Express

The Total Supply Of DeFi Lending Protocol Compound Has Exceeded $15 Billion

Mary Liu

Summary: Leshner, the founder of the DeFi lending protocol Compound, announced that the total supply of Compound has rapidly increased from $10 billion on February 20 to today's $15 billion.  The top three tokens in terms of supply are ETH, DAI, and USDC.  According to data from DeFi Pulse, 19% of the total value locked in DeFi ...

Leshner, the founder of the DeFi lending protocol Compound, announced that the total supply of Compound has rapidly increased from $10 billion on February 20 to today's $15 billion. 

The top three tokens in terms of supply are ETH, DAI, and USDC

According to data from DeFi Pulse, 19% of the total value locked in DeFi ($9.24 billion out of $48.75 billion) belongs to Compound, followed by Maker and Aave.

By Mary Liu

Last Update:

Tags: ,,,,,,
Link: The Total Supply Of DeFi Lending Protocol Compound Has Exceeded $15 Billion   [Copy]
  • S&P 500 Enters Key Turning Point Window; A Cautious "Wait-and-See" Approach is Adv... 16 hours ago
  • Why a "One-Size-Fits-All" Approach to Stablecoin Issuance Fails Given Diverse Fiat Curr... 2 days ago
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 7 days ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 8 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 18 days ago
  • You need to login to comment.