- This stablecoin is likely depegged. The current rate is 39.9047 cDAI / 1 USD fetched at .
About Compound DAI
cDAI is the Compound V2 protocol's interest-bearing token representing DAI supplied to the Compound lending pool on Ethereum. It accrues interest automatically as borrowers pay interest on DAI loans. cDAI was one of the earliest DeFi yield-bearing tokens.
Stablecoin price 1 cDAI = $0.03
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