Total Coins 4668, Coins available on exchanges 3101

Compound Ethereum
CETH $8.1320

Price % High24hr Low24hr Volume MarketCap Supply LastMarket ProofTypeAlgorithm StartDate
$8.1320 0.00% $8.1320 $8.1320 $8,344,021.52 $159,147,185 19,570,534 compound N/AN/A 2019-05-07
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Description from

Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset (such as Ether, an ERC-20 stablecoin such as Dai, or an ERC-20 utility token such as Augur), and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.

cETH is the Compound's wrapped version of Ethereum and it's available on the Compound platform.

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