Compound v2 is Live

Transparent, fair, autonomous interest rate markets for all

Robert Leshner
May 23 · 3 min read

Compound is a Protocol

Compound is an open-source, autonomous, extensible protocol that runs 24/7 — perfect for developers looking to build products that help users earn interest, or finance their ambitions. We’re honored to launch with a few projects that have already integrated Compound v2:

Zerion

Zerion is a portfolio monitoring & management tool for open finance, and allows users to seamlessly earn interest.

Coinbase Wallet

Coinbase Wallet is the easiest way to interact with Ethereum applications, and has integrated cToken balances.

Compound Interface

Compound Interface is our full-function product to interact with the Compound protocol, using Metamask or a web3 browser.

Opyn

Opyn is a decentralized margin trading platform built on Compound, Uniswap, and Dai. It allows users to go long or short their favorite Ethereum assets.

InstaDapp

InstaDapp provides a convenient Supply and Borrowing interface to Compound, alongside CDP and Uniswap support.

One of the many ways you can interact with the Compound Protocol

Migrating to Compound v2

Compound v2 was audited by Trail of Bits, and the protocol was formally verified in partnership with Certora. As with all smart contract platforms, there may be undiscovered issues — Compound offers a significant bug bounty, if you find anything amiss.

  1. Withdraw supplied assets from v1 (and unwrap WETH)
  2. Supply assets to v2
  3. Borrow assets from v2

Compound

The protocol for algorithmic, efficient Money Markets on the Ethereum blockchain. Seamlessly earn interest or borrow ERC-20 tokens without managing an order book.

Robert Leshner

Written by

Full-stack founder & product manager. Chartered Financial Analyst, previously a finance guy.

Compound

Compound

The protocol for algorithmic, efficient Money Markets on the Ethereum blockchain. Seamlessly earn interest or borrow ERC-20 tokens without managing an order book.