$C
📌 What CUSDT Usually Refers To
CUSDT is most commonly the ticker for Compound USDT (cUSDT), a token used in the Compound DeFi protocol that represents USDT supplied into that platform. It’s not the same as USDT itself — it’s an interest-bearing token. �
CoinGecko
📊 Market Cap Estimates for cUSDT
The market capitalization of cUSDT can vary by data source because this token isn’t heavily traded on major centralized exchanges:
Estimated market cap ~ $223 million USD (circulating supply × price estimate) according to some recent tracker data.
Exponential DeFi
Other sources list total value metrics (like fully diluted valuation) ranging up to ~$311 million USD.
CoinGecko
Older or low-liquidity trackers may show wide discrepancies (some tens of millions USD), but the more consistent figures are in the hundreds of millions USD range.
⚠️ Important: Some listings show no circulating supply on big aggregators or no active trading data, which makes exact current market cap hard to confirm reliably.
CoinMarketCap
🔍 Quick Reminder
CUSDT ≠ USDT. USDT is a major USD-pegged stablecoin with $100 + billion market cap globally.
Wikipedia
cUSDT is a DeFi token for lending positions on Compound.#Crypto_Jobs🎯 #CryptoTrends2024 #CryptoWatchMay2024 #CryptocurrencyWealth #cryptooinsigts