Compound

Rate

At this moment, the price of Compound is —. The 24-hour trading volume is —. Over the past 24 hours, the price of Compound has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.

History

One of the earliest DeFi protocols, it launched in 2018. Its 2020 governance-token distribution effectively started the yield-farming era.

Technology

Lenders deposit assets into pools and receive interest-bearing tokens; borrowers post collateral and are liquidated automatically if it falls short. Rates adjust with pool utilisation.

Use cases

It is followed as a benchmark for on-chain credit, and its rates are a reference point for the cost of leverage in DeFi.

Forecast

Walbi does not publish price targets. What can be said is what moves this instrument: it is followed as a benchmark for on-chain credit, and its rates are a reference point for the cost of leverage in DeFi. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.