There Are More DAI on Compound Now Than There Are DAI in the World

We might be entering into the era of genetically modified yield farming. Or maybe decentralized finance (DeFi) just doesn’t make sense anymore. There are currently far more DAI in supply on Compound than there are DAI in the world, at least according to the numbers reported by Compound’s website. Assuming that nothing has gone awry […]

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Compound Tops MakerDAO, Now Has the Most Value Staked in DeFi

Compound overtook MakerDAO Saturday as the decentralized finance (DeFi) protocol with the most value locked. As of June 20, Compound has $484 million in cryptocurrency locked, while MakerDAO has $481 million, according to DeFi Pulse. The COMP token is trading at $220.25 as of this writing, according to CoinGecko. It’s all time high price has […]

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