Surge in DeFi sector pushes Compound (COMP) value

The governance token of the decentralized finance (DeFi) giant Compound (COMP), has increased in value as the wider crypto market is experiencing a correctional phase. A recent report shows that the recent slump of the crypto market has not affected the COMP token by any means.

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With COMP Below $100, a Look Back at the ‘DeFi Summer’ It Sparked

Compound's governance token, COMP, fell below $100 early Tuesday. The DeFi token kicked off the yield farming craze way back in June.

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DeFi Token COMP Falls 25% From Its YTD Top; Rebound Ahead?

A mad overnight rally in the Compound (COMP) market resulted in a vast correction this Thursday. The popular decentralized finance token plunged by more than 25 percent from its year-to-date high at $268.

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COMP token puts hodled crypto assets to work

The introduction of the COMP token appears to have led to a massive rise...

The post COMP token puts hodled crypto assets to work appeared first on Coin Journal.

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Delta Exchange Predicts $40 Price for COMP Ahead of Governance Token Deluge

One startup has done the math and thinks the true value for Compound's COMP token right now should be more like $40.

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Ethereum short-term price analysis: 22 June

Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound's COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the laThe post Ethereum short-term price analysis: 22 June appeared first on AMBCrypto.

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Blockchain Bites: COMP x2, Reddit Scales and Factom Goes Bankrupt

The COMP governance token is seeing massive gains and potential listings on Coinbase Pro and CoinFlip, while Reddit looks to scale its Ethereum-based project.

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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.

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Investors Eyeing Next Big Thing in DeFi — Liquidity Mining

Following the success of Compound’s COMP token distribution, savvy investors are chasing the next big thing — tokens from other liquidity platforms. Less than five days since its launch, Compound’s COMP tokens have surged to an all-time high above $150 making it the most successful DeFi token to date, and the first unicorn for the […] The post Investors Eyeing Next Big Thing in DeFi — Liquidity Mining appeared first on BeInCrypto.

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DeFi Protocol Compound Pumps After Coinbase Listing, COMP Prices Double

Algorithmic interest rate protocol Compound stole the spotlight in the cryptocurrency markets after Coinbase revealed it would list the token on its retail platform, with COMP prices doubling. Coinbase Announces... The post DeFi Protocol Compound Pumps After Coinbase Listing, COMP Prices Double appeared first on Crypto Briefing.

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Coinbase Adds a Completely Illiquid Token After Investing in Comp

Coinbase has announced a new token from ethereum based defi dapp Compound is to start trading on Monday at Coinbase Pro. “Once sufficient supply of COMP is established on the... The post Coinbase Adds a Completely Illiquid Token After Investing in Comp appeared first on Trustnodes.

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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.

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Coinbase Pro Announces Support for Compound’s DeFi Token COMP

United States cryptocurrency exchange Coinbase Pro announced the listing of COMP, the token powering the decentralized lending protocol Compound.

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Compound’s COMP Token Becomes First DeFi Unicorn

The big news from the world of decentralized finance this week has been the launch and distribution of Compound’s COMP token. Within a day it became the largest DeFi token by market capitalization, surpassing the previous leader, MakerDAO.

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Compound’s New Token Tops DeFi Rankings on First Day

A single day of trade has seen Compound’s COMP emerge as the largest DeFi token by market capitalization.

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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.

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Tether Yields Surge on Compound Following COMP Token Launch

Tether lenders are yielding over 7%, and borrowers are paying over 14% on Compound, as the protocol launches its governance token, COMP. Compound Use Surging Compound usage has surged over... The post Tether Yields Surge on Compound Following COMP Token Launch appeared first on Crypto Briefing.

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Compound launches native governance token

Compound Finance moved away from a centralized governance model to one driven by community governance. Every Compound user, both borrowers and lenders on the DeFi platform, will now receive a native governance token called COMP every time they make a transaction.

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Compound Protocol Moves Towards Decentralization With COMP Governance Token Launch

Compound is setting its project to a decentralized governance system as it experiments with a testnet launched on Wednesday. The Open Finance backed startup is looking to grant its users the power to propose and vote for implementations to occur on the platform without requiring permissions from the compound team. A tokenization process will be […]

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