Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

How Compound Works

Cryptocurrency

What Value does the Compound Protocol (COMP) have?

They claim Compound was earning interest on $10.730 billion worth of assets in 18 markets on 22 March 2022. For example, they claim Compound was earning 1.6% interest on $88.331 million worth of TrueUSD (TUSD). In addition, they claim Compound was earning 2.69% interest on $2.092 billion worth of DAI (DAI), 6.38% interest on $401,397 worth of SushiSwap (SUSHI), and 2.91% interest on $713.837 million worth of Tether (USDT).

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