Celsius Network Logo

Celsius Network CEL

Celsius Network header image

1. Summary

Ranks

Liquidity
87
Developer
-
Social
98
Momentum (beta)
100
Stack Rankā„¢
-
Price
52W High price $1.48
52W High date 27th May 2024 (4 months ago)
All Time High (ATH) Date 4th Jun 2021 (3 years ago)
ATH Price $8.05
% From ATH -85.01%
All Time Low (ATL) Date 7th Dec 2018 (5 years ago)
ATL Price $0.03
% From ATL 4503.42%
Supply & Trading Volume
Trading Volume (24h) $1.02M
Total Supply 37.72M
Circulating Supply 37.72M
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.
2. Price

CEL

2.1. Market Performance

How does Celsius Network's (CEL) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

314.7%

CEL

49.7%

Similar Market Cap

60 Day Return

304.6%

CEL

42.2%

Similar Market Cap

1 Year Return

467.0%

CEL

98.4%

Similar Market Cap

3. Developer Activity

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 2
  • Past 12 weeks: 0 commits vs. an average of 9
  • Past year: 0 commits vs. an average of 115

Most Active Repos

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.

4. Social Activity

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 242,188
5. News
7. More Information

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...
Twitter @celsiusnetwork
reddit /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.