
Compound is one of the largest and most foundational DeFi protocols on Ethereum, providing an autonomous, algorithmic money market for earning interest and borrowing assets. Built for both users and developers, it powers a wide range of decentralized financial applications across the Web3 ecosystem.
Users supply assets into Compound’s liquidity pools and earn variable interest based on market demand. These deposits can also be used as collateral to borrow other assets. The protocol operates fully on-chain with transparent interest rates, no intermediaries, and open-source smart contracts. Developers frequently integrate Compound to create new financial tools, wallets, and dApps.