Key Metrics
Fees 30d$55,102
Fees 30d by chain
Ethereum$55,102
Fees 7d$13,127
Ethereum$13,127
Fees 24h$2,159
Ethereum$2,159
Cumulative Fees$522.22m
Ethereum$522.22m
Revenue 30d$55,102
Revenue 30d by chain
Ethereum$55,102
Revenue 7d$13,127
Ethereum$13,127
Revenue 24h$2,159
Ethereum$2,159
Cumulative Revenue$65.33m
Ethereum$65.33m
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$207,087.53
Collateral Liquidated 30d by chain
Ethereum$207,087.53
Collateral Liquidated 7d$204.36
Ethereum$204.36
Collateral Liquidated 24h$0
Ethereum$0
Cumulative Collateral Liquidated$421,029.54
Ethereum$421,029.54
Active Loans$12m
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)9
New Addresses (24h)1
Transactions (24h)13
Gas Used (24h)0 ETH
Gas Cost (24h)$1.43
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 $104.89m in total value locked. TVL has increased 17.6% 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 $55,102 in fees. Of that, $55,102 was protocol revenue. Based on the trailing year, the annualized rate is $3.45m in fees and $2.06m in revenue.
How does Compound V2's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Compound V2 ranks #25 by TVL. The category holds $50.528b across 515 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 Euler V2.
How much has been borrowed through Compound V2?
Compound V2 currently has $12m 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.
