What is Cap (CAP)?
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. All borrowers must secure their loans via Cap’s financial guarantee market
Where can you buy Cap?
Cap (CAP) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for CAP sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for CAP. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.