Compound vs NAVI Protocol

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

VS
Feature
Ratings
Our score4.0/54.0/5
User ratingNo reviews yetNo reviews yet
Security & track record4.54.5
Rates4.04.0
Market depth3.54.0
Ease of use4.04.0
Decentralization4.03.5
Specs
KYC required No No
Lending modelIsolated marketsPooled
ChainsEthereum, Arbitrum, BaseSui
Main collateral assetsETH, WBTC, USDC, USDTSUI, USDC, USDT, wETH, wBTC, USDY, LBTC, XAUm
Flash loans No Yes
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty Yes Yes
Governance tokenCOMPNAVX
Isolated markets Yes Yes
Real-world-asset collateral No Yes
Own stablecoin No No
RatesVariableVariable
Company
Founded20172023
Headquarters——
InvestorsDragonfly, Polychain Capital, a16z cryptoHashed, OKX Ventures, dao5
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 13 security audits completed across Move smart contracts
  • No KYC required for lending or borrowing on Sui mainnet
  • Isolated Prime markets mitigate systemic debt contagion across pools
  • Zero reported exploit losses since 2023 launch
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
  • Confined entirely to the Sui blockchain ecosystem
  • Variable borrowing rates can rise sharply during high pool utilization
  • Liquidations rely on third-party oracle feeds from Pyth and Supra
  • Exposed to depeg risks on bridged assets such as wBTC and wETH
Best forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksSui token holders earning yield, Borrowers needing non-custodial stablecoin loans, DeFi traders collateralizing wrapped Bitcoin

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