Compound

Compound

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Category: Decentralised Borrowing & Lending
TVL: $565M

Compound


Compound operates as a protocol on the Ethereum blockchain that enables users to lend and borrow popular cryptocurrencies without going through a traditional financial intermediary. It utilizes smart contracts to manage assets and interests, providing a transparent and efficient way for users to earn interest on their crypto holdings or take out loans.

Funding Rounds

Funding Round: Series A
Funding Date: 14 Nov, 2019
Raised Amount: $25M

Investors