Lenders earn yield from interest paid by borrowers. Borrowers deposit collateral into the Compound v3 protocol, and then borrow overcollateralized loans from a pool of lenders. The interest paid by borrowers is distributed to lenders.
AUM
$193m
Net APY
2.75%
Active Users
1k
Type
Lending
Network
Ethereum
BB
Elevated RiskCeiling A-
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CurrentPotential
This rating is based solely on publicly available information. DeFi protocol risk assessed across Security, Strategy and Operations on the AAA–D scale. The range from BB to A- reflects the gap between the current assessment and the potential rating achievable if all identified improvement areas are addressed.
SCSSmart Contract Security88
KMPKey Management Permissions91
MMarket67
LLiquidity85
CCollateral100
PMProtocol Mechanics85
ICEInfra Counterparty Exposures89
PCEProtocol Counterparty Exposures100
GGovernance78
FRFinancial Resilience73
TLCTeam Legal Compliance91
DTDocumentation Transparency89
Performance
Assets Under Management · 30D▼ 3.74%
$193m
Over the last 30 days, the total value of Compound v3 USDT has dropped 3.74% with $7.50M in outflows.
Supply APY · 30D▼ 16.16%
2.75%
Over the last 30 days, the APY has decreased from 3.28% to 2.75%.
Active Users · 30D▲ 0.00%
1k
Over the last 30 days, active users have increased by 0.00%, reaching 1.1K wallets.
Market Details
ChainEthereum
Treasury$6.60M
Code AuditsOpenZeppelin ↗ChainSecurity ↗Certora ↗
Oracles UsedChainlink USDT/USD ↗Chainlink WBTC/BTC + BTC/USD ↗Chainlink ETH/USD ↗Chainlink stETH/ETH + ETH/USD ↗
Stated Withdrawal TimeInstant
Component Ratings
Contract Addresses
Smart Contract0x3Afd...AB0840
Timelock0x6d90...C33925
Governor Bravo0xc0Da...B66529
Oracle (USDT/USD Chainlink)0x3E7d...64e32D
ProxyAdmin (CometProxyAdmin)0x1EC6...2E8779
Implementation (CometWithExtendedAssetList)0x7B2C...432044
GovernanceMultisig (Pause/Proposal Guardian)0xbbf3...f2012c
Key Strengths
S1Extensive audit coverage from top security firms including OpenZeppelin, ChainSecurity, and Certora formal verification with an ongoing security partnership delivering continuous reviews of all upgrades and governance proposals
S2Full on-chain governance via Governor Bravo with 48-hour Timelock ensures no single entity can modify core contracts, requiring quorum vote and mandatory delay for all parameter changes
S3Active $1M Immunefi bug bounty with 254 assets in scope demonstrates commitment to proactive vulnerability discovery
S4Battle-tested through major market stress with zero bad debt across thousands of liquidations during significant drawdowns, validating the interest rate model and liquidation mechanics
Key Risks
R1Monitoring relies on manual multisig intervention rather than automated circuit breakers; the Pause Guardian requires multiple signatures with no automatic on-chain pause triggers despite active anomaly detection bots
R2Chainlink oracle dependency with no fallback mechanism as flagged by security auditors, creating single-point-of-failure risk for price feeds
R3Governance voting power concentrated among a small number of delegates, demonstrated by a governance attack that passed despite community opposition before negotiated cancellation
R4DAO treasury concentrated in volatile assets with minimal stablecoin diversification, alongside structural TVL and revenue decline from historical peaks
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