CDP
CDP: Collateralized Debt Positions allow users to borrow cryptocurrencies against their crypto collateral.
Top gainers this week
Top losers this week
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Token | Price | 1d % ▲▼ | 1w % ▲▼ | 1m % ▲▼ | Market Cap ▲▼ | Volume 24h ▲▼ | Score ▲▼ | Category | Holders ▲▼ | Entropy ▲▼ | Mc/Rev ▲▼ |
|---|---|---|---|---|---|---|---|---|---|---|---|
handle.fi hSPFOREX | $0.001464 | 0.4% | -51.5% | -57.3% | $268,729 | $123.27 | 33.45 | EUR+1 | – | – | – |
International Meme Fund V1IMF | $0.006999 | 0.2% | -37.2% | -26.8% | $222,344 | $18.7 | 56.07 | Meme+1 | 2,346 | 0.4997 | – |
Threshold thUSDT | $0.003711 | 0.3% | -8.7% | 4.9% | $41.85M | $32,421 | 65.85 | 9,562 | 0.3965 | 9,893 | |
Abracadabra SpellSPELL | $0.00008403 | 0.0% | -4.2% | -27.5% | $14.41M | $10,652 | 65.7 | Lending+1 | 36,106 | 0.2969 | 21.53 |
Iron FinanceIRON | $0.052 | 0.0% | -2.0% | -2.0% | $2,281 | $1.901 | 26.52 | – | – | – | |
Alchemix USDalUSD | $0.94 | 0.0% | -1.9% | -1.6% | $10.00M | $580.42 | 62.02 | 4,167 | 0.3247 | – | |
AVAIAVAI | $0.4226 | 0.0% | -1.9% | -20.9% | $6,463 | $4.856 | 36.02 | 25 | 0 | – | |
FrankencoinZCHF | $1.233 | 0.0% | -0.7% | 0.1% | $42.10M | $46,641 | 51.28 | CDP+1 | 273 | 0 | – |
Lista DAOLISTA | $0.04804 | -0.0% | -0.6% | -1.0% | $20.08M | $23,442 | 71.51 | 142,802 | 0.251 | – | |
Inverse Finance FiRMINV | $10.54 | 0.0% | -0.5% | 0.7% | $7.76M | $28,994 | 33.96 | – | – | 1.269 | |
AUSDAUSD | $0.9999 | 0.0% | -0.0% | 0.0% | $199.84M | $2.65M | 63.5 | 911 | 0.37 | – | |
Curve.Fi USD StablecoincrvUSD | $0.9997 | 0.0% | -0.0% | 0.0% | $210.22M | $22.00M | 73.32 | USD+1 | 93,902 | 0.2639 | – |
Curve.Fi USD StablecoincrvUSD | $0.9997 | 0.0% | -0.0% | 0.0% | $210.09M | $117,470 | 66.86 | 1,220 | 0.5197 | – | |
BitStable FinanceBSSB | $0.006209 | 0.0% | -0.0% | 19.6% | $80,306 | $0.07261 | 25.67 | – | – | – | |
LIQRLIQR | $0 | 0.0% | 0.0% | 0.0% | $49,879 | $0 | 36.59 | Yield+2 | 147 | 0 | – |
3A DAOA3A | $0.0001218 | 0.0% | 0.0% | 0.0% | $25,979 | $0 | 27.25 | – | – | – | |
Gho TokenGHO | $0.9989 | -0.0% | 0.0% | 0.0% | $648.51M | $12,967 | 65.68 | 10,302 | 0.2492 | – | |
BOLD StablecoinBOLD | $1.001 | 0.0% | 0.0% | 0.2% | $29.87M | $319,296 | 63.42 | 934 | 0.3617 | – | |
Vesta StableVST | $1.009 | 0.0% | 0.0% | -4.2% | $76,431 | $2.093 | 67.3 | 58,426 | 0.484 | – | |
SKY Governance TokenSKY | $0.06305 | 0.0% | 0.4% | 6.4% | $1.48B | $671,990 | 68.18 | 14,446 | 0.3075 | – | |
Overnight FinanceOVN | $1.584 | -0.1% | 0.8% | -4.8% | $0 | $0 | 27.49 | – | – | 0 | |
LiquityLQTY | $0.1707 | -0.0% | 0.8% | -11.2% | $17.03M | $30,356 | 65.3 | 14,422 | 0.3348 | 37.84 | |
MakerMKR | $1,465 | 0.3% | 1.1% | 7.5% | $131.46M | $92,648 | 70.27 | 75,343 | 0.205 | – | |
PrismaLRTPRISMA | $0.007855 | 0.0% | 1.1% | -2.1% | $751,227 | $27.57 | 28.28 | – | – | – | |
HubbleHBB | $0.001717 | 0.1% | 1.2% | 1.8% | $119,134 | $1.654 | 58.09 | 2,907 | 0.4566 | – |
Frequently asked questions
How has CDP performed recently?
The CDP category has been quiet over both the 7-day and 30-day periods, with no tokens experiencing upward or downward breadth, nor any identified as climbers, fallers, streak leaders, or having extreme scores. No tokens entered or exited the top K during these timeframes.
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.