Welcome to Compound Weekly, where we present updates from the Compound community & ecosystem. To learn more and contribute your updates, please join over 4,000 other members in our community Discord.
Eidoo, a multi-currency wallet with a hybrid exchange built in, announced support for cDAI. Users can now view & manage Compound DAI balances directly from Eidoo.
Floatify announced the launch of a fiat to Compound on-ramp, built on top of Wyre, that allows users to easily supply assets to the Compound protocol.
Baptiste Grève announced the launch of MyDefi, an Ethereum dashboard to easily visualize DeFi balances & activity. At launch, MyDefi supports Compound, MakerDAO, and TokenSets.
Nick Springer launched Cold Crypto, an iOS application that tracks Compound protocol balances, Maker CDPs and over 50 different token balances. Each Compound market is included, with information about supplying or borrowing assets from the protocol.
Compound Turns 1
One year ago on Sept 27th 2018, Compound V1 was launched to the public, with support for four assets; Ether, BAT, ZRX, and REP.
In the Compound protocol’s first year, there were quite a few milestones:
The protocol was upgraded to V2
Three new assets were supported; DAI, USDC and WBTC
Dozens of interfaces and applications have integrated the protocol, and many more are building on Compound
We’re looking forward to the next 99 years.
Updates & Press
DeFi Series #2 – Arbitrage and Carry Trade from Binance Research
Total supply is currently at $153 million from 12,000+ suppliers. Total borrowing is at $41 million from 1,400 borrowers.
The three largest suppliers this week were for 26,000 ETH; 3.2 million USDC; and 8,000 ETH and 100,000 DAI. The three largest borrowers this week were for 600,000 DAI and 70,000 USDC; 3,000 ETH; and 500,000 DAI.
For live figures please refer to our /markets page.
▶️ Compound featured as the top- rated protocol in the DeFi Score video from Jack Clancy
Compound discussed by Ryan Sean Adams in his recent podcast with Eric Conner.
▶️ Defi will bring the masses into crypto by Crypto Awareness
▶️ Zerion speaks about their Compound integration at Crypto Summit
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