Compound

4.610 reviews

trader_ru

Chicago, IL

4.0June 26, 2026

Convenient but beware of liquidation risks and gas costs

I’ve been using Compound for lending and borrowing various ERC-20 tokens for nearly a year now. While the protocol offers great automatic interest rate adjustments and the smart contracts run smoothly, I’ve learned to be very careful about borrowing amounts because sudden market volatility can trigger liquidation quickly. Plus, I had a couple of transactions stuck because of low gas fees during peak times, which was annoying when trying to adjust my position urgently. Nonetheless, the community support and the transparency kept me coming back, and staking COMP tokens for governance feels rewarding.

katy2020

Seattle, WA

4.0May 31, 2026

Good rates but watch your collateral

Compound’s lending rates are competitive and the interest compounds nicely. However, I experienced a near liquidation when ETH’s price dropped suddenly. The app’s alerts could be improved to warn me earlier.

anna.k

Denver, CO

4.0June 22, 2025

Good but could be better

The interface is intuitive but sometimes the gas fees spike unexpectedly.

mike_h

New York, NY

4.0February 1, 2025

Mostly solid but watch out for fees

I appreciate how Compound adjusts interest rates dynamically but the Ethereum gas fees caught me off guard several times this month. It can make borrowing small amounts less practical. Still, the platform feels secure and smart contracts work like clockwork.