Credit · Lending · COMP
Compound is one of the original DeFi lending protocols. Compound III simplifies each market to a single borrowable base asset with other assets posted purely as collateral.
Simple, battle-tested money markets (Compound III).
Protocol TVL
Latest data
Users
Depositors
Supply APY
Market cap
Latest data
Coins under Compound
Member products
On-chain + off-chain aggregates across member coins
Protocol TVLDeFi Llama
$1.49B
Member mcap totalCoinGecko
$160.1M
Weighted 24h moveMcap-weighted
-1.2%
−$1.9M implied
Fees · 24hDeFi Llama
$73.2K
Revenue · 24hDeFi Llama
$7.9K
Protocol TVL · 30ddefillama
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Showing 2 of 2 coins
Consistent cross-network snapshot · synced 13h ago
Price
Token market (secondary)
TVL by chain
Compound is the original algorithmic money market: users supply assets to a pool, interest rates adjust in real time with utilisation, and borrowers post collateral to draw funds. Compound III, codenamed Comet, replaced the pooled-risk model of v2 with a one-base-asset-per-market design in which each deployment supports a single borrowable base asset and a list of collateral assets that cannot themselves be borrowed and earn no interest (Compound docs). Borrowing capacity comes from a per-collateral `borrowCollateralFactor`, capped by a per-asset `supplyCap`, with a `baseBorrowMin` floor on position size and signed base-token balances where positive means supplied and negative means borrowed (Compound docs). Loans are perpetual and liquidation is via `absorb()`, which transfers collateral to protocol reserves at a discount (Eco). Users are mostly stablecoin borrowers seeking leverage on blue-chip collateral, plus COMP-incentivised suppliers.
