cap
Cap is a three-sided platform for USD yield, private credit, and financial guarantees.
- Category
- DeFi & Yield
About cap
Cap is a covered credit platform for the US Dollar that provides a three-sided platform for USD yield, private credit, and financial guarantees. It was created by Cap Labs and is headquartered in New York City.
The Cap ecosystem is built around three main participant roles: depositors, borrowers, and underwriters. Depositors can provide approved assets to earn yield on their holdings.
Key features
- Depositors receive cUSD token representations when adding approved assets to the platform.
- The protocol features a debt platform connecting borrowers who take out unsecured USD loans with underwriters.
- The platform incorporates a marketplace dedicated to financial guarantees.
- Cap provides integrated help desk support within the application interface.
What it is used for
- Earn USD yield by depositing designated and approved assets.
- Borrow unsecured USD loans through the platform's debt architecture.
- Underwrite unsecured loans as a third-party liquidity provider.
What it does
Who it is for
Kind of tool
- Exchange
Platforms
- Web
Things to know
- Users must agree to comply with and be bound by the platform's terms, conditions, and referenced policies to use the service.
Official channels
Follow these, not look-alikes: each is linked from cap’s own website or confirmed by its team.
- X (opens in a new tab)Verified from cap.app, checked November 8, 2026
Verification and freshness
- Not verified yet.
- Last updated on November 8, 2026.
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