Cap (CAP) INR Price

Cap Price Data

Cap (CAP) currently has a price of ₹6.33 and is up 0.070% over the last 24 hours. The cryptocurrency is ranked 254 with a market cap of ₹9.9B. Over the last 24 hours, it saw ₹2.3B of trading volume. The token has a circulating supply of 1.6B tokens out of a total supply of 10B tokens.

Cap (CAP) is the native governance and utility token powering Cap, an Ethereum-based decentralized credit protocol designed to bridge institutional private credit with on-chain liquidity. Operating as a three-sided credit marketplace, Cap connects depositors, institutional borrowers, and collateralized risk-underwriters to facilitate insured, yield-generating loans for real-world companies. The protocol introduces an "insured yield" mechanism where depositors mint yield-bearing stablecoins (such as stcUSD) backed by institutional interest, while underwriters stake their own collateral to absorb first losses and protect depositors' principal against default.

The CAP token serves as the central economic and governance driver across the Cap ecosystem. Operating with a fixed maximum supply of 10 billion tokens, CAP empowers holders to vote on critical protocol decisions, including risk parameters, borrower onboarding frameworks, fee models, and treasury management. Additionally, protocol revenues generated across the credit marketplace are designated for discretionary buybacks of CAP tokens from the open market to align incentives with long-term platform participants.