cDAI

CDAI (Compound Dai) represents a highly secure, 'gold standard' DeFi primitive that allows users to earn yield on DAI. The token benefits from exceptional Tokenomics (8.5/10), functioning as a reliable, value-accruing 'money lego' with a dynamic supply. It is backed by one of the strongest teams and governance structures in the industry (9.5/10), featuring a fully doxxed team (Compound Labs) and a mature, decentralized DAO. Security is also a strong point (8.8/10), with a history of rigorous audits from top firms like OpenZeppelin and Trail of Bits, ensuring the safety of underlying collateral even during past governance exploits. However, the investment case is heavily nuanced by the protocol's lifecycle status. Active Development (6/10) and Market Use Case (6.5/10) scores reflect that Compound v2 (the layer cDAI resides on) is effectively 'finished' and currently in maintenance mode. The protocol is actively incentivizing migration to Compound v3 (Comet), rendering cDAI a 'legacy' asset with an intentionally shrinking market share. While community support remains high quality in terms of governance, it lacks retail engagement (4.5/10). Consequently, while cDAI remains a safe place to park capital for yield, it is no longer the primary focus of the ecosystem.