Cream Finance

Cream Finance (CREAM)

$75.28 USD (-13.57%)
0.00387728 BTC (-14.43%)
0.12304685 ETH (-15.55%)
Earn Crypto
  • Market Cap
    $11,285,973 USD
    581.31054191 BTC
    18,448 ETH
  • Volume (24h)
    $4,536,891 USD
    233.68323399 BTC
    7,416 ETH
  • Circulating Supply
    149,928 CREAM
  • Total Supply
    2,924,547 CREAM

About Cream Finance

Cream Finance price today is $75.28 USD with a 24-hour trading volume of $4,536,891 USD. Cream Finance is down 13.57% in the last 24 hours. The current CoinMarketCap ranking is #512, with a market cap of $11,285,973 USD. It has a circulating supply of 149,928 CREAM coins and the max. supply is not available. The top exchanges for trading in Cream Finance are currently Binance, Binance.KR, FTX, Hoo, and Uniswap (V2). You can find others listed on our crypto exchanges page.

What Is C.R.E.A.M. Finance (CREAM)?

C.R.E.A.M Finance is a decentralized peer-to-peer (P2P) DeFi platform that provides lending, borrowing, swap, payment and tokenization services for digital assets. The C.R.E.A.M. Finance protocol was created as a Compound Finance fork, while its C.R.E.A.M. SWAP exchange is based on the code of Balancer Labs.

C.R.E.A.M Finance is open-source, permissionless, blockchain-agnostic and offers yield farming rewards to its users in order to inclusively develop its network.

The project (which stands for Crypto Runs Everything Around Me) was launched unexpectedly on the Ethereum network on Aug. 3, 2020 through the YOLO liquidity pool. In September 2020 it went live on the Binance Smart Chain (BSC).

The CREAM token allows users to lend, borrow, stake or swap assets and help govern the network, allowing them to vote on assets to support or delist.

Who Are the Founders of C.R.E.A.M. Finance?

The person behind C.R.E.A.M. Finance is Taiwanese entrepreneur Jeffrey Huang, who labeled himself as the “semi-benevolent dictator of CREAM” upon launch. Huang is also the founder of Mithril (MITH), the Ethereum-based social media platform.

The tokens have been allocated as follows:

  • 10% (900,000) of tokens will go to the team and advisors, 75% of which will vest over four years and a six month cliff;
  • 10% will be used as seed with four years vesting (one year cliff);
  • 20% (1.8 million) CREAM will be used to incentivize liquidity providers;
  • 60 (5.4 million) is allocated for governance.

What Makes C.R.E.A.M. Finance Unique?

C.R.E.A.M. Finance helps provide liquidity to important DeFi assets through automated market making (AMM), allowing users to borrow and lend supported assets and earn liquidity mining rewards in the form of its CREAM token by supplying any supported asset as collateral. In return, it collects swap, lending and borrowing fees from users.

The platform aims to list and support tokens important to the DeFi sector, for example the biggest stablecoins (USDT, USDC, BUSD, yCRV, etc), governance tokens (COMP, BAL, YFI, LEND, CRV, CREAM etc.), and other leading cryptocurrencies such as ETH, renBTC and LINK.

As an ERC20 token on the Ethereum network, CREAM can run Ethereum Virtual Machines through smart contracts, while users can create DAoos for its community, thus resulting in better composability, i.e. plugging different financial services into each other.

CREAM tokens can be staked for a period of up to four years in order to accrue rewards; however, it is important to note that there is no admin unlock available.Therefore, you will only receive your rewards at the end of your staking period.

Learn more about Compound Finance (COMP).

Learn more about Curve DAO (CRV).

Learn more about (YFI).

Visit the CoinMarketCap blog for the latest blockchain news and insights. \

How Many C.R.E.A.M. Finance (CREAM) Coins Are There in Circulation?

CREAM has a total supply of 9 million coins, of which around around 150,000 are currently in circulation. This will increase as more vested tokens are released monthly to stakeholders and liquidity miners.

How Is the C.R.E.A.M. Network Secured?

CREAM’s smart contracts are not officially audited at present by choice. Instead, Huang uses expert advisers (which includes Compound founder Robert Leshner) to improve security, inspect code and manage a multisig wallet to keep users funds safe.

Where Can You Buy C.R.E.A.M. Finance (CREAM)?

The top exchanges for trading in Cream Finance are currently Binance, Binance.KR, FTX, Hoo and Uniswap (V2). You can find others listed on our crypto exchanges page.

You can now also buy cryptocurrencies like Bitcoin and Ethereum directly by credit card in your fiat currency of choice. Here’s how.

Cream Finance Price Today
Cream Finance Price$75.28 USD
24 Hour High / Low
$101.65 USD /
$71.59 USD
24 Hour Volume$4,536,891 USD
Market Cap$11,285,973 USD
Market Rank#512
Yesterday's Cream Finance Price
Yesterday's High / Low
$101.65 USD /
$69.59 USD
Yesterday's Open / Close
$72.11 USD /
$88.66 USD
Yesterday's Change$16.55 USD (22.95%)
Yesterday's Volume$6,054,800 USD
Historic Cream Finance Price
7 Day High / Low
$101.65 USD /
$55.20 USD
30 Day High / Low
$101.65 USD /
$37.20 USD
90 Day High / Low
$288.01 USD /
$20.34 USD
52 Week High / Low
$288.01 USD /
$9.24 USD
All Time High
$288.01 USD
(Sep 09, 2020)
All Time Low
$9.24 USD
(Aug 07, 2020)
Cream Finance ROI
Cream Finance Supply Details
Circulating Supply149,928 CREAM
Total Supply2,924,547 CREAM
Max SupplyNo Data
Sign up for our newsletter
Get crypto analysis, news and updates, right to your inbox! Sign up here so you don't miss a single one.