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Lending ProtocolDeFi

Compound

Pioneer of DeFi lending. Simple, battle-tested protocol for earning interest on USDC.

Using USDC on Compound

Compound is one of the original DeFi lending protocols, created by a US-based team. Compound V3 (also called Comet) uses USDC as its primary base asset, meaning USDC is the core currency of the protocol. You deposit USDC to earn interest from borrowers, or borrow USDC by posting crypto collateral. Compound is known for its simplicity and reliability. It's deployed on Ethereum, Base, Arbitrum, and Polygon. The protocol has one of the longest operating histories in DeFi and has been audited by multiple top-tier security firms. Interest rates are variable and determined by supply and demand.

Supported networks

EthereumBaseArbitrumPolygon

Key features

  • USDC as core base asset (V3)
  • Simple, clean interface
  • One of the oldest DeFi protocols
  • US-based development team
  • Multiple security audits

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