Compound V1
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Protocol TVL
About Compound V1
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Compound V1 codebase lineage and protocol family
Compound V1 is published as a versioned release inside the Compound Finance protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Security & Audits
Parent Protocol
Compound V1 is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
Compound FinanceProtocol Profile
Compound V1 is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
TVL spans 3 chains across the deployment. See the breakdown below for per-chain values.
Supported Chains
Protocol Footprint
Compound V1 is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Ethereum-borrowed, borrowed), so a fault on any one of them would affect a large slice of users. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Compound V1 — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Lending protocols on Mantapex
Compound V1 is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure $43.4B in deposits, giving you a frame of reference for whether Compound V1's own TVL is at the top, middle, or tail of the category.
Treasury
Recent Compound V1 news
Latest reporting from major crypto news outlets covering Compound V1.
- AMBCrypto
Can Compound crypto's $52M DeFi push send COMP toward $20?
Compound announced changes in leadership structure and approved a $52 million development budget.
- Cryip
Compound Approves $52M Budget to Shift DeFi Focus Toward Institutions
Compound's decentralized autonomous organization approved a $52 million development program on Aug. 17, the largest budget in the nine-year-old lending protocol's history, to…
- Crypto news
Compound approves $52M institutional DeFi program
Compound named a new leadership team and approved a milestone based $52 million program to build institutional lending and RWA products.
- Cryptopolitan
Compound's COMP surges as project unveils $52M institutional pivot
Compound, one of the first protocols to make crypto lending work without a bank, has approved a record $52 million development budget and rebuilt its leadership around…
- The Currency Analytics
Compound Finance Restructures Leadership to Attract Institutional Investment
Compound Finance just made its biggest bet yet.
- Crypto Economy
Compound Moves to Deprecate Polygon and Unichain Comets After Gauntlet Proposal
Compound will deprecate its Polygon and Unichain Comets after a Gauntlet proposal cited low usage and unnecessary complexity. The plan would reduce collateral factors to zero, set…
- Crypto Economy
Compound Joins DeFi United With Proposal to Contribute Up to 3,000 ETH for rsETH Recovery
Compound proposed contributing between 1,900 and 3,000 ETH, equivalent to up to $6.9 million, to the DeFi United recovery initiative. The coalition of 14 protocols committed over…
- Bitcoin
Compound Joins Defi United, Proposes 3,000 ETH to Recover 16,776 ETH in Exploiter Positions
Fourteen protocols have committed over $161 million to Defi United's rsETH recovery effort, with Compound the latest to join, proposing a contribution of 1,900 to 3,000 ether…
Related protocols
Other DeFi protocols connected to Compound V1 by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Lending protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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