Compound

Curve Finance data shows hundreds of borrower positions entered soft liquidation without being immediately closed out. The protocol’s LLAMMA model gradually converts collateral across a price range, creating a more flexible but still risky liquidation path.

The Compound (COMP) token has dropped by 6.7% following concerns over a potential "governance attack" on its DAO. This comes after a whale named Humpy and a group called the Golden Boys successfully passed a controversial proposal to allocate $24 million in COMP to the yield-bearing protocol goldCOMP, sparking significant backlash and raising questions about the security of decentralized governance.