Is Compound safe to use?

Compound implements security measures. Always do your own research before using any financial service.

Crypto Wallets Series B

Compound

Q: What are the main features of Compound?

Algorithmic real-time interest rate adjustment engine, Non-custodial ERC-20 token lending markets, Multi-chain deployment: Ethereum, Base, Arbitrum, Polygon, On-chain COMP governance with delegate voting, cToken receipt mechanism for composable yield accrual

Q: What are the pros of using Compound?

Battle-tested smart contract infrastructure, Zero minimum borrow or lend, Fully open-source and audited, Multi-chain EVM-compatible deployment

Q: What are the cons of Compound?

No fiat on-ramp support, Smart contract exploit risk, Complex governance participation curve

Decentralized, institutional-grade lending protocol powering real-time DeFi yield

Available in 8 countries Last verified: May 2026

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Founded

2017

Total Funding

$71.33M

Employees

11-50

🏢 Company Overview

Headquarters

San Francisco, USA

CEO

Robert Leshner

Funding Stage

Series B

Total Funding

$71.33M

Pricing

Free

No — protocol is non-custodial; smart contract audits and formal verification provide security assurance

ℹ️ About Compound

About Compound Compound is an open-source, algorithmic DeFi lending protocol built on Ethereum that enables permissionless, non-custodial borrowing and lending of cryptocurrency assets at dynamically adjusted interest rates.

The protocol operates entirely via audited smart contracts—no intermediaries, no minimum deposits—allowing any wallet holder to supply collateral, earn yield, or borrow against digital assets in real time across Ethereum, Base, Arbitrum, and Polygon.

Compound III (Comet), the latest architecture, introduces single-base-asset money markets with isolated risk, EVM-compatible multi-chain deployment, and governance fully managed by COMP token holders through on-chain proposals.

Interest rates self-adjust algorithmically based on live supply-demand dynamics, making Compound one of the earliest and most battle-tested autonomous interest rate markets in the decentralized finance ecosystem.

Founded in 2017 by Robert Leshner and developed by Compound Labs, Inc.

(San Francisco), the protocol has undergone formal security verification by Certora and comprehensive audits by OpenZeppelin, cementing its position as foundational DeFi infrastructure trusted by billions in cumulative volume.