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Project Overview
Comet is a privacy-focused native lending protocol. It allows users to borrow, lend and manage positions through private addresses while controlling the visibility of data on the chain. All lending and borrowing activities are performed through secret derived addresses, ensuring user privacy and confidentiality of on-chain behavior.
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Compound Foundation: WETH and wstETH Comet Markets Resume Trading
the Compound Foundation stated on X platform that, in coordination with the Kelp and Aave teams, and to avoid disrupting broader DeFi recovery efforts, the Comet markets for WETH and wstETH on Ethereum have resumed trading. It also noted that depending on the specific timing of Kelp's thawing of rsETH, temporary suspensions may still occur in relevant markets during the liquidation window for vulnerability-related positions. Specific arrangements have yet to be determined.
JPG Store, Cardano’s largest NFT marketplace, announces shutdown and will cease operations on May 23.
According to the official announcement from JPG Store, the NFT marketplace JPG Store—and its associated platform Comet—which has served the Cardano ecosystem for over four years, will officially shut down on May 23, 2026, due to unsustainable operations. After the shutdown, NFTs held in users’ self-custodial wallets and within JPG Store’s smart contracts will remain fully owned by users and can still be accessed via other aggregation platforms or the Cardano CLI. The smart contracts will remain open-source, and the platform is also providing a GitHub link to enable community developers to continue building related tools.