Report: The Compound loan market has reached US $ 1.5 billion

According to the Compound research report released by Defi Rate, as of March, the accumulated deposits on Compound reached US $ 1.5 billion. Since its inception, ETH has been the largest contributor to this figure, providing more than $ 604 million in funding. In this way, most of the total supply assets come from the two main DeFi stablecoins: DAI (and its predecessor SAI) and USDC. Maker ’s Dai / Sai totaled more than $ 532 million in funding to Compound, accounting for about one-third of all deposits. Compound's other major currency market includes Coinbase's USDC, which has a cumulative deposit of $ 287 million.