Compound Research Hub | COMP information, history and analysis

ChainAware.ai has introduced a revolutionary Web3 User Analytics Dashboard. This platform aggregates critical data from popular decentralized finance protocols, including Aave and Compound, empowering users with real-time analytics and improved engagement strategies.

The dashboard also incorporates fraud risk assessment capabilities, enabling users to identify potential security threats. This ensures effective risk mitigation while preserving a seamless user experience, vital for maintaining trust in a dynamic market.

Robert Leshner has been appointed to Nansen’s Board of Directors. Leshner, the CEO of Compound, brings significant experience in DeFi and will assist in expanding Nansen’s product offerings.

Nansen Plans to launch Nansen Points in Q2 2025, allowing users to earn points retroactively. Current market performance shows COMP coin priced at 44.15 USD, experiencing daily, weekly, and monthly fluctuations.

COMP is at a crucial support level, and recent market activity has been predominantly bearish, with significant selling occurring weekly.

In the last week, COMP has dropped by 12.31%, and by 24.92% over the month. A declining open interest of 1.83% identifies seller dominance.

If COMP breaches its support level, the price could fall further, aligning with a bearish flag pattern and challenging current market confidence.

Compound (COMP) is currently at a pivotal support level of 46 USD. Although the daily chart shows a bearish trend, enhanced buying pressure indicates a possible upward price movement.

The formation of a symmetrical triangle pattern hints at a potential 20% price increase. Investors should also monitor longer-term on-chain metrics for actionable insights.

The Ethereum Foundation invested 120 million USD in Ether across various DeFi protocols, specifically deploying 30,800 ETH to Aave, 4,200 ETH to Compound, and 10,000 ETH to Spark. This investment highlights a new strategy aiming to minimize reliance on selling ETH for operational costs.

The investment has been met positively within the community, with key figures like Aave’s CEO, Stani Kulechov, commending the foundation’s significant move. This pivot towards a sustainable funding model may also help Ethereum navigate future market challenges.

Token Spotlight: Compound (COMP) and its ambition to open the door to DeFi for every token

COMP has a unique cTokens mechanism and a very smart and flexible interest rate calculation mechanism. In addition, Compound also acts as a bank in the Blockchain world.

Details: https://bit.ly/3Yxqufk.

Compound (COMP) peaked at 1,846,474 VNDC, up 178.449% in the past 1 month

COMP, the native token of the Compound ecosystem, is confirming the platform’s stability by maintaining a consistent growth rate of more than 178% after one month.

Compound treasury launches borrowing for institutions

On September 14th, Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced the launch of a lending service for institutional investors.

According to the announcement, institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using Bitcoin (BTC), Ether (ETH), and supported ERC-20 assets as collateral.

Compound deploys USDC lending market

Compound Labs has announced the first smart contract deployment for Compound III, which will create a USDC lending marketplace on Ethereum.

The implementation of the USDC lending marketplace is the first product of Compound III, which has just been launched by the platform to expand into multi-chain lending, rolling out on all Ethereum Virtual Machine (EVM) compatible networks, launching in late June 2022.