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Compound

Compound is an EVM-compatible lending protocol. Users can supply crypto assets as collateral to borrow a base asset, and can earn interest by supplying the base asset.
Distributed

Compound V2


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Description

Compound v2 provides pooled liquidity markets enabling users to supply assets as collateral and borrow multiple asset types. The system uses cTokens as receipt tokens representing supplied assets, with interest rates determined algorithmically based on utilization. Users can borrow any supported asset against their collateral while earning interest on supplied funds.

Category: Decentralised Borrowing & Lending

Compound III


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Description

Compound III provides single-asset borrowing markets with isolated collateral pools for enhanced security and capital efficiency. Each deployment supports borrowing one base asset using approved collateral types that remain user property unless liquidated. The protocol features reduced gas costs, lower liquidation penalties, and algorithmic interest rates while eliminating pooled-risk across multiple borrowable assets.

Category: Decentralised Borrowing & Lending