Compound is the original DeFi money market. v3 minimal-market design, solid track record, governance-first ethos. Not the leader anymore but continues to influence how lending markets are designed.
What Compound offers
- Original DeFi lending protocol (2018)
- v3 focus on isolated markets with minimal design
- COMP governance token
- Long clean track record
Verdict
Compound remains a foundational DeFi protocol. v3 keeps it competitive; not the leader but continues to matter.