Compound Buy Token

www.compound.finance

Total Value Locked

$809.7M

USD Locked

$809.7M

ETH Supply Locked

971,094.16

Blockchain

Ethereum

Change

-0.08%

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
  • 05 Aug 2020
  • TVL USD $816,928,141
  • TVL Change $6,877,202.00
  • Total ETH Locked 986,114 ETH
  • ETH Locked 1d 7,585.44 ETH
  • 04 Aug 2020
  • TVL USD $810,050,939
  • TVL Change $58,211,458.00
  • Total ETH Locked 978,529 ETH
  • ETH Locked 1d -51,143.02 ETH
  • 03 Aug 2020
  • TVL USD $751,839,481
  • TVL Change $-10,959,319.00
  • Total ETH Locked 1,029,672 ETH
  • ETH Locked 1d 26,346.61 ETH
  • 02 Aug 2020
  • TVL USD $762,798,800
  • TVL Change $64,535,068.00
  • Total ETH Locked 1,003,325 ETH
  • ETH Locked 1d 50,426.78 ETH
  • 01 Aug 2020
  • TVL USD $698,263,732
  • TVL Change $-40,543,528.00
  • Total ETH Locked 952,899 ETH
  • ETH Locked 1d -29,187.17 ETH
  • 31 Jul 2020
  • TVL USD $738,807,260
  • TVL Change $-34,418,078.00
  • Total ETH Locked 982,086 ETH
  • ETH Locked 1d 51,163.59 ETH
  • 30 Jul 2020
  • TVL USD $773,225,338
  • TVL Change $-17,248,244.00
  • Total ETH Locked 930,922 ETH
  • ETH Locked 1d 23,037.13 ETH
  • 29 Jul 2020
  • TVL USD $790,473,582
  • TVL Change $7,865,374.00
  • Total ETH Locked 907,885 ETH
  • ETH Locked 1d -2,160.71 ETH
  • 28 Jul 2020
  • TVL USD $782,608,208
  • TVL Change $60,194,199.00
  • Total ETH Locked 910,046 ETH
  • ETH Locked 1d 15,776.38 ETH
  • 27 Jul 2020
  • TVL USD $722,414,009
  • TVL Change $134,536,859.00
  • Total ETH Locked 894,269 ETH
  • ETH Locked 1d 3,486.37 ETH
  • 26 Jul 2020
  • TVL USD $587,877,150
  • TVL Change $4,341,973.00
  • Total ETH Locked 890,783 ETH
  • ETH Locked 1d -82,128.27 ETH
  • 25 Jul 2020
  • TVL USD $583,535,177
  • TVL Change $25,692,382.00
  • Total ETH Locked 972,911 ETH
  • ETH Locked 1d 19,121.96 ETH
  • 24 Jul 2020
  • TVL USD $557,842,795
  • TVL Change $-14,582,172.00
  • Total ETH Locked 953,789 ETH
  • ETH Locked 1d -18,151.13 ETH
  • 23 Jul 2020
  • TVL USD $572,424,967
  • TVL Change $927,933.00
  • Total ETH Locked 971,940 ETH
  • ETH Locked 1d -71,264.10 ETH
  • 22 Jul 2020
  • TVL USD $571,497,034
  • TVL Change $-7,668,367.00
  • Total ETH Locked 1,043,205 ETH
  • ETH Locked 1d 15,989.78 ETH
  • 21 Jul 2020
  • TVL USD $579,165,401
  • TVL Change $-59,094,827.00
  • Total ETH Locked 1,027,215 ETH
  • ETH Locked 1d 67,372.75 ETH
  • 20 Jul 2020
  • TVL USD $638,260,228
  • TVL Change $-38,318,507.00
  • Total ETH Locked 959,842 ETH
  • ETH Locked 1d 39,183.47 ETH
  • 19 Jul 2020
  • TVL USD $676,578,735
  • TVL Change $-16,683,896.00
  • Total ETH Locked 920,659 ETH
  • ETH Locked 1d 6,611.63 ETH
  • 18 Jul 2020
  • TVL USD $693,262,631
  • TVL Change $-4,574,160.00
  • Total ETH Locked 914,047 ETH
  • ETH Locked 1d 818.28 ETH
  • 17 Jul 2020
  • TVL USD $697,836,791
  • TVL Change $134,894.00
  • Total ETH Locked 913,229 ETH
  • ETH Locked 1d 4,491.56 ETH