Tag Archives: Compound

Top decentralized finance (DeFi) coins are sliding lower despite strength in the Ethereum price. Data from Uniswap indicates that against the U.S. dollar, coins such as UNI, Compound’s COMP, and Yearn.finance’s YFI, have slid lower by 1-5% in the past 24 hours. This slight move lower in the price action …

The governance tokens for Uniswap and Compound reached new 2021 highs as altcoins and DeFi tokens pushed higher today. Source link

Compound Finance’s native token COMP was among the biggest gainers in the decentralized finance space on Wednesday. The fourth-largest DeFi token by market cap surged by more than 10 percent, hitting an intraday high of $154.08 as traders assessed a flurry of upside fundamentals around it. A pseudonymous analyst noted …

Compound Labs has revealed a research paper last Thursday that explains how the firm has developed a blockchain-tagged Compound Chain that will lead to money market services being available over several networks. The Compound Chain According to the paper, Compound currently faces some challenges on Ethereum, which include high gas …

Lenders on decentralized finance (defi) protocol Compound on Thursday got liquidated for a massive $103 million, according to analytics provider Loanscan. This happened after what appears to be an oracle exploit on the Dai stablecoin. An apparent error or malicious attack to the Dai-dollar-peg data supplied by the Coinbase oracle …

COMP, a governance token associated with lending platform Compound, is back into rough waters after sailing calmy for days. The 37th-largest cryptocurrency by market cap fell by $25.14, or 20.15 percent, to $100.68. Its move downside started at a local top of $126.10, established after an eight-day upward consolidation of …

It’s been a great past day for Bitcoin but not for DeFi coins. After stagnating around $10,700, BTC surged higher to a local high around $10,950 — the highest price in around a week. Decentralized finance coins, on the other hand, have slipped lower. According to data from CoinGecko, some …

The race for first place in DeFi’s total value locked heats up. Source link

Following Bitcoin, Ethereum, and other top cryptos lower, Compound (COMP) has shed 9% in the past 24 hours., the asset now trades at $180, lows not seen in over a week. COMP’s -9% performance in the past 24 hours makes it one of the worst-performing digital assets of that time …

COMP, the native token of Ethereum-based lending platform Compound, blasted through the roof on increasing bids for decentralized finance (DeFi) assets. The latest wave of buying sentiment in the DeFi market followed the launch of Yam Finance. The so-called “yield farming” project surfaced with the promise of offering an elastic …