Skip to main content

What is the total supply of Cdai tokens currently available ?

The total supply of cDAI tokens currently available is 1,000,000,000.

This number is fixed and will not change over time. The cDAI token is an ERC-20 token built on the Ethereum blockchain and is used to represent the value of a basket of Dai stablecoins held in a Compound protocol smart contract. The total supply of cDAI tokens is backed by the Dai stablecoins held in the Compound protocol smart contract, meaning that each cDAI token represents a fractional ownership of the underlying Dai stablecoins.

AI created text. No guarantee for the correctness of the content.

Other interesting questions on the topic of cDAI