Compound

About Compound

Compound (COMP) is a decentralized lending and borrowing protocol built on Ethereum that allows users to supply crypto assets and earn interest or borrow against collateral. COMP serves as the protocol's governance token, enabling holders to delegate voting rights and influence key protocol decisions. Anyone with sufficient delegation can propose changes such as adding new assets, adjusting collateral factors, or modifying interest rate models. Compound played a foundational role in shaping the DeFi lending landscape and remains one of the most established money market protocols in the Ethereum ecosystem.