Just checked in on $CAP and things are moving. Cap is that on chain credit platform building out verifiable USD yields through private credit and financial guarantees. Depositors put in approved assets, underwriters cover the loans to real economy borrowers, and everyone gets a cleaner setup than the usual DeFi risk.
Latest development that caught my eye: Lombard Finance just rolled out its Bitcoin On Chain Credit Strategy with Flow Traders as the pilot partner. They’re routing it through Cap’s private credit layer so Bitcoin holders can earn from institutional stablecoin borrowing demand without the usual collateral headaches. Flow Traders is already using it for their market making ops. Platform stats right now sit at over $302M in deposits and $226M+ in guarantees issued, with the 7 day average USD APY hovering around 5%.
They also dropped the Q2 2026 investor update a week ago if you want the deeper numbers.
As for the token, $CAP is trading around $0.028 right now, up roughly 20 to 22% over the last 24 hours with solid volume. Circulating supply is about 1.56 billion out of a 10 billion max. Ranked around #
410# by market cap.
Worth keeping an eye on
@CapApp and the official site if you’re following the private credit narrative. Not financial advice, just sharing what’s current.