• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

CRAZY Week in Crypto… What’s Coming Next Will SHOCK You 😱

2025-05-24

Bitcoin Culture Has Always Been Anti-Spam

2025-05-24

Bitcoin Megatrends 💥 Domino Finance Set to Explode! 🧨📈

2025-05-23

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21

    A Beginner’s Guide to Crypto

    2025-05-15

    10 Years of Steadfast Support and Compliance

    2025-05-15
  • Videos

    CRAZY Week in Crypto… What’s Coming Next Will SHOCK You 😱

    2025-05-24

    Bitcoin Culture Has Always Been Anti-Spam

    2025-05-24

    Bitcoin Megatrends 💥 Domino Finance Set to Explode! 🧨📈

    2025-05-23

    Celebrating US Dollar Pizza Day

    2025-05-23

    CRYPTO’S NEXT RAPPID MOVE WILL SHOCK YOU!!!

    2025-05-23
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»DeFi»Compound’s outstanding debt on Ethereum hits $1 billion
DeFi

Compound’s outstanding debt on Ethereum hits $1 billion

2023-07-17No Comments1 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Decentralized lending protocol Compound’s outstanding debt on Ethereum surpassed $1 billion– the highest it has been in a year, according to The Block’s data dashboard.

The increase in outstanding debt represents a shift in the crypto market, which was hammered by a credit crisis in 2022. Across the board lenders from BlockFi to Celsius declared bankruptcy, resulting in a gap in crypto’s market structure. On July 14, outstanding debt stood at $1.07 billion.

Compound is a money market protocol where users can borrow and lend assets. Interest rates are determined algorithmically. COMP token holders govern the Compound protocol.

See also  Lending Platform Maple Prepares New U.S. Treasury Pool, MPL Token Rises 23%
Billion Compounds debt Ethereum Hits Outstanding
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETHEREUM.. Sell? Hold? Switch to Bitcoin? 🤔

2025-05-05

How Michael Saylor Leverages Debt for Bitcoin??!!

2025-04-30

Ethereum To $13,712: The Hopium Is Strong With This One…

2025-04-28

FBI reports $9.3 billion in US targeted crypto scams as elderly hit hardest

2025-04-24
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Regulation

Ripple CTO David Schwartz calls for legislative action to clarify crypto regulations

2023-11-29

David Schwartz, CTO of Ripple, recently shared his thoughts on the changing dynamics of U.S.…

NFT

How Bitcoin Ordinals Is Taking NFTs To New Heights

2023-05-09

NFT Wu reported that the BSV community has been instrumental in developing Bitcoin Ordinals and…

Videos

The REAL Reason Bitcoin Is UNSTOPPABLE and About To EXPLODE!

2024-09-28

Nico highlights the unstoppable spread of the “freedom mind virus,” deeply intertwined with Bitcoin. He…

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

CRAZY Week in Crypto… What’s Coming Next Will SHOCK You 😱

2025-05-24

Bitcoin Culture Has Always Been Anti-Spam

2025-05-24

Bitcoin Megatrends 💥 Domino Finance Set to Explode! 🧨📈

2025-05-23

What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

2025-05-23
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,110.97
ethereum
Ethereum (ETH) $ 2,511.18
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.32
bnb
BNB (BNB) $ 664.79
solana
Solana (SOL) $ 173.96
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.223461
cardano
Cardano (ADA) $ 0.741285
tron
TRON (TRX) $ 0.272497
bitcoin
Bitcoin (BTC) $ 108,110.97
ethereum
Ethereum (ETH) $ 2,511.18
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.32
bnb
BNB (BNB) $ 664.79
solana
Solana (SOL) $ 173.96
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.223461
cardano
Cardano (ADA) $ 0.741285
tron
TRON (TRX) $ 0.272497