CDP
CDP: Collateralized Debt Positions allow users to borrow cryptocurrencies against their crypto collateral.
Top gainers this week
Top losers this week
$CRV has led the category 7 days running this week
$FOREX fell 24 places this week
Up 12 places this week, $AVAI is gaining ground
$MIM · 7 gem score this week
$CRV hit a gem score of 78 this week
31 tokens rose and 22 fell this week
$CRV +36 places this month
Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
handle.fi hSPFOREX | $0.0006204 | 4.7% | -6.6% | -38.8% | $115,405 | $49.55 | 46.84 | CDP+1 | 1,545 | 0.3592 | – |
Float ProtocolBANK | $0.1753 | – | – | – | $56,918 | $0 | 45.77 | 2,924 | 0.3355 | – | |
Lybra V2LBR | $0.0005955 | – | -0.8% | 30.2% | $25,152 | $0 | 44.22 | 3,827 | 0.4252 | 176.32 | |
Parallel Protocol V3PRL | $0.001529 | 1.3% | 15.3% | – | $0 | $0 | 42.92 | Utility+1 | 191 | 0.4146 | 0 |
3A DAOA3A | $0.0001163 | – | 0.0% | – | $25,979 | $0 | 41.69 | 694 | 0.3705 | – | |
Vesta StableVST | $1.005 | -0.0% | 0.0% | -0.1% | $76,123 | $0.01555 | 40.17 | 57,881 | 0.2826 | – | |
DAIDAI | $0.0001747 | – | 0.7% | -29.8% | $199,865 | $1,488 | 39.56 | 2,403 | 0.6432 | – | |
FraxFRAX | $0.9912 | 0.3% | -0.0% | – | $219.32M | $3,191 | 39.38 | 45,760 | 0.2065 | – | |
LiquidLoansLOAN | $0.06737 | 2.1% | 19.6% | 2.7% | $3.97M | $173 | 39.01 | 8,435 | 0.3235 | – | |
Overnight FinanceOVN | $1.405 | 2.0% | -1.4% | -13.9% | $0 | $0 | 37.48 | 493 | 0.003 | 0 | |
Alchemix USDalUSD | $0.9495 | 0.0% | -0.4% | 0.4% | $9.79M | $4.586 | 35.96 | 4,175 | 0.0342 | – | |
Powercity Flex ProtocolFLEX | $0.001159 | -2.0% | 16.7% | 13.6% | $116,883 | $3.713 | 33.39 | Utility+1 | 559 | 0.364 | – |
Empty Set ShareESS | $0.00003202 | 0.0% | – | 5.4% | $40,326 | $7.951 | 32.52 | 397 | 0.559 | – | |
ShezmuSHEZMU | $0.004453 | – | 0.0% | 28.9% | $9,743 | $0 | 32.11 | 1,768 | 0.3584 | – | |
BitStable FinanceBSSB | $0.007986 | 0.8% | 4.1% | 33.1% | $107,129 | $0 | 30.47 | 9,629 | 0.3993 | – | |
PolyQuityPYQ | $0.00006636 | – | – | -0.2% | $65,814 | $0 | 30.08 | 2,055 | 0.2349 | – | |
HomeCoinHOME | $0.1316 | – | 0.0% | 7.0% | $0 | $0 | 29.08 | 382 | 0.4091 | 0 | |
MAIMAI | $0.05485 | 0.0% | -27.6% | 10.4% | $5,163 | $0 | 25.86 | 77 | 0.4353 | – | |
Magic Internet MoneyMIM | $0.05389 | 1.8% | -9.6% | -9.3% | $3,871 | $0.7975 | 25.76 | 494 | 0.1567 | – | |
LIQRLIQR | $0.00006175 | – | 0.0% | 20.4% | $57,323 | $0 | 24.06 | 157 | 0.1814 | – | |
International Meme Fund V1IMF | $0.002401 | 0.1% | -23.3% | -50.3% | $75,317 | $0 | 23.87 | Meme+1 | 2,326 | 0.4617 | – |
DeFi FrancDCHF | $1.15 | 0.0% | -5.0% | – | $64,629 | $0 | 22.99 | CDP+1 | 1,669 | 0.4388 | – |
Magic Internet MoneyMIM | $0.05367 | -0.1% | -5.4% | – | $43,795 | $21.8 | 19.16 | 487 | 0.2485 | – | |
Magic Internet MoneyMIM | $0.05564 | 0.0% | – | -62.4% | $21,627 | $0 | 16.88 | 57 | 0.0583 | – | |
POWERCITY Earn ProtocolEARN | $0.001608 | 5.3% | 13.5% | 1.3% | $0 | $75.12 | 15.22 | Utility+1 | – | – | 0 |
Frequently asked questions
How has CDP performed recently?
The CDP category shows notable activity, with crvUSD leading both the 7-day and 30-day periods as the top climber, displaying a strong rank delta of 42 and 38 respectively, and holding the score extreme for both maximum and minimum values. It also stands as the streak leader for 6 days in both windows. Frankencoin and Lets Get HAI also exhibited positive movement, consistently appearing as climbers across both timeframes. Conversely, RAI and Magic Internet Money (MIM) on Ethereum and Solana, alongside Iron Finance, were among the most significant fallers in the 7-day period. For the 30-day window, LiquidLoans and multiple Magic Internet Money tokens (MIM) experienced notable declines in rank. Overall, the category saw more tokens moving up than down in both the 7-day (32 up, 22 down) and 30-day (36 up, 18 down) windows, indicating a generally positive breadth in the sector.
What is a Collateralized Debt Position (CDP)?
A Collateralized Debt Position (CDP) is a smart contract mechanism that enables users to lock up their cryptocurrency assets as collateral to borrow another cryptocurrency, typically a stablecoin.
How does a CDP work?
Users deposit a supported cryptocurrency into a CDP as collateral. In return, they can mint or borrow a specified amount of another token, usually a stablecoin, up to a certain collateralization ratio. If the value of the collateral falls below a certain threshold, the position may be liquidated.
What are the risks associated with CDPs?
Key risks include liquidation risk if the collateral's value drops significantly, interest rate risk on the borrowed amount, and smart contract risk, as vulnerabilities could lead to loss of funds.
What are the benefits of using a CDP?
Benefits of CDPs include the ability to gain liquidity without selling underlying assets, potential for leveraged exposure to collateral assets, and access to stablecoin loans for various DeFi activities.