What is Caduceus (CMP)

Caduceus (CMP/USDT – Trade it Here) is the Metaverse protocol for decentralized edge rendering. It is an infrastructure-level open blockchain platform specifically built for the metaverse and the decentralized digital world. Furthermore, Caduceus utilizes decentralized rendering and edge computing along with extended-reality technology to bring developers, creators, and users an unrivaled metaverse experience. Basic information for their token is available on the MEXC Digital asset introduction page.

What is Caduceus (CMP)
What is Caduceus (CMP)

Core Features of CMP

So, what does CMP does? Caduceus Metaverse Protocol is committed to developing new underlying technologies to help provide solutions for data storage (Distributed Storage).

  • InterPlanetary File Storage (IPSF).
    • A peer-to-peer network and protocol for storing and sharing data in a distributed file system that Caduceus is modeled after. IPFS uses Content-Addressing to uniquely identify each file in a global namespace connecting all computing devices.
  • Caduceus decentralized Edge Rendering.
    • A remote service that provides computational, rendering, application, and display capabilities for Metaverse. It is also ready for Web3 in the decentralized cloud.
  • Caduceus XR-Chain Metaverse Extreme Blockchain.
    • StarChain data structure. XR chain uses StarChain’s multi-level distributed metaverse graph structure, which allows for extremely fast processing power with high scalability.
    • PoXR+ABFT Asynchronous consensus.

CMP Tokenomics

There is a total supply of 1 billion CMP tokens. Additionally, its allocation is as planned below:

CMP Tokenomics
CMP Tokenomics

Recent Price & Performance of Caduceus (CMP)

Currently, their market price is $0.1624 per unit. They have a market cap of $5,964,637 and a fully diluted market cap of $162,380,657. It also has a 24-hour trading volume of $877,083. You can check the live price of their token right here!

How to buy Caduceus (CMP)

You can buy Caduceus (CMP) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “CMP” using the search bar to see the available trading pairs. Take CMP/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of CMP you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy CMP] to confirm your order. You will find the purchased CMP in your Spot Wallet.

You can find a detailed guide on how to buy CMP token here.

Keep Yourself Updated With The Crypto Trend

Check out all of the listings in the Innovation and Assessment zones as well as the major tokens in the Main Zone – we have more amazing projects to come! What’s more, MEXC lists moonshots and offers access to trade major cryptocurrencies. Visit the Hot Projects section as well to uncover more featured popular tokens. Lastly, feel free to visit MEXC Academy to learn more about cryptocurrency!

Join MEXC and Start Trading Today!