CompoundCOMP
Overview
What is Compound?
Compound is a non-custodial lending protocol built on Ethereum. Compound was founded by Robert Leshner & Geoffrey Hayes and launched in 2017.
How does Compound work?
Lenders deposit funds into Compound and receive interest payments from borrowers (supply-side fees).
Who governs Compound?
COMP tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue). Compound’s investors include a16z, Paradigm, Polychain, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.