Compound Finance
Algorithmic money markets for lending with COMP governance.
DeFi Protocols
Lending & Borrowing
Free Available
Pricing
Free Available
Platforms
Web
API Access
Yes
Founded
2018
Overview
Compound is a battle-tested lending protocol with ~$3B TVL. Compound III (Comet) features single-asset borrow design (USDC-centric). Invented liquidity mining in 2020's DeFi Summer. COMP governance token voting across 5 chains.
Key Features
- Compound III (Comet): single-asset borrow
- Algorithmic interest rates
- COMP governance token voting
- Invented liquidity mining (DeFi Summer 2020)
- 5-chain deployment
- Reduced attack surface vs pooled markets
Pricing Plans
Variable
Variable rates
- Algorithmic rates
- COMP rewards
- Multi-chain
