Compound Buy Token

www.compound.finance

Total Value Locked

$660.8M

USD Locked

$660.8M

ETH Supply Locked

858,182.57

Blockchain

Ethereum

Change

-1.13%

What is compound?

Compound is a liquidity pool, an open-source Ethereum-based protocol that allows users and applications to obtain loans or earn interest without having to rely on counterparties. 

Developers can create a transparent and automated marketplace thanks to Compound, which in turn uses several interfaces created specifically by the community. 

Anyone can supply assets to the Compound’s liquidity pool and immediately start earning interest with continuous compounding. In each market, interest rates are determined algorithmically, based on supply and demand, and interest accrues with each new Ethereum block.

Users may choose to use Compound only for the duration of one new block or indefinitely, withdrawing or repaying the loan at any time. 

The actual guarantee provided by the protocol is the tokenization of the wallet balances of users which become cTokens. This allows determining the maximum amounts that can be borrowed in relation to the actual funds held. 

According to the selected interface, the Compound protocol allows selecting which assets to use as collateral and which to place on the market to earn interest on.

How to use compound?

Therefore, cTokens will be the representation of these assets and in general, users can borrow up to 50-75% of the value of their cTokens and keep the collateralized debt by adding or withdrawing funds. 

Compound was developed by Compound Labs Inc which operates the Ethereum address 0x8b8592e9570e96166336603a1b4bd1e8db20fa20 and allows adding resources and updating functions such as price feed oracle, interest rate models and protocol risk model. 

The company has promised that in the future, the admin account will be replaced with a DAO, governed by the community. The cToken smart contract is also publicly available on the Ethereum blockchain, and the currently available assets are BAT, DAI, REP (Augur), WETH (Wrapped Ether) and ZRX (0x).

Compound Historical Stats

  • Date
  • TVL (USD)
  • TVL Change
  • Total ETH Locked
  • ETH Locked 1d
  • 18 Sep 2020
  • TVL USD $656,871,537
  • TVL Change $-2,003,304.00
  • Total ETH Locked 873,508 ETH
  • ETH Locked 1d -60,257.36 ETH
  • 17 Sep 2020
  • TVL USD $658,874,841
  • TVL Change $-10,218,186.00
  • Total ETH Locked 933,765 ETH
  • ETH Locked 1d -21,247.71 ETH
  • 16 Sep 2020
  • TVL USD $669,093,027
  • TVL Change $-1,055,601.00
  • Total ETH Locked 955,013 ETH
  • ETH Locked 1d 36,754.13 ETH
  • 15 Sep 2020
  • TVL USD $670,148,628
  • TVL Change $29,443,561.00
  • Total ETH Locked 918,259 ETH
  • ETH Locked 1d 35,103.35 ETH
  • 14 Sep 2020
  • TVL USD $640,705,067
  • TVL Change $-4,109,742.00
  • Total ETH Locked 883,155 ETH
  • ETH Locked 1d 30,456.32 ETH
  • 13 Sep 2020
  • TVL USD $644,814,809
  • TVL Change $14,965,603.00
  • Total ETH Locked 852,699 ETH
  • ETH Locked 1d 24,562.42 ETH
  • 12 Sep 2020
  • TVL USD $629,849,206
  • TVL Change $15,152,900.00
  • Total ETH Locked 828,136 ETH
  • ETH Locked 1d -165.20 ETH
  • 11 Sep 2020
  • TVL USD $614,696,306
  • TVL Change $13,088,283.00
  • Total ETH Locked 828,302 ETH
  • ETH Locked 1d 22,901.85 ETH
  • 10 Sep 2020
  • TVL USD $601,608,023
  • TVL Change $12,499,325.00
  • Total ETH Locked 805,400 ETH
  • ETH Locked 1d 8,959.56 ETH
  • 09 Sep 2020
  • TVL USD $589,108,698
  • TVL Change $-20,284,526.00
  • Total ETH Locked 796,440 ETH
  • ETH Locked 1d 7,461.37 ETH
  • 08 Sep 2020
  • TVL USD $609,393,224
  • TVL Change $108,856.00
  • Total ETH Locked 788,979 ETH
  • ETH Locked 1d 16,920.08 ETH
  • 07 Sep 2020
  • TVL USD $609,284,368
  • TVL Change $-13,660,814.00
  • Total ETH Locked 772,059 ETH
  • ETH Locked 1d -68,678.52 ETH
  • 06 Sep 2020
  • TVL USD $622,945,182
  • TVL Change $-23,524,266.00
  • Total ETH Locked 840,737 ETH
  • ETH Locked 1d 114,713.90 ETH
  • 05 Sep 2020
  • TVL USD $646,469,448
  • TVL Change $-9,531,094.00
  • Total ETH Locked 726,023 ETH
  • ETH Locked 1d -19,378.95 ETH
  • 04 Sep 2020
  • TVL USD $656,000,542
  • TVL Change $-74,655,032.00
  • Total ETH Locked 745,402 ETH
  • ETH Locked 1d -86,694.11 ETH
  • 03 Sep 2020
  • TVL USD $730,655,574
  • TVL Change $-48,019,704.00
  • Total ETH Locked 832,096 ETH
  • ETH Locked 1d -11,310.28 ETH
  • 02 Sep 2020
  • TVL USD $778,675,278
  • TVL Change $11,950,603.00
  • Total ETH Locked 843,407 ETH
  • ETH Locked 1d -21,574.93 ETH
  • 01 Sep 2020
  • TVL USD $766,724,675
  • TVL Change $-20,454,787.00
  • Total ETH Locked 864,982 ETH
  • ETH Locked 1d -24,443.41 ETH
  • 31 Aug 2020
  • TVL USD $787,179,462
  • TVL Change $-5,105,276.00
  • Total ETH Locked 889,425 ETH
  • ETH Locked 1d -43,622.16 ETH
  • 30 Aug 2020
  • TVL USD $792,284,738
  • TVL Change $-9,166,741.00
  • Total ETH Locked 933,047 ETH
  • ETH Locked 1d -29,236.27 ETH