/ Conviction Index / Compound (COMP)

Compound (COMP)

DeFi · Lending · COMP · Launched V2 Sep 2018
B

Good (B) — Conviction Grade

Compound was the original DeFi lending protocol but has lost material market share to Aave. Compound v3 (Comet) architecture is technically sophisticated but commercial traction has lagged. Robert Leshner founded; left founding-team day-to-day 2023.

78
Composite / 100
/ Subscore Breakdown · 5 Dimensions

Where this grade comes from.

Protocol Security
B+
Governance Decentralization
B
Liquidity
B
Adoption & Utility
B-
Regulatory Posture
B
/ Public-Record Events

Key events & disclosures.

  • V2 Sep 2018
  • COMP token Jun 2020
  • Compound v3 (Comet) 2022
  • Robert Leshner founder-team departure 2023

/ Best for

Lending-protocol diversification beyond Aave; COMP governance position.

/ Watch out for

Lost meaningful market share to Aave 2022-2025. Founder-team continuity is a governance question.