Logo of Compound V2Compound V2(COMP)
Total Value Locked$86.56m

TVL by Chain

Ethereum$86.56m

Key Metrics

Fees (Annualized)$4.01m
Fees 30d$42,620

Ethereum$42,620

Fees 7d$10,164

Ethereum$10,164

Fees 24h$678

Ethereum$678

Cumulative Fees$522.18m

Ethereum$522.18m

Revenue (Annualized)$2.12m
Revenue 30d$42,620

Ethereum$42,620

Revenue 7d$10,164

Ethereum$10,164

Revenue 24h$678

Ethereum$678

Cumulative Revenue$65.29m

Ethereum$65.29m

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Ethereum$0

Holders Revenue 7d$0

Ethereum$0

Holders Revenue 24h$0

Ethereum$0

Cumulative Holders Revenue$0

Ethereum$0

Collateral Liquidated 30d$394,712.94
Collateral Liquidated 30d by chain

Ethereum$394,712.94

Collateral Liquidated 7d$180,825

Ethereum$180,825

Collateral Liquidated 24h$2.37

Ethereum$2.37

Cumulative Collateral Liquidated$394,769.31

Ethereum$394,769.31

Active Loans$11.93m

$COMP Liquidity$6.21m

Uniswap V3$5.81m

Uniswap V2$211,888

SushiSwap$172,150

Uniswap V3$17,014

Total Raised$33.2m

May 16, 2018$8.2mRound: SeedInvestors: Bain Capital Crypto, 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.

Category:Lending

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 GitHub

Yields

Pools Tracked14

Average Supply APY0%

User Activity

Active Addresses (24h)5

New Addresses (24h)0

Transactions (24h)6

Gas Used (24h)0 ETH

Gas Cost (24h)$0.94

Hacks

Date: Sep 29, 2021

Amount: $147m

Classification: Protocol Logic

Technique: Math Mistake Exploit

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Compound V2?

Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.

What is Compound V2's TVL?

Compound V2 currently has $86.56m in total value locked. TVL has decreased 6.8% 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 $42,620 in fees. Of that, $42,620 was protocol revenue. Based on the trailing year, the annualized rate is $4.01m in fees and $2.12m in revenue.

How much has been borrowed through Compound V2?

Compound V2 currently has $11.93m 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 Protocol Logic.