Clearpool

Halal Rating :
Uncomfortable
Last Price $0.34 Last updated:
Rank 257
1D Change -14.06 %
Market Cap $249.36m
Circulating supply 731,970,258
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • DeFi
  • Ethereum Ecosystem
  • Real World Assets
  • CMC Crypto Yearbook 2024-25

Overview

Clearpool is a decentralized capital markets protocol built on Ethereum, Polygon, and other networks. It enables institutional borrowers to create single-borrower liquidity pools and compete for uncollateralized liquidity directly from DeFi lenders.

Purpose & Utility

The CPOOL token serves as the protocol's governance token, allowing holders to participate in decision-making processes regarding protocol parameters, fee structures, and other important aspects of the platform. Token holders can also stake CPOOL to earn protocol fees.

Business Model Analysis

Clearpool's core business model revolves around uncollateralized lending and borrowing in the DeFi space, primarily targeting institutional clients. The platform facilitates interest-based lending, where lenders earn yields on their deposits and borrowers pay interest on their loans.

Platform Development & Adoption

The protocol has shown significant development activity and has established partnerships with various institutional players in the crypto space. The platform has processed substantial loan volumes, indicating actual usage of the protocol for its intended purpose.

Token Distribution

The token distribution includes allocations for the team, advisors, and early investors, with vesting schedules in place. The protocol also maintains a treasury for ongoing development and ecosystem growth.

Crypto Impact

To assign a comfort level investing in Clearpool from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Clearpool.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

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