Cryptocurrency lending agreement Compound’s total borrowing volume exceeds $1 billion

According to DeBank data, the total borrowing scale of the cryptocurrency lending protocol Compound has exceeded 1 billion U.S. dollars and is now 1.097 billion U.S. dollars. It continues to rank first in the decentralized crypto lending market with a large advantage, and its market share is hovering at 80% this week. Nearby, it is 5 times higher than the current second-ranked Maker’s borrowing scale of about $200 million.