Cream Cryptocurrency Exchange

Cream Finance: All You Need to Know

Overview

Cream Finance is a multi-purpose DeFi protocol forked from Compound Finance (COMP). It operates as a peer-to-peer cryptocurrency exchange and lending platform, utilizing liquidity mining to facilitate transactions.

Key Features

* Lending and Borrowing: Users can provide liquidity to supported pools and earn CREAM tokens as rewards. * Decentralized Exchange: Swap allows users to trade cryptocurrencies, offering a code fork of the Balancer decentralized exchange. * Governance Voting: CREAM holders have voting rights on liquidity pool additions/removals, asset support, and platform parameter changes.

Price and Market Statistics

As of March 23, 2024, Cream Finance's live price is $2511 per CREAM with a market cap of $4659M. The 24-hour trading volume is $761M, and the circulating supply is 186M CREAM. The price has fluctuated by -3.91% in the past 24 hours.

Available Exchanges

Cream Finance is available for trading on 13 cryptocurrency exchanges across 16 trading pairs. The most popular pair is CREAM/USDT on Binance with a trading volume of $883,470.

Future Prospects

Cream Finance has demonstrated resilience following a security breach in 2022. The project has a strong community and a commitment to providing innovative DeFi solutions. Its long-term prospects remain positive.

Conclusion

Cream Finance offers a comprehensive DeFi platform for crypto enthusiasts. Its combination of lending, borrowing, trading, and governance features makes it a valuable tool for decentralized finance. As the DeFi ecosystem continues to grow, Cream Finance is well-positioned to maintain its place as a leading player.