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.
cUSDC is the Compound's wrapped version of USDC and it's available on the Compound platform.
Market share | 0.00% |
Proof type | — |
24h Open | $0.02 |
24h Low | $0.02 |
24h High | $0.02 |
Price in BTC | 0.00000022781776 BTC |
Current Supply | 4,154,003,712 CUSDC |
Total Supply | 1,565,005,056 CUSDC |
Market cap | $98,022,552 |
24h Volume (coin) | 7,024 CUSDC |
24h Volume (currency) | $166 |
24h Total volume (coin) | 0 CUSDC |
24h Total volume (currency) | $0.00000000 |
Last updated | 2024-03-03 09:43:07 +00:00 GMT |
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Date | Price | Volume |
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