What Cap governs
Cap is a DeFi protocol governance token, currently ranked 312th by market capitalization among the assets we track. Cap sits at the center of a decentralized-finance application. The token coordinates governance, sometimes routes protocol revenue to holders, and ties its value to how much the underlying protocol is actually used.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
Background & fundamentals
In sector terms it is most often filed under Binance Coin (BNB) Token (BEP-20), DeFi, and Ethereum (ETH) Token (ERC-20).
Where Cap sits in the market
With CAP near $0.0394, Cap carries a market capitalization of $61.39M. Around $8.72M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 14.21% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire CAP supply is already in circulation (~100.0% of the 10B cap), so future dilution is effectively off the table. The token is roughly -56% under its record of $0.0886 — a meaningful but not catastrophic drawdown. Measured from its all-time low of $0.0210, CAP is up +87%.
What the price history shows
The tape currently reads 24-hour +6.76%, 7-day +30.94%.
Volatility profile
Recent action puts Cap in the Extreme-volatility band — it is in a high-volatility regime — these are the conditions where outsized gains and losses both become more likely.
How to evaluate a DeFi token like Cap
For an asset of this type, three lenses matter most:
- Protocol revenue — fees the application actually earns, and whether any of it reaches CAP holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether CAP is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
