Celsius Network is a blockchain-based platform that offers financial services to its users. The platform is built on the Ethereum blockchain and uses smart contracts to facilitate transactions. Celsius Network offers a range of financial services, including lending, borrowing, and interest-earning accounts. The platform's native cryptocurrency is CEL, which is used to pay fees and earn rewards on the platform. CEL holders can also earn higher interest rates on their deposits and borrow at lower rates. Celsius Network aims to disrupt the traditional financial system by offering better rates and more transparency to its users.

CEL is an ERC-20 token that was launched in 2018. The token has a total supply of 695,658,160 CEL, and a circulating supply of 238,863,520 CEL. CEL is used as a utility token on the Celsius Network platform, and its value is tied to the demand for the platform's services. CEL holders can earn rewards by holding the token in their Celsius wallet, and can also use the token to pay fees on the platform. Celsius Network has partnerships with several exchanges, including Binance, Bitfinex, and Liquid, where CEL can be traded. The platform also offers a CEL loyalty program, where users can earn higher interest rates and other rewards by holding a certain amount of CEL in their wallet.