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Compound vs Lendroid

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

Compound4.0/5
VS
Lendroid2.0/5
Feature
CompoundVisit
LendroidVisit
Ratings
Our score4.0/52.0/5
User ratingNo reviews yetNo reviews yet
Security & track record4.52.0
Rates4.02.5
Market depth3.51.0
Ease of use4.01.0
Decentralization4.03.5
Specs
KYC required NoNot disclosed
Lending modelIsolated marketsNot disclosed
ChainsEthereum, Arbitrum, BaseEthereum
Main collateral assetsETH, WBTC, USDC, USDTNot disclosed
Flash loans NoNot disclosed
Permissionless markets NoNot disclosed
Audited YesNot disclosed
Bug bounty YesNot disclosed
Governance tokenCOMPLST
Isolated markets YesNot disclosed
Real-world-asset collateral NoNot disclosed
Own stablecoin No No
RatesVariableNot disclosed
Company
Founded20172017
Headquarters—Singapore
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
  • Smart contracts and modules are fully open source for community inspection
  • Non-rent-seeking model operates without native commission fees
  • Non-custodial architecture with no identity verification requirements
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
  • Ceased all operations in December 2022 with no active maintenance
  • No active hosted application or official operational liquidity pools
  • Native LST token utility is obsolete following the shutdown
  • Lacks ongoing security monitoring and bug bounty coverage
Best forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksDevelopers studying legacy DeFi architectures, Researchers analyzing open-source lending contracts, Teams reviewing NFT fractionalization code

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.