About Cream Finance

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$0.7121

Market Stats

Market Cap

$1.33M

1.11%

FDV

$6.44M

Circ. Supply

1.9M CREAM

Max Supply

9M CREAM

Total Supply

2.9M CREAM

Total Value Locked

$1.73M

Diluted Valuation

$2.07M

Performance

Popularity

Not enough data

Dominance

0%

Volume (24H)

$2.97K

620.96%

Volume (7D)

$22.26K

Volume (30D)

$81.48K

All time high

$368.26

Price Change (1Y)

Not enough data

89.24%

Additional details

Market details

CREAM vs markets

↘ 87.9%

CREAM vs BTC

↘ 86.94%

CREAM vs ETH

↘ 89.97%

Tags

defi

dao

amm

yearn-partnerships

+2

Network & Addresses

Network
Address

Ethereum

0x2ba592F78dB6436527729929AAf6c908497cB200

Arbitrum

0xf4D48Ce3ee1Ac3651998971541bAdbb9A14D7234

BNB Smart Chain

0xd4CB328A82bDf5f03eB737f37Fa6B370aef3e888

Fantom

0x657A1861c15A3deD9AF0B6799a195a249ebdCbc6

Price history

Time
Price
Change
Today
$0.7121
-1.45%
1 Day
$0.7232
-1.45%
1 Week
$0.702
+1.44%
1 Month
$0.648
+9.90%
1 Year
$6.62
-89.24%

FAQ

Cream Finance, also known as C.R.E.A.M., is a decentralized finance (DeFi) lending protocol that aims to provide financial services to individuals, institutions, and other protocols. It is a part of the yearn.finance ecosystem and operates as a permissionless, open-source, and blockchain-agnostic protocol. Cream Finance is accessible to users on various networks including Ethereum, a major smart chain, Polygon, and Fantom. The protocol allows users to deposit assets such as Ether or wBTC to receive compensation, akin to a traditional savings account. The CREAM token, integral to the protocol, enables users to lend, borrow, stake assets, and participate in the governance of the network.

Cream Finance operates by providing liquidity to crucial DeFi assets through automated market making (AMM). This allows users to borrow and lend supported assets and receive liquidity mining compensation in the form of its CREAM token by supplying any supported asset as collateral. The platform collects swap, lending, and borrowing fees from users in return. As an ERC20 token on the Ethereum network, CREAM can run Ethereum Virtual Machines through smart contracts, enabling users to create Decentralized Autonomous Organizations (DAOs) for its community. This results in better composability, i.e., the ability to plug different financial services into each other.

Cream Finance seeks to serve a variety of use cases in the DeFi sector. It aims to list and support tokens that are important to the DeFi sector, including major stablecoins (USDT, USDC, BUSD, yCRV, etc), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and other leading cryptocurrencies such as ETH, renBTC, and LINK. Users can stake CREAM tokens for a period of up to four years to receive compensation. However, it's important to note that compensation is only given at the end of the staking period.

Cream Finance was launched unexpectedly on the Ethereum network on August 3, 2020, through the YOLO liquidity pool. In September 2020, it became operational on a major smart chain. The protocol was created as a fork of Compound Finance. The project, whose name stands for Crypto Runs Everything Around Me, was initiated by Taiwanese entrepreneur Jeffrey Huang. Huang, who also founded Mithril (MITH), a platform based on the Ethereum network, labeled himself as the “semi-benevolent dictator of CREAM” upon launch. The CREAM token has a total supply of 9 million coins, with around 150,000 currently in circulation. This number will increase as more tokens are released monthly to stakeholders and those who process transactions.

We update our Cream Finance to USD currency in real-time. Get the live price of Cream Finance on Coinbase.

The current market cap of Cream Finance is $1.329M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Cream Finance is $368.26. This all-time high is highest price paid for Cream Finance since it was launched.

Over the last 24 hours, the trading volume of Cream Finance is $2.971K.

Assets that have a similar market cap to Cream Finance include Petro Penguins, XRP Healthcare, BytomDAO, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Cream Finance is 1.9 million.

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Social stats

Popularity in posts

#2671

Contributors

0

Posts

0

% About Cream Finance

0.002%

Articles

0

X (Twitter)

0% bullish

Sentiment

5.0 ★

Highlights

0 unique individuals are talking about Cream Finance and it is ranked #2,671 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Cream Finance has an average sentiment score of 5.0 out of 5. Finally, Cream Finance is becoming less newsworthy, with 0 news articles published about Cream Finance.

On Reddit, Cream Finance was mentioned in 0 Reddit posts and there were 0 comments about Cream Finance. 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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