Collateralized Debt Token
CDTCrypto-backed VAR-pegged Rank #325
Price
$0.999639
Market Cap
$9.2K
Market Cap
$9.2K
Dominance
0.00%
of market
Price
$0.999639
% Off Peg
—
24h Supply
-29.06%
7d Supply
-29.06%
30d Supply
-29.06%
Networks
1
chains
Circulating Supply
Total CDT across all chains
$25.2K
$12.9K
Jun 2, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Osmosis
$9.2K 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.
