Finally, Compound Dai is becoming less newsworthy, with 0 news articles published about Compound Dai.
On Twitter, people are mostly bullish about Compound Dai. There were 95.11% of tweets with bullish sentiment compared to 5.8% of tweets with a bearish sentiment about Compound Dai. 4.89% of tweets were neutral about Compound Dai. These sentiments are based on 60 tweets.
On Reddit, Compound Dai was mentioned in 0 Reddit posts and there were 0 comments about Compound Dai. 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.