Block Network

COMP spot trading against USDT started at 6 AM UTC today.
Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade. COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are managed through a decentralized peer-to-peer blockchain-based protocol.After its 2017 launch, the platform grew to reach the top spot among all the DeFi services based on the total value of assets locked, according to DeFi Pulse.In a June 29 announcement, OKEx stated that COMP spot trading against Bitcoin (BTC) Tether’s USDT stablecoin began at 6 AM UTC today. COMP deposits launched one hour before and withdrawals one hour after trading started.