About
Compound is one of the original DeFi lending protocols, popularizing algorithmic interest rates and the cToken model. Compound III (Comet) uses single-borrow-asset markets (often USDC-centric) for capital efficiency. Stablecoins are core supply and borrow markets, and the protocol holds roughly $2-3B TVL.
Key products
Chains
- Founded
- 2017
- HQ
- San Francisco, USA
- Stage
- Token (COMP)
- Funding
- Raised ~$33M (a16z, Bain, Paradigm)
Related companies
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1inch
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Aave
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Abracadabra (MIM)
Magic Internet Money stablecoin backed by interest-bearing assets
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Acala (aUSD)
Polkadot-native overcollateralized stablecoin aUSD
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Across Protocol
Intent-based optimistic cross-chain bridge
Across is an intents-based bridge where users deposit on the origin chain and relayers fill on the destination in seconds, settling via UMA's optimistic oracle. It co-authored the ERC-7683 cross-chain intents standard and offers fast, low-cost stablecoin bridging across major L2s.