Compound's ($COMP ) recent market performance has indeed been somewhat sluggish—TVL has fallen from a peak of $12 billion to $1.2 billion. But looking at it from another angle, this kind of deep pullback may actually be sowing opportunities.
The key changes lie in the leadership reshuffle and the approval of a record-breaking $52 million budget, with a very clear direction: to institutionalize the protocol and bet on real-asset credit infrastructure. When established DeFi protocols begin taking RWA seriously, the imagination space for this track will be reopened.
In the short term, prices remain under pressure, but a fundamental “refurbishment” often happens before price responds. The real question is not whether TVL can come back, but whether Compound can regain pricing power within this new institutional credit narrative. #COMP
The key changes lie in the leadership reshuffle and the approval of a record-breaking $52 million budget, with a very clear direction: to institutionalize the protocol and bet on real-asset credit infrastructure. When established DeFi protocols begin taking RWA seriously, the imagination space for this track will be reopened.
In the short term, prices remain under pressure, but a fundamental “refurbishment” often happens before price responds. The real question is not whether TVL can come back, but whether Compound can regain pricing power within this new institutional credit narrative. #COMP