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Compound vs HyperLend

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

Compound4.0/5
VS
HyperLend3.6/5
Feature
CompoundVisit
HyperLendVisit
Ratings
Our score4.0/53.6/5
User ratingNo reviews yetNo reviews yet
Security & track record4.53.5
Rates4.04.0
Market depth3.53.5
Ease of use4.04.0
Decentralization4.03.0
Specs
KYC required NoNot disclosed
Lending modelIsolated marketsPooled
ChainsEthereum, Arbitrum, BaseHyperliquid
Main collateral assetsETH, WBTC, USDC, USDTHYPE, kHYPE
Flash loans NoNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty YesNot disclosed
Governance tokenCOMPHPL
Isolated markets YesNot disclosed
Real-world-asset collateral NoNot disclosed
Own stablecoin NoNot disclosed
RatesVariableVariable
Company
Founded2017—
Headquarters——
InvestorsDragonfly, Polychain Capital, a16z cryptoNot disclosed
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
  • Over $325M in total value locked on Hyperliquid EVM
  • Up to 82.7% loan-to-value ratios for correlated HYPE staking positions
  • Single-transaction cross-chain deposits via Across Protocol integration
  • Smart contract audit reports published publicly on GitHub
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 to the Hyperliquid EVM ecosystem
  • Borrowing interest rates fluctuate dynamically with market utilization
  • Aviya institutional fixed-rate markets are permissioned for approved institutions
Best forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksHyperliquid EVM asset holders, HYPE liquid staking loopers, Institutions seeking fixed-rate credit

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.