Compound will close the USDC market on Scroll, with outstand
Compound Foundation announced on November 8, 2026 that Compound's USDC market deployed on Scroll will soon be closed, and outstanding borrows will face liquidation within the coming weeks; previously, Scroll had asked users to address their DeFi positions. The two sources differ slightly in how they describe the scope of the liquidation.
Event timeline
- [11-08 00:39] Compound to close USDC market on Scroll, outstanding loans to face liquidation within the coming weeks (Odaily 星球日报)
- [11-08 00:46] Compound to close USDC market on Scroll, outstanding loans to be liquidated within weeks (PANews)
Background and impact
In the early hours of November 8, 2026, Compound Foundation posted an announcement on X stating that Compound's USDC market deployed on Scroll would soon be closed. Odaily 星球日报 reported the news at 00:39 that day, and PANews followed at 00:46. The core statements of the two sources are basically consistent: Compound reminded users who still have borrows to repay their loans as soon as possible, and within the coming weeks, loans not yet repaid will face liquidation.
In terms of background, both sources mention that before Compound made this arrangement, Scroll had already asked users to address their DeFi positions. In other words, this closure of the USDC market came after Scroll had already issued a notice at its level regarding DeFi positions; it was not an isolated action. Compound Foundation's announcement included the market in the closure arrangement and directly provided guidance for the borrowing side: repay as soon as possible, otherwise the liquidation process will begin. As for the specific steps for carrying out the closure, the remaining size of the market, and the number of people involved, neither document disclosed them.
It should be noted that the two media outlets differ slightly in their wording on the scope of the liquidation. Odaily 星球日报's wording is "all loans not yet repaid will face liquidation," while PANews wrote "all loans will face liquidation." The former uses "not yet repaid" as a limiting condition, while the latter does not. Neither document provides further explanation on this point, and the full text of the original announcement is not presented in the materials, so how exactly the scope of the liquidation is defined cannot currently be confirmed from the available information. In addition, neither gives a specific point in time for the liquidation, stating only that it will occur "within the coming weeks."
In terms of impact, those most directly affected are users who still have outstanding borrows in Compound's USDC market deployed on Scroll; their positions may be liquidated within the coming weeks. For users who only participate in Compound deployments on other networks, neither document mentions corresponding adjustments, and no inference should be made on that basis. For readers who wish to keep tracking developments in multi-chain lending protocols, related application entry points are often searched using keywords such as 币安binance注册APP下载, 欧易OKX注册APP下载, 火币HTX注册APP下载, 芝麻Gate.io注册APP下载, and Bitget注册APP下载; specific arrangements should still be subject to the protocol's official announcements.
Frequently asked questions
### Which users will this adjustment affect?
Directly affected are users who still have outstanding borrows in Compound's USDC market deployed on Scroll. Compound Foundation reminds these users to repay as soon as possible; otherwise, the relevant loans will face liquidation within the coming weeks. The materials do not mention whether deployments on other networks will be adjusted at the same time.
### When exactly will the liquidation happen?
Both documents only state that it will occur "within the coming weeks," without giving specific dates or phased arrangements. The full text of Compound Foundation's announcement is also not fully presented in the materials, and subsequent milestones should be based on further official disclosure.
### Do the two media outlets' accounts differ?
There is a slight difference: Odaily 星球日报 wrote "all loans not yet repaid," while PANews wrote "all loans"; the former adds a layer of limitation. Neither document provides further explanation, so the scope of the liquidation cannot be judged on this basis.