Skip to main content
Login
  • Screener
  • CPOOL Clearpool

    $0.246

    0.00%

    Price Chart

    1D
    7D
    30D
    90D
    ALL

    Clearpool News

    loading...

    Frequently Asked Questions

    • Overview of Clearpool

      Clearpool is a decentralized finance (DeFi) platform that offers a unique approach to lending and borrowing in the crypto space. It operates at the intersection of DeFi innovation and traditional finance, providing a permissionless marketplace for unsecured institutional lending.

      Key Use Cases

      • Institutional Borrowing: Clearpool enables institutions to access unsecured liquidity without traditional collateral, revolutionizing how lending and borrowing activities are conducted in the crypto space.
      • Yield Generation: The platform provides lenders with dynamic, risk-adjusted interest rates without a lockup period, ensuring liquidity can be withdrawn at any time and facilitating an auto-compounding yield.
      • Compliant Liquidity Pools: Clearpool offers tailored solutions for institutional borrowing, yield generation, and compliant liquidity pools, democratizing access to finance and fostering innovation and growth in the digital asset space.

      Additional Features

      • CPOOL Token: Clearpool’s utility token, CPOOL, facilitates platform governance, rewards, and liquidity provision. It empowers holders to vote on crucial protocol decisions, including the whitelisting of new borrowers, and aligns the community’s interests with the protocol’s growth and security.
      • Multichain Accessibility: Clearpool operates across multiple blockchain networks, including Ethereum, Optimism, and Polygon, leveraging the unique features of each blockchain to cater to a diverse user base and expand its reach in the DeFi ecosystem.
      Last Updated: 12/3/2024 19:32 UTC
    • Pros of Clearpool

      • Innovative Lending Model: Clearpool offers uncollateralized lending, which means institutional borrowers can access liquidity without the need to post collateral, thus broadening access to capital.
      • Dynamic Interest Rates: The platform provides dynamic, risk-adjusted interest rates that rise with increased risk and fall with decreased risk, ensuring lenders are rewarded fairly for their risk-taking.
      • Decentralized and Permissionless: Clearpool operates as a decentralized, permissionless marketplace, allowing for greater flexibility and transparency in lending and borrowing activities.
      • Tokenized Credit: The platform enables tokenized credit, leading to risk management and hedging opportunities for lenders and borrowers.
      • Governance and Community Participation: CPOOL token holders can participate in governance, voting on protocol decisions and earning rewards, aligning community interests with the protocol’s growth and security.

      Cons of Clearpool

      • Complexity: The platform’s innovative features and decentralized nature may present a learning curve for some users, particularly those unfamiliar with DeFi and blockchain technology.
      • Regulatory Challenges: As with many DeFi projects, Clearpool may face regulatory challenges and uncertainties, which could impact its long-term stability and growth.
      • Market Volatility: The platform is subject to market volatility, which can affect the interest rates and liquidity available to borrowers and lenders.
      • Dependence on Credit Risk Assessors: Clearpool relies on credit risk assessors like Credora (formerly X-Margin) to evaluate borrowers, which may introduce additional risks if these assessments are inaccurate.
      • Operational Costs: The platform incurs operational costs, including development, marketing, and governance expenses, which could impact its profitability and scalability.
      Last Updated: 12/3/2024 19:32 UTC
    • Founders of Clearpool

      The founders of Clearpool include:

      • Jakob Kronbichler: Co-Founder and CEO. He has a background in fintech, having previously served as Commercial Director at Aspire, a leading digital Neobank in South East Asia, and Rocket Internet.
      • Robert Alcorn, CFA: Co-Founder and Chairman. He comes from a traditional finance background, having been Executive Director and Head of Repo Trading APAC at First Abu Dhabi Bank.
      • Alessio Quaglini: Co-Founder and Senior Advisor. He is also the CEO of Hex Trust and has experience from First Abu Dhabi Bank, BBVA, Accenture, and CONSOB.
      Last Updated: 12/3/2024 19:32 UTC
    • Investors in Clearpool

      • Venture Capital Firms: Arrington XRP Capital, FBG Capital, HashKey Capital, HTX Ventures (previously Huobi Ventures), One Block Capital, Ryze Labs (Sino Global Capital), Sequoia Capital, GBV Capital, Kenetic Capital, and Wintermute.
      • Exchange and Venture Support: DAO Maker and HTX Ventures provide additional support as an exchange and venture partner.
      Last Updated: 12/3/2024 19:33 UTC
    • No, Clearpool is not considered halal due to its core mechanism involving interest-based lending, which raises significant Shariah compliance concerns.

      Key Points:

      • Project Overview: Clearpool is a decentralized finance (DeFi) protocol that enables institutions to borrow from decentralized capital markets.
      • Token Utility: The primary purpose of CPOOL is to serve as a governance token for the Clearpool protocol, allowing holders to participate in decision-making processes and stake CPOOL to earn protocol fees.
      • Shariah Compliance: The interest-based lending mechanism in Clearpool raises significant Shariah compliance concerns, making it non-halal.
      • Token Distribution: The initial token distribution allocated 30% to the team and advisors with a 2-year vesting period, 25% for ecosystem development, 20% for community incentives, 15% for private sale participants, and 10% for public sale.
      • Revenue Model: The protocol generates revenue through borrowing fees paid by institutional borrowers, which are distributed to liquidity providers and CPOOL stakers.
      Last Updated: 12/3/2024 19:33 UTC

    Description

    #336

    Clearpool is a platform that provides unsecured loans to institutional borrowers, leveraging a dynamic interest rate model driven by market demand and supply. It features a governance token, CPOOL, which is used for voting on borrower whitelisting and earning rewards through liquidity provision and staking.

    Sector:
    Blockchain:

    Market Data

    Rank: 336
    Volume: 7.1M
    Marketcap: 179M
    Fully Diluted Value: 246M
    Circulating Supply: 73%
    1.2M 29K/28K
    940K 15K/21K
    593K 38K/13K
    459K 9.9K/14K
    449K 13K/14K
    271K 6K/6K
    159K 9.9K/5.6K
    145K 27K/27K