cETH

Compound establishes money markets, which are pools of assets with algorithmically derived interest rates, based on supply and demand. cToken represents balances supplied to Compound, earning accumulated interest through the cToken's exchange rate, based on each market's Supply interest rate (APR). cETH represents the ETH Supply interest rate on Compound.

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Collateral Details

Issuer
Compound
Type
Deposit
Blockchain
Ethereum mainnet
Token Type
ERC-20
Transferability
Permissionless
Collateralisation
ETH
Currency Denomination
ETH
Yield Bearing
Yes
Whitelisting Status
Approved
Credit Charge
Yes

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