Ask about cap
Logo of capcap(CAP)
Total Value Locked$291.41m

TVL by Chain

Ethereum$291.41m

Key Metrics

Fees (Annualized)$7.56m
Fees 30d$349,601

Ethereum$349,601

Fees 7d$83,296

Ethereum$83,296

Fees 24h$10,583

Ethereum$10,583

Cumulative Fees$7.16m

Ethereum$7.16m

Revenue (Annualized)$475,358.98
Revenue 30d$13,994.91

Ethereum$13,994.91

Revenue 7d$132.2

Ethereum$132.2

Revenue 24h$9.47

Ethereum$9.47

Cumulative Revenue$449,321.38

Ethereum$449,321.38

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$475,358.98

$13,994.91

$132.2

$9.47

$449,321.38

Market Cap$55.3m

$CAP Price$0.035

All Time High$0.043

All Time Low$0.015

View $CAP token page

$354.52m

$208.84m

$CAP Volume 24h$47.48m

CEX Volume$33.37m

DEX Volume$20.8m(43.81% of total)

Active Loans$44.85m

Total Raised$15.4m

Oct 28, 2024$1.9mRound: Pre-SeedInvestors: Kraken Ventures, Robot Ventures, Anagram, ABCDE, SBC Limited, Kain Warwick, Fernando Martinelli, Sandeep Nailwal

Apr 7, 2025$8mRound: SeedInvestors: Franklin Templeton, Triton Capital, GSR, Flow Traders, Laser Digital Ventures, IMC Financial Markets, RockawayX, Superscrypt , Selini Capital, CMCC Global, Caladan, Paper Ventures, Presto Labs, Fasanara Capital, Auros Global, Breed VC, Curved Ventures, Nonce Classic, Flowdesk

Jun 17, 2026$5.5mRound: Public token sale

Protocol Information

Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD.

Category:Lending

Audits:

Methodology

TVL: count the total supplied assets on capToken vaults and the total delegated assets on networks (symbiotic, eigenlayer, etc.). Bridged tokens on MegaETH are tracked via source chain (Ethereum) collateral only.View code on GitHubFees: All fees paid by users for either borrowing (borrow fees + restaker fees) or minting (insurance fund fees).View code on GitHubRevenue: Share of borrow fees for protocol and 0.1% of mint amount paid as fees for cUSD.View code on GitHubHolders Revenue: View code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked1

Average Supply APY3.97%

Competitors

Frequently Asked Questions

What is cap?

Cap is a stablecoin protocol that provides credible financial guarantees via two products: the dollar-denominated cUSD and the yield-bearing stcUSD.

What is cap's TVL?

cap currently has $291.41m in total value locked. TVL has increased 11.3% over the past 30 days.

What chains does cap operate on?

cap operates on Ethereum. Ethereum holds the largest share at 100%.

How much has cap generated in fees and revenue?

Over the past 30 days, cap generated $349,601 in fees. Of that, $13,994.91 was protocol revenue. Based on the trailing year, the annualized rate is $7.56m in fees and $475,358.98 in revenue.

What is the CAP token price and valuation?

CAP is currently trading at $0.035. Its circulating market capitalization is $55.3m, ranking it #529. Its fully diluted valuation is $354.52m. Supply currently stands at 1.56b circulating, 10b total supply, 10b maximum supply.

How has CAP performed recently?

CAP is down 10.5% over the past 7 days and up 76.6% over the past 30 days. Its all-time high is $0.043, reached on Jun 26, 2026. The token is currently 17% below that level.

How does cap's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, cap ranks #14 by TVL. The category holds $41.905b across 467 protocols, and cap accounts for 0.7% of that total. Other leading protocols include Aave, Morpho, and Spark.

How much has been borrowed through cap?

cap currently has $44.85m in active loans.