Compound V4 Development has entered the implementation phase, with institutional-market deposits and collateral supply surpassing 60000000 USD

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Compound V4 Development has entered the implementation phase, with institutional-market deposits and collateral supply surpassing 60000000 USD BlockBeats news,October 12，Compound Foundation published September a progress report,Compound V4 which states that core product and technical specifications have been completed, and initial smart-contract development and code review have begun. The institutional market went September 8 live, and as of September 25, total deposits and collateral supplied had exceeded 60000000 USD, while outstanding USDC borrowing exceeded 18000000 USD. The report shows that the institutional market is a development deployment for testing certain V4 features and collecting real-world feedback.September 29 The update also shows that borrowing demand grew by nearly 10%，USDC; the base rate for suppliers at that time was 6.35%. In addition, Compound has expanded distribution channels for the institutional market through Gate Earn; legacy COMP rewards became available to claim through Merkl on September 10, with more than 106,900 COMP available to claim.

On the operations side,Compound Foundation stated that the annual cost of renewing Cactus had decreased by approximately one-third, while the comparable annual service cost of renewing the security service provider had decreased by 17%。V4 Overall progress remains on schedule, and October will continue development, code review, and testing, while completing the security review of the Integration Kit and preparing to launch certain liquidation features.

Original link https://m.theblockbeats.info/flash/371295

Key points

Compound Foundation published September a progress report.
Compound V4 Core product and technical specifications have been completed, and initial smart-contract development and code review have begun.
The institutional market went September 8 live, and as of September 25, total deposits and collateral supplied exceeded 60000000 USD。
As of September 25, outstanding institutional-market USDC borrowing exceeded 18000000 USD。
The institutional market is used to test certain V4 features and collect real-world feedback.
September 29 The update shows that borrowing demand grew by nearly 10%，USDC The base rate for suppliers was 6.35%。
Compound has expanded distribution channels for the institutional market through Gate Earn.
Legacy COMP rewards became available to claim through Merkl on September 10, with more than 106900 tokens COMP available to claim.
Compound Foundation stated that Cactus's annual renewal cost had decreased by approximately one-third, while the comparable annual service cost of renewing the security service provider had decreased 17%。
October will continue development, code review, and testing, while completing the security review of the Integration Kit and preparing to launch certain liquidation features.

AI-assisted interpretation

The following is analysis, separate from reported facts. Verify important claims independently.

The progress report states that Compound is moving V4 from specification design to smart-contract development, code review, and testing. Its institutional market has accumulated more than 60000000 USD in deposits and collateral supplied, with more than 18000000 USD in outstanding USDC borrowing.

Why it matters to readers

The report shows V4 that development has entered the implementation phase, while the institutional market is also being used for real-world testing and feedback collection; subsequent development, review, testing, and liquidation-feature preparation are the main areas to monitor.

The institutional market can be understood as a lending market used to test new features. Deposits and collateral supplied reflect the amount of capital entering the market, while outstanding borrowing reflects the amount lent out in USDC terms.

Risks and unknowns

The above information was relayed by BlockBeats news from Compound Foundation a progress report; no original link to the foundation's report or independent verification record was provided.
The evidence does not indicate exceeding 60000000 USD and exceeding 18000000 USD whether the data continued to grow on subsequent dates.
Evidence does not state V4 whether development, code review, testing, and settlement function preparations were ultimately completed as planned.

Compound V4 Development has entered the implementation phase, with institutional-market deposits and collateral supply surpassing 60000000 USD

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