Compound vs Dolomite

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

VS
Feature
Ratings
Our score4.0/53.9/5
User ratingNo reviews yetNo reviews yet
Security & track record4.53.5
Rates4.04.0
Market depth3.54.5
Ease of use4.04.0
Decentralization4.03.5
Specs
KYC required No No
Lending modelIsolated marketsPooled
ChainsEthereum, Arbitrum, BaseEthereum, Arbitrum, Other
Main collateral assetsETH, WBTC, USDC, USDTETH, WBTC, USDC, BTCcx, WLFI
Flash loans No Yes
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty Yes Yes
Governance tokenCOMPDOLO
Isolated markets Yes Yes
Real-world-asset collateral No Yes
Own stablecoin No No
RatesVariableVariable
Company
Founded20172022
Headquarters——
InvestorsDragonfly, Polychain Capital, a16z cryptoDraper Goren Holm, NGC Ventures, 6th Man Ventures, Coinbase Ventures +1
Strengths and weaknesses
Pros
  • 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
  • Isolated risk architecture keeps individual borrow positions protected from other collateral changes
  • Independent security audits completed by six firms, including OpenZeppelin and Cyfrin
  • Supports over 100 collateral types, including yield-bearing tokens and institutional BTC
  • Built-in DEX routing allows looping, swapping, and repayment in single transactions
Cons
  • 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
  • High exposure to low-liquidity collateral assets has created systemic solvency concerns in past markets
  • Borrowing rates are variable and spike when pool utilization tightens
  • Centralized exchange liquidity for the DOLO token dropped following pairs delisting on Binance
Best forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksYield farmers looping collateral, DeFi traders needing isolated margin, Borrowers using exotic collateral

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.