| General information | |
|---|---|
| Global rank: | 3644 |
| Name: |
Compound Ether |
| Symbol: | CETH |
| Current coin price (ETB): | 11 546.32 Br |
| Last hour: | arrow_upward0.980 % |
| Last 24 hours: | arrow_upward5.01 % |
| Last 7 days: | 21.25 %trending_up |
| Capitalisation (ETB): | 0.000000 Br |
| Volume 24h (ETB): | 17 084 948.14 Br |
| Available supply: | 0.000000 CETH |
| Total coin supply: | 18 309 155.00 CETH |
| Algorithm: | ETH Token |
| Start date: | 07/05/2019 |
Compound Ether/Ethiopian Birr (CETH/ETB) price chart
Compound Ether/Ethiopian Birr (CETH/ETB) capitalisation and volume charts
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.