Compound vs EVAA Protocol

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

VS
Feature
Ratings
Our score4.0/53.5/5
User ratingNo reviews yetNo reviews yet
Security & track record4.53.5
Rates4.03.5
Market depth3.53.0
Ease of use4.04.0
Decentralization4.03.5
Specs
KYC required No No
Lending modelIsolated marketsPooled
ChainsEthereum, Arbitrum, BaseTON
Main collateral assetsETH, WBTC, USDC, USDTTON, tsTON, GRAM, USDT
Flash loans NoNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty Yes Yes
Governance tokenCOMPEVAA
Isolated markets Yes Yes
Real-world-asset collateral NoNot disclosed
Own stablecoin No No
RatesVariableVariable
Company
Founded20172023
Headquarters—Czech Republic
InvestorsDragonfly, Polychain Capital, a16z cryptoAnimoca Ventures, CMT Digital, Mythos Ventures, Polymorphic Capital +2
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
  • Native Telegram integration eliminates the need for separate desktop browser extensions
  • Smart contracts audited by Trail of Bits and Quantstamp with a HackenProof bounty
  • No KYC requirements for lending or borrowing on the protocol
  • Raised $2.5M from notable ecosystem funds including TON Ventures and Animoca Ventures
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
  • Restricted entirely to the TON ecosystem with no multichain deployments
  • Variable borrowing interest rates can spike sharply during high pool utilization
  • Borrowers face automatic liquidation risks during market volatility or oracle failures
Best forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksTON ecosystem yield seekers, Telegram-native DeFi users, Overcollateralized crypto borrowers

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.