Lenders deposit funds into Compound and receive interest payments from borrowers (supply-side fees).

Compound is a non-custodial lending protocol built on Ethereum. Compound was founded by Robert Leshner & Geoffrey Hayes and launched in 2017.

 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.

governance

github

twitter

discord

etherscan

website

Lending

Compound

# Token turnover (fully diluted) Methodology

## Overview

Token turnover (fully diluted) measures how frequently a project's token changes hands relative to its fully diluted market cap. It is calculated as the average daily token trading volume divided by the fully diluted market cap, indicating liquidity and trading activity relative to the token's total potential valuation.

${token_trading_volume} / ${market_cap_fully_diluted}

Average daily token trading volume divided by fully diluted market cap.

CompoundCOMP

Token turnover (fully diluted)

Token turnover (fully diluted)

Competitive landscape