As of today, the last reported CDST price is $0.788986. Credit Default Swap Token's last market cap was unknown. 24 hour CDST volume is unknown. It has a market cap rank of unknown. Credit Default Swap Token is traded on exchanges. Credit Default Swap Token had an all-time high of $3.8850 about 1 month ago. Over the last day, Credit Default Swap Token has had 0% transparent volume and has been trading on 4 active markets with its highest volume trading pairs being .
CDST (Credit Default Swap Token) is a tokenized insurance product. It provides users with insurance against defaults and bankruptcies in financial area. The insurance instrument works an OTC offer of the token and a protocol to lock the sum insured in the client's account. If the insured case happens, the user provides proof and his tokens get unlocked. The profits of insurance premiums are managed by several funds. Our project also offers inner staking so that the stakers get interest in form of a share of a transaction. Right now, the project performs functions as a centralized platform for insurance products against risks arising in financial operations, such as investing or trading. But one of the new major goals of the project lies in developing a decentralized insurance products and a decentralized insurance platform, where people could insure other people and make it in a self-balanced digital way without any third party.