Collateralized Debt Token
CDTCrypto-backed VAR-pegged Rank #399
Price
$0.285648
Market Cap
$1.2K
Market Cap
$1.2K
Dominance
0.00%
of market
Price
$0.285648
% Off Peg
—
24h Supply
0.00%
7d Supply
0.00%
30d Supply
+60.70%
Networks
1
chains
Circulating Supply
Total CDT across all chains
$24.3K
$8.8K
Sep 5, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Osmosis
$14.2K 100.0%
About Collateralized Debt Token
Membrane is an experimental protocol that uses collateralized debt positions to synthesize credit demand into composable debt tokens that traverse the Cosmos in the form of $CDT.
Mint & redeem
The mechanism is roughly analogous to a “Line of Credit”, wherein vault owners can deposit their collateral to receive a line of credit against it. This unique functionality enables a large amount of flexibility in otherwise rigid token positions.
