Overview
Cap (CAP) is the governance and revenue-share token of the Covered Agents Protocol, a decentralized stablecoin and credit infrastructure platform. The protocol issues cUSD, a dollar-denominated stablecoin backed by a reserve of regulated stablecoins and tokenized money market funds, alongside stcUSD, its yield-bearing counterpart. Yield is generated by institutional operators — including banks, high-frequency trading firms, and market makers — who borrow through Cap's Credit Engine and are backed by risk underwriters in its Financial Guarantee Market. Operating on Ethereum, Base, and Arbitrum, Cap has grown to $500 million in TVL since its August 2025 launch and is backed by EigenLayer. CAP has a total supply of 10 billion tokens.
Metric Radar Chart
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Metric Trends
| Total Rating Score | TNNeutral |
|---|---|
| Market Accessibility | TNNeutral |
| Development Activity | TNNeutral |
| Market Liquidity | TNNeutral |
| Community Engagement | TNNeutral |
| Risk & Security | TNNeutral |
Total Rating Score Trend
Market Data
- Token Price $0.024369 (-)
- Volume (24h) $75.20M (-)
- Market Cap $38.02M (-)
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Circulating Supply
1,560,000,000 CAP
1,560,000,000 CAP
(Source : Coinmarketcap , Coingecko )
Community Info
X (Twitter) Tweets (Last 30 Days)
80 (-)
Development Info
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GitHub Account
cap-labs-dev
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Stars
25 (-)
- Commits (Last 3 Months) 59 (-)
Security Audit Info
- Security Audit Status None
- CertiK Code Security Score 55 pts
(Source : Coinmarketcap , CertiK Skynet )
Issue Info
- Trading History
- 2026.06.30 [빗썸] 거래소에 신규 거래 지원됩니다.
- Risk History
- No records found
View Full History
| Category | Date | Exchange | Link | Grade | Details |
|---|---|---|---|---|---|
| New Listing | 2026-06-30 | - | [빗썸] 거래소에 신규 거래 지원됩니다. | ||
| Ad-hoc Evaluation | 2026-06-30 | - | - | B(63.95) | [AW-0149-수시] 평가가 완료되었습니다. |
Total Records: 2
- 1
- Disclaimer
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The ratings provided by APYWA (hereinafter 'the Company') are conducted via an automated system based on public data and are pure data-driven analysis results with no subjective elements. This rating material includes evaluations on five key metrics: Market Accessibility, Development Activity, Market Liquidity, Community Engagement, and Security. All information provided is for reference purposes only.
Our ratings are not intended as investment advice or recommendations, and we do not guarantee the accuracy, completeness, or timeliness of the information. Users must make their own investment decisions based on the provided data, and the Company bears no legal liability for any resulting losses or damages.
While the rating material is processed automatically based on reliable data, discrepancies with actual market conditions may occur due to data limitations. Therefore, the Company is not liable for any damages arising from the use of the provided information. All information contained herein is the property of the Company and may not be reproduced, distributed, or modified without prior approval.

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