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Cap (CAP) is ranked #234 by market capitalisation, at $136.2M. Circulating supply: 1.56B CAP, out of a maximum supply of 10B. The price is 1.2% below its all-time high of $0.08855. Categories: Decentralized Finance (DeFi), BNB Chain Ecosystem, Lending/Borrowing Protocols, Ethereum Ecosystem.
Cap is a covered credit application consisting of a digital dollar, a credit platform, and a financial guarantee market to underwrite individual loans. The digital dollar is backed by dollar assets, such as regulated money market funds and payment stablecoins. These reserve assets are lent to institutions via credit to generate yield for depositors.
Project description: CoinGecko (in English).