Compound is an open-source, autonomous protocol built for developers to unlock a universe of new financial applications. It focuses on interest and borrowing for the open financial system.

According to data by DappRadar, The Compound Protocol has an all-time value locked of over $4,03 billion locked.

Essentially, Compound is a decentralized borrowing and lending platform based on Ethereum. The Compound protocol supports lending and borrowing of a particular selection of cryptocurrencies.

Here are some of the main tokens that Compound supports:

• USD Coin (USDC)

• Ether (ETH)

• Wrapped BTC (WBTC)

• DAI

• Basic Attention Token (BAT)

• Tether (USDT)