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Compound Finance
Compound Finance is a decentralized finance (DeFi) protocol that provides a global market for capital, enabling users to earn yield on deposited assets and borrow against crypto collateral. It serves crypto asset holders and DeFi users seeking to earn yield, access liquidity, or borrow against established digital assets like ETH, WBTC, and stablecoins.
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Compound V3
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Description
Compound is a decentralized, blockchain-based protocol that allows users to lend and borrow crypto assets. Lenders can earn interest on their digital assets by supplying them to the protocol, while borrowers can take out loans by providing collateral. The platform supports a variety of assets across multiple blockchain networks, including Ethereum, Arbitrum, and Polygon, and emphasizes security through formal verification, security audits, and a bug bounty program.Category: Decentralised Borrowing & Lending
TVL: $1.2B
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