Finance

FTX Releases COMP Derivatives to Keep Up With DeFi Frenzy

Crypto exchange FTX is launching COMP derivatives later Thursday as deposits on the Compound DeFi platform soar past $300 million.

Sharks

Tech

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.

(Shutterstock)

Markets

First Mover: Compound Has Been a DeFi Darling. Its New Token Is Priced Accordingly

The frenzy around decentralized lender Compound's new governance token reveals growing excitement for the DeFi space overall.

(Everett Collection/Shutterstock)

Tech

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.

(Menno van der Haven/Shutterstock)

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Tech

Compound’s Approach to DeFi Governance Starts With Giving Away COMP Tokens

Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.

DEMOCRACY: Ancient Greeks on a 1955 drachma banknote. (Credit: Shutterstock)

Markets

Dai Lending Rates Rise to One-Month High on DeFi Platform Compound

Interest rates on dai deposits have spiked on DeFi platform Compound, another ripple effect of the global financial crisis.

Ripple

Finance

Coinbase Custody Doubles Down on DeFi Governance Options

Coinbase is making it easier for its Custody clients to vote their tokens on more DeFi protocols. New tools for Compound were announced Thursday.

Crypto custodians are increasingly mindful of how stored tokens should be used in governing DeFi protocols. (Credit: NYPL)

Finance

Chicago's Trading Firms Look to DeFi With New 'Alliance'

DeFi may actually grow during the coronavirus crisis. TD Ameritrade, Cumberland, CMT Digital, DV Trading and Jump Trading are hoping to facilitate.

Imran Khan of Volt Capital is the DeFi Alliance's project lead.

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Finance

Compound Extends DeFi Ethos to Itself, Launches Governance Token

DeFi platform Compound is launching the testnet of a new platform today for decentralizing the site's governance.

Credit: Shutterstock

Finance

Options Protocol Brings 'Insurance' to DeFi Deposits on Compound

A company called Opyn is bringing trustless insurance to the Compound DeFi protocol.

Opyn co-founder Zubin Koticha. (Courtesy photo)