The DeFi industry seems to be imploding with fresh capital. More and more money is finding its way to the Compound platform, allowing it to surpass MakerDAo in terms of total value locked.
Cryptocurrency holders are looking for multiple ways to make money.
A passive revenue stream can be of great value in this regard.
Through DeFi solutions, that concept has become a lot more approachable, assuming one holds the right assets.
Compound is now officially the most popular decentralized finance solution.
It has surpassed MakerDAO in terms of total value locked.
As a result of this growth, the native COMP token has also gone through major growth.
It has surpassed a value of $360 today, although that momentum seems unsustainable in the long run.
The growth of Compound has been remarkable, to say the least.
Its total value locked increased by over $500 million in the span of several days.
Moreover, it seems as if money is being pulled out of MakerDAO and moved to Compound accordingly.
At the time of writing, Compound represents nearly 40% of all funds locked in DeFi protocols today.
Sustaining this level of growth will be challenging, albeit anything is possible in this nascent industry.
On April 22, 2025, a potent display of market momentum took place when spot Bitcoin…
The Bitcoin derivatives market was electrified on April 22, 2025, by a stunning $2.2 billion…
As gold breaks through the historic $3,500 per ounce mark for the first time, a…
In the high-stakes realm of investing in cryptocurrencies, tokens with small market capitalizations and low…
Following a few months of turbulence, it appears that the memecoin excitement on Solana has…
Over the last year, holders of locked tokens in the crypto market have suffered greatly—from…
