Clearpool Information

Clearpool is an innovative decentralized finance platform that aims to facilitate over-collateralized lending through a unique liquidity pool structure. By connecting borrowers and liquidity providers, Clearpool enables efficient capital allocation while enhancing transparency and decentralization in financial transactions. This approach not only empowers users to maintain control over their assets but also fosters a more inclusive financial ecosystem.

Clearpool

$0.36

  • Current Price $ : 0.361002 $
  • Price Change 24h : 0.01153998 $
  • Price Change % 24h : 3.30221 %
  • Market Cap : 263420501
  • Market Cap Change % 24h : 3.1791 %

Introduction to Clearpool: A Deeper Look into CPOOL

Clearpool is an innovative decentralized finance (DeFi) platform that allows users to lend and borrow cryptocurrency assets without the need for intermediaries. The native token, CPOOL, serves as an essential component of the Clearpool ecosystem, facilitating various transactions within the platform. This article will explore the historical performance of CPOOL, highlight its advantages and disadvantages, and offer insights into potential future developments.

Historical Performance of CPOOL

Launched in November 2021, Clearpool's CPOOL token reached an all-time high (ATH) of $2.55 shortly after its debut. However, since then, the token has experienced significant volatility, with a dramatic decline leading to its current price of approximately $0.22. This drop represents over a 91% decrease from its ATH, suggesting strong downward pressure amid a challenging market environment. On the other hand, CPOOL's all-time low (ATL) of $0.01599, reached just a few weeks ago, indicates a remarkable surge of over 1288% following its ATL, showcasing the potential for recovery and growth.

Advantages of Clearpool

Clearpool comes with several advantages that can attract both users and investors alike:

  • Decentralized Borrowing and Lending: Clearpool eliminates the need for traditional financial intermediaries, which reduces transaction costs and enhances accessibility for users.
  • Liquidity Pool Model: By utilizing a liquidity pool, Clearpool users can easily access funds, improving the efficiency of borrowing and lending activities.
  • Strong Community Support: Clearpool has cultivated a dedicated community that can help drive adoption and growth, providing valuable feedback and promoting best practices.

Disadvantages of Clearpool

While Clearpool has numerous strengths, there are several disadvantages to consider:

  • Market Volatility: As evidenced by its historical price fluctuations, CPOOL is susceptible to significant market volatility, which can deter risk-averse investors.
  • Regulatory Uncertainties: The evolving regulatory landscape for DeFi platforms poses risks that could impact Clearpool's operations and market presence.
  • Limited Awareness: Despite its innovative offerings, Clearpool may face challenges in raising awareness among potential users, particularly amidst a saturated DeFi market.

Future Outlook for CPOOL

The future of Clearpool and its CPOOL token looks promising, albeit with inherent risks. As DeFi continues to gain traction, platforms like Clearpool that offer unique lending and borrowing solutions may see increased user adoption. Moreover, enhancements to the platform, such as integrating additional DeFi features or partnerships with other projects, could further increase its value proposition.

The growth potential for CPOOL also lies in its ability to recover from past price declines while expanding its market cap, currently at approximately $155 million. If Clearpool can stabilize its price and attract more users, it could potentially reclaim significant portions of its previous market value.

Conclusion

Clearpool represents an intriguing case study within the DeFi space, offering both significant potential and notable risks. However, as the decentralized finance ecosystem continues to mature, the success of CPOOL will depend on its ability to navigate market challenges, embrace innovation, and foster a loyal user base. For analysts and investors, monitoring the developments in Clearpool's platform and broader market trends will be critical to understanding its future trajectory.

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General Information

Title
Clearpool
Symbol
cpool
Whitepaper
-
Website
Community
-
Last Updated
2025-01-21 23:51

Price Data

Current Price $
0.361002 $
High 24h
0.37379 $
Low 24h
0.332438 $
Price Change 24h
0.01153998 $
Price Change % 24h
3.30221 %

Market Data

Market Cap
263420501
Total Volume
7764733
Market Cap Change 24h
8116363
Market Cap Change % 24h
3.1791 %
Return on Investment (ROI)
-

Supply and Availability

Circulating Supply
729961194.74316
Total Supply
1000000000
Max Supply
1000000000

Historical Data

All Time High (ATH)
2.55
ATH Change %
-85.89519 %
ATH Date
2021-11-16 18:18
All Time Low (ATL)
0.01599962
ATL Change %
2149.55403 %
ATL Date
2023-10-16 19:32