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Compound Opens Institutional-Only Lending Market

Compiled by KoinLens from 1 source

Importance 39Bullish* Trust 76 · 1 source3.3Market Impact: 3.3/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
Compound Opens Institutional-Only Lending Market

The market lends USDC against ETH, wstETH, WBTC and cbBTC to whitelisted institutions only, at loan-to-value ratios of up to 87%. Compound says it was oversubscribed at launch, with DeFi Saver, K3/Nexo, KPK and Yearn taking part.

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