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Centrifuge vs Compound

How Centrifuge vs Compound compare on our ratings, lending protocol specs, funding, pros and cons.

Centrifuge3.9/5
VS
Compound4.0/5
Feature
CentrifugeVisit
CompoundVisit
Ratings
Our score3.9/54.0/5
User ratingNo reviews yetNo reviews yet
Security & track record4.04.5
Rates4.04.0
Market depth4.53.5
Ease of use3.54.0
Decentralization3.54.0
Specs
KYC required Yes No
Lending modelIsolated marketsIsolated markets
ChainsEthereum, Arbitrum, Base, OtherEthereum, Arbitrum, Base
Main collateral assetsTreasuries, Corporate bonds, CLOs, Credit linesETH, WBTC, USDC, USDT
Flash loansNot disclosed No
Permissionless markets No No
Audited Yes Yes
Bug bountyNot disclosed Yes
Governance tokenNot disclosedCOMP
Isolated markets Yes Yes
Real-world-asset collateral Yes No
Own stablecoin No No
RatesNot disclosedVariable
Company
Founded20172017
Headquarters——
InvestorsBlockTower Capital, Greenfield Capital, ParaFi CapitalDragonfly, Polychain Capital, a16z crypto
Strengths and weaknesses
Pros
  • $1.8B+ TVL and 1,768 tokenized assets reported in October 2026
  • Supports institutional assets including funds, credit and treasuries
  • Hub-and-spoke design connects pools to multiple spoke chains
  • Cross-chain access includes Ethereum, Base, Arbitrum and Stellar
  • Audited by OpenZeppelin and ChainSecurity with a $1M bug bounty
  • Processed $480B in all-time deposits and borrows since 2018
  • No KYC required to supply or borrow on standard markets
  • Active on Ethereum, Base, and Arbitrum
Cons
  • Pool terms, eligibility and redemption conditions vary by product
  • Tokenized assets add issuer, custodian and legal-enforcement exposure
  • Cross-chain messaging creates additional smart-contract and bridge risk
  • A critical security patch covered cross-chain and council governance in July 2026
  • Lacks an umbrella safety module to cover protocol-wide bad debt
  • Borrow rates vary with base-asset pool utilization
  • Does not support permissionless market creation by users
  • Borrowing is restricted to only one designated base asset per pool
Best forInstitutional RWA issuers, DeFi protocols adding RWA collateral, Investors accessing tokenized fundsUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networks

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.