Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
DeFi Startups Built on Compound Weigh What to Do With $200 COMP Tokens
Startups built on Compound’s decentralized lending protocol are now pondering the second-order effects of COMP’s price surge.
Tether’s Supply on Compound Jumps to Over $224M in a Week
Tether’s volume on decentralized lender Compound has quadrupled to over $224 million in just a few days, and is by far the dominant stablecoin on the platform.
First Mover: Compound’s COMP Token More Than Doubles in Price Amid DeFi Mania
Compound’s new COMP token is only five days old, but its price is soaring. Observers tie the rally to speculation over the future growth of decentralized finance.
FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy
Crypto exchange FTX is launching COMP derivatives later today as deposits on the Compound DeFi platform soar past $300 million.
A Coinbase Pro Listing and Other Eye-Opening Data Points on Compound’s Surge in Demand
It’s hard to pick just one stunning fact about the market suddenly created by the issuance of Compound’s COMP token.
First Mover: Compound Has Been a DeFi Darling. Its New Token Is Priced Accordingly
The frenzy around decentralized lender Compound’s new governance token reveals growing excitement for the DeFi space overall.
COMP’s Sudden Growth Has Swamped a DEX Dealing Only in Stablecoins
One of the newer entrants to the DeFi space, Curve, is riding the wave of demand for the freshly issued Compound governance token, COMP.
Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens
Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.
Dai Lending Rates Rise to One-Month High on DeFi Platform Compound
Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.
Coinbase Custody Double Downs on DeFi Governance Options
Coinbase is making it easier for its Custody clients to vote their tokens on more DeFi protocols. New tools for Compound were announced Thursday.
Chicago’s Trading Firms Look to DeFi With New ‘Alliance’
DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.
Compound Extends DeFi Ethos to Itself, Launches Governance Token
DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site’s governance.
Options Protocol Brings ‘Insurance’ to DeFi Deposits on Compound
A company called Opyn is bringing trustless insurance to the Compound DeFi protocol.
Why DeFi’s Billion-Dollar Milestone Matters
The DeFi market hitting $1 billion in locked crypto is something even the most fervent ethereum skeptics would have a tough time dismissing as meaningless.
Traders Turn to DeFi to Capitalize on Tuesday’s Crypto Market Spike
Decentralized finance (DeFi) applications are popping off Tuesday, and the ETH price spike isn’t the whole story.
DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z
It’s one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.
Staked Automates the Best DeFi Returns With Launch of Robo Advisor
The firm’s new robo advisor, RAY, automates the process of finding high-yielding opportunities.
Coinbase to Invest $2 Million USDC in DeFi Protocols Compound and dYdX
Coinbase is launching a new effort to grow the DeFi ecosystem, starting with USDC investments in Compound and dYdX.
DeFi Pioneer Compound Partners With Coinbase Wallet, Zerion for V2 Launch
For its Version 2 launch, crypto interest app Compound has partnerships with Coinbase Wallet, Zerion and a bridge to fellow DeFi leader Uniswap.