Clearpool

Halal Rating :
Uncomfortable
Contract: 0x66761fa41377003622aee3c7675fc7b5c1c2fac5
Last Price $0.17 Last updated:
Rank 319
1D Change 3.43 %
Market Cap $128.95m
Circulating supply 760,945,958
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.

Rating Justification

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