Compound Dai icon Compound Dai
Price Chart and CDAI News

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Compound Dai icon

Ranked # 575

Price

$0.02 (0%)

All Time High

$0.03 (-28%)


Market Cap

$71,827,398

Volume (24h)

2,944

Circulating Supply

3,147,949,189 CDAI

Today's Compound Dai Price Summary

Compound Dai's price today is $0.02 USD, with a 24-hour trading volume of $2,944 USD. CDAI is down -0.05% in the last 24 hours. Compound Dai is currently ranked #575 with a market capitalization of $71,827,398 USD.

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 3 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 3 years ago has passed Compound Dai has seen such a low price.

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