The protocol for algorithmic, efficient money markets on the Ethereum blockchain
The majority of cryptocurrencies sit idle on exchanges and in wallets, yielding no interest. At Compound, we’re creating interest rate markets to unlock the value of these assets, empowering investors with new opportunities to profit.
Compound is an open-source protocol for algorithmic, efficient Money Markets on the Ethereum blockchain. Interest rates are set based on asset-specific supply and demand; users can seamlessly earn interest or borrow ERC-20 tokens without managing an order book.
Each money market is transparent, auditable, and completely predictable; perfect for profit-seeking humans and machines alike.