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DeFi Lending Protocol Compound Saw Its Total Supply Hits $10 Billion

Summary: According to the data from the official website, there is $10 Billion supplied to the Compound protocol, earning interest. The top three tokens in terms of supply are ETH, DAI, and WBTC,  Compound governance tokens rank eighth. Leshner, the founder of the popular DeFi lending protocol, celebrates the milestone on Twitter, he said: "When we first built ...

According to the data from the official website, there is $10 Billion supplied to the Compound protocol, earning interest. The top three tokens in terms of supply are ETH, DAI, and WBTC,  Compound governance tokens rank eighth.

Leshner, the founder of the popular DeFi lending protocol, celebrates the milestone on Twitter, he said: "When we first built Compound, this number was a fantasy; DeFi was not a term, and the idea of a smart contract autonomously managing assets was almost absurd."

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