Compound
Compound v2Compound v3Compound Finance
One of the original DeFi lending markets — pioneered the cToken model and on-chain governance.
Compound v2 introduced cTokens (interest-accruing receipts) and the COMP governance distribution that arguably catalysed DeFi summer 2020. Compound v3 ("Comet") moved to a single-borrowable-asset, isolated-collateral design, with USDC, USDT, ETH, and WETH markets on Ethereum, Arbitrum, Base, Polygon, and Optimism.
See on StableLens
/protocol/compound-v3 — live data, risk grade, and methodology citation.
Related terms
- Lending marketA pool-based protocol where suppliers earn interest from borrowers, with rates set algorithmically by utilisation.
- AaveDecentralised lending market — the largest by TVL — with stablecoin supply and borrow markets across 12+ chains.
- COMPCompound governance token — the first major DeFi liquidity-mining distribution (June 2020).
- Governance tokenA token whose holders can vote on protocol parameters, treasury allocation, and code upgrades.