Compound raised $8 M in a Seed Round round on 2018-05-16.

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According to media reports, Compound raised $8 M in a Seed Round round on 2018-05-16.the investors in this funding round include Andreessen Horowitz,Polychain,Bain Capital Ventures,Coinbase Ventures,DHVC,Abstract Ventures,Compound VC,Transmedia Capital and others. Following this round, Compound's total funding reached $33 M.
Compound is a decentralized lending platform that enables users to borrow or lend from a pool of assets without permission. Interest rates are determined algorithmically based on the proportion of assets lent out. In the summer of 2020, the liquidity mining activity launched by Compound triggered the explosion of the DeFi market.

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COMP Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$8 M--2018-05-16Andreessen Horowitz,Polychain,Bain Capital Ventures,Coinbase Ventures,DHVC,Abstract Ventures,Compound VC,Transmedia Capital
Key Milestones
  • 2023-10-10
    Compound community votes to approve "Compound v2 deprecation" proposal
  • 2021-09-29
    losed $ 147 M in hack
  • 2020-06
    $COMP was live for trading
  • 2019-11-14
    Compound raised $ 25 M in Series A round
  • 2018-09-27
    Compound was live on mainnet
  • 2018-05-17
    Compound raised $ 8.2 M in Seed round
24-Hour High
$47.21
24-Hour Volume
$608.26K
All-Time High
$910.54
All-Time Low
$25.74
Market Cap / FDV
93.96%
FDV
$439.20M
24-Hour Low
$43.10
Market Cap
$439.20M
Circulating Supply
9.39M COMP
Total Supply
10.00M COMP
Max Supply
10.00M COMP
Market Sentiment
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