Compound V2(COMP)
Total Value Locked$112.23m
TVL by Chain
Ethereum$112.23m
Key Metrics
Fees 30d$77,334
Fees 30d by chain
Ethereum$77,334
Fees 7d$24,678
Ethereum$24,678
Fees 24h$4,377
Ethereum$4,377
Cumulative Fees$522.29m
Ethereum$522.29m
Revenue 30d$77,334
Revenue 30d by chain
Ethereum$77,334
Revenue 7d$24,678
Ethereum$24,678
Revenue 24h$4,377
Ethereum$4,377
Cumulative Revenue$65.4m
Ethereum$65.4m
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$0
Ethereum$0
Collateral Liquidated 30d$14,812
Collateral Liquidated 30d by chain
Ethereum$14,812
Collateral Liquidated 7d$72.19
Ethereum$72.19
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$435,637
Ethereum$435,637
Active Loans$12.19m
Total Raised$33.2m
May 16, 2018$8.2mRound: SeedInvestors: Bain Capital, a16z, Polychain Capital, Transmedia Capital, Compound Ventures, Abstract Ventures, Danhua Capital, Coinbase Ventures
Nov 14, 2019$25mRound: Series AInvestors: a16z, Bain Capital Crypto, Paradigm, Polychain Capital
Protocol Information
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Audits:
Methodology
TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.. TVL is calculated by getting the market addresses from comptroller and calling the getCash() on-chain method to get the amount of tokens locked in each of these addresses, then we get the price of each token from coingecko.View code on GitHubFees: Total borrow interest paid by borrowers.View code on GitHubRevenue: Share of borrow interest to Compound treasury.View code on GitHubHolders Revenue: No revenue share for COMP token holders.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in LiquidateBorrow events, converted from cToken units to underlying via exchangeRateStored.View code on GitHubYields
Pools Tracked14
Average Supply APY0%
User Activity
Active Addresses (24h)13
New Addresses (24h)1
Transactions (24h)22
Gas Used (24h)0 ETH
Gas Cost (24h)$3.23
Hacks
Date: Sep 29, 2021
Amount: $147m
Classification: Token & Share Accounting
Technique: Arithmetic Error
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Compound V2's TVL?
Compound V2 currently has $112.23m in total value locked. TVL has increased 5.3% over the past 30 days.
What chains does Compound V2 operate on?
Compound V2 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Compound V2 generated in fees and revenue?
Over the past 30 days, Compound V2 generated $77,334 in fees. Of that, $77,334 was protocol revenue. Based on the trailing year, the annualized rate is $3.05m in fees and $2.04m in revenue.
How does Compound V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Compound V2 ranks #29 by TVL. The category holds $55.01b across 520 protocols, and Compound V2 accounts for 0.2% of that total. Other leading protocols include Aave V3, Morpho Blue, SparkLend, Maple, Compound V3, Venus Core Pool, Lista Lending, Fluid Lending, Aave V4, and Dolomite.
How much has been borrowed through Compound V2?
Compound V2 currently has $12.19m in active loans.
Has Compound V2 ever been exploited?
Compound V2 has 1 recorded security incident. The most recent incident occurred on Sep 29, 2021 and involved $147m. It was classified as Token & Share Accounting.