Compound is a decentralized lending and borrowing protocol on Ethereum where users supply crypto assets to earn interest, or borrow against their crypto collateral. Interest rates are determined algorithmically based on supply and demand for each asset. COMP is the governance token allowing holders to propose and vote on protocol changes.
Compound operates through smart contracts where lenders deposit assets (ETH, USDC, WBTC, etc.) into pools and receive cTokens representing their share plus accrued interest. Borrowers post collateral and borrow up to a collateral factor limit — e.g., supplying $100 ETH may allow borrowing $75 USDC. Interest rates adjust algorithmically: higher utilization = higher rates for borrowers, incentivizing more supply. Compound III (Comet) introduced single-collateral markets where one base asset (e.g., USDC) is borrowed against multiple collateral types, simplifying risk management. Deployed on Ethereum, Polygon, Base, and Arbitrum.
Test RSI-based strategies on Compound with real historical data.
Traditional lending requires credit checks, intermediaries, and custody of assets. Compound enables permissionless lending and borrowing where smart contracts enforce collateral requirements automatically, eliminating counterparty risk and intermediaries. This unlocks yield on idle crypto assets and enables capital-efficient borrowing without selling holdings.
The pioneering algorithmic money market that invented liquidity mining (distributing COMP to users) and established the governance token model that became standard across DeFi.
Use multiple indicators together to build complex entry conditions for COMP.
Don’t guess — test your COMP strategy against years of minute-level data.
Build and test trading strategies using Compound's minute-level data from 2022-12-28 to present.
Supply figures and project details are approximate and may not reflect the latest changes. Always verify from official sources before making decisions. This information is for educational purposes only — not financial advice.