Compound Ether
Price
$50.49 (1%)
All Time High
$97.75 (-48%)
Market Cap
$182,622,341
Volume (24h)
210
Circulating Supply
3,616,650 CETH
Compound Ether's price today is $50.49 USD, with a 24-hour trading volume of $210 USD. CETH is up 0.60% in the last 24 hours. Compound Ether is currently ranked #296 with a market capitalization of $182,622,341 USD.
Compound Ether is a Decentralized Finance (DeFi) protocol founded by Robert Leshner and Geoffrey Hayes in 2018 after raising over $8 million in funding from venture capital firms, plus an additional $25 million in 2019 from some of the same and new investors.
cETH is the cToken generated by the Compound protocol when a user deposits ETH in a pool. This cETH token can be redeemed by its holder for the totality of the deposited tokens plus the generated interest over time, making every cETH more valuable than the ETH used to create it.
Compound Ether was launched with a single purpose in mind: Giving its users the capability to trade the time value of assets. This means creating an ecosystem that allows harvesting the earning potential of a user’s cryptocurrency holdings.
To learn more about Compound Ether, checkout out our in-depth article titled What is Compound Ether
On November 21st, 2021 12:39:57 PM, Compound Ether hit a historic high of $97.75 USD. It has been about 3 years ago since Compound Ether reached its peak.
On March 13th, 2020 02:22:33 AM, Compound Ether reached a bottoming price of $1.89 USD. About 5 years ago has passed Compound Ether has seen such a low price.
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