Cap Money is the first on-chain private credit protocol that allows users to deposit stablecoins, mint native $cUSD tokens, and stake them to receive yield-bearing $stcUSD. The deposited funds are used to issue private credit loans approved by underwriters, who stake their own capital as collateral to help protect against fraudulent lending activity.
$CAP is the protocol’s native token, used for governance and token burns. According to CoinLaunch research, the project raised $11M in private funding from investors including Sandeep Nailwal, GSR, RockawayX, and others. On June 1, 2026, the project launched a $CAP IDO through Uniswap CCA, raising $4.26M at a $106.5M FDV and $350K via Binance Wallet IDO at $35M FDV.
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<a href="https://coinlaunch.space/projects/cap/" title="Cap Money ($CAP)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/cap.png" width="224" alt="Cap Money ($CAP)"></a>