Celsius Network CEL
1. Summary
- Price
-
$0.23 +1.3%
- Market Cap
- $8.27M (#1733)
- Supply
- 35.72M / 35.72M
- Description
-
Overview
Overview
The Celsius Network is a cryptocurrency platform that allows users to borrow USD against their cryptocurrency holdings, which are used as collateral. This platform offers multiple services, including lending and borrowing, as well as earning interest on cryptocurrency deposits.
Key Features
- Borrowing: Members can borrow USD by pledging their cryptocurrency assets as collateral.
- Lending Protection: A lending protection pool ensures that lenders are protected in case of default.
- Earning Interest: Members can earn interest on their crypto assets.
- Compliance: The platform adheres to all applicable legal guidelines and financial regulations.
History
- Founding: Celsius Network was founded in 2017.
- Growth: The platform grew to manage over $12 billion in assets under management by May 2022.
- Bankruptcy and Restructuring: Celsius filed for Chapter 11 bankruptcy in July 2022 but exited it in January 2024 through a restructuring plan. The company has since shut down its apps and is winding down operations.
Security
- Bank-Grade Security: Celsius implements multi-factor authentication, encryption, and cold wallet treasuries to ensure the safety of users' assets and data.
- Decentralized Network: The platform aims to create a decentralized network for secure transactions.
Current Status
- App Closure: Celsius shut down its mobile and web apps on February 29, 2024.
- Distribution to Creditors: The company has started distributing assets to eligible creditors in cryptocurrency and USD and is winding down its business operations.
| Price | |
| 52W High price | $1.74 |
| 52W High date | 7th Jun 2024 (5 months ago) |
| All Time High (ATH) Date | 4th Jun 2021 (3 years ago) |
| ATH Price | $8.05 |
| % From ATH | -96.7% |
| All Time Low (ATL) Date | 7th Dec 2018 (5 years ago) |
| ATL Price | $0.03 |
| % From ATL | 914.03% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $814,079.00 |
| Total Supply | 35.72M |
| Circulating Supply | 35.72M |
CEL
How does Celsius Network's (CEL) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-54.5%
CEL
-31.5%
Similar Market Cap
60 Day Return
50.8%
CEL
-8.1%
Similar Market Cap
1 Year Return
61.6%
CEL
12.3%
Similar Market Cap
We're monitoring 4 Celsius Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Celsius Network Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 1
- Past 12 weeks: 0 commits vs. an average of 8
- Past year: 0 commits vs. an average of 111
Most Active Repos
| Past week | 0 |
|---|---|
| Past 12 weeks | 4 |
| Past year | 30 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 5 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 0 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 0 |
Top Developers 2024
In total, 17 developers have contributed to Celsius Network over the past year. Who are the most active Celsius Network developers, by commits, over the past year?
Related Projects
Developers working on Celsius Network also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 50,631 |
|---|---|
| Active Reddit Users (past 24h) | 93 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 16,483 |
| Twitter followers | 238,242 |
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptobriefing.com/celsius-burns-cel-holdings/
-
cryptoslate.com/celsius-network-burns-entirety-of-its-cel-holdings-eliminating-94-of-total...
-
cryptoslate.com/celsius-network-burns-entirety-of-its-cel-holdings-eliminating-94-of-total...
-
cryptoslate.com/celsius-network-burns-entirety-of-its-cel-holdings-eliminating-94-of-total...
-
cryptoslate.com/celsius-network-burns-entirety-of-its-cel-holdings-eliminating-94-of-total...
-
cryptoslate.com/celsius-network-burns-entirety-of-its-cel-holdings-eliminating-94-of-total...
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
ambcrypto.com/will-ethereum-bear-the-brunt-of-celsius-networks-actions/
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
-
cryptopotato.com/celsius-network-distributes-3-billion-to-creditors-following-chapter-11-r...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://celsius.network/ |
|---|---|
| Explorer | https://etherscan.io/token/0xaaaebe6fe48e54f431b0c... |
| @celsiusnetwork | |
| /r/CelsiusNetwork | |
| Whitepaper | https://celsius.network/static/media/celsius-whitepaper.27574611.pdf |
What is the correct contract address for Celsius Network?
| Energi | 0x1b53c0662414b195fcd5802c09754765b930a312 |
|---|---|
| Fantom | 0x2c78f1b70ccf63cdee49f9233e9faa99d43aa07e |
| Ethereum | 0xaaaebe6fe48e54f431b0c390cfaf0b017d09d42d |
| Polygon-pos | 0xd85d1e945766fea5eda9103f918bd915fbca63e6 |
| Harmony-shard-0 | 0xd562c88e0f8e7dae43076018bb1ea3115617984d |
Has Celsius Network been audited for security?
No security audits found for this project.
Are you the owner of Celsius Network? Edit it here
Subscribe for free
Investment alerts and insights directly in your inbox.
By continuing, you agree to the Stack Terms of Service and Privacy Policy.