DeFiPunk'd

Compound Finance

3 deployments · $1.6B aggregate TVL · Lending

Deployments

Each deployment is rated independently. Pick one to see its rating, risk analysis, and stage.

TVL $1.5B
Type Lending
Chains Ethereum, Arbitrum, Base, Optimism, Polygon +5
View on DeFiLlama ↗
Control criteria
Upgradeability Upgradeable Bug bounty immunefi.com Governance forum comp.xyz Docs docs.compound.finance
About

Compound III (Comet) is a lending protocol where users supply crypto assets as collateral to borrow a single base asset (e.g., USDC, USDT, WETH) per market instance. Each market is deployed as an OpenZeppelin TransparentUpgradeableProxy backed by a Comet implementation contract, with protocol parameters managed via a Configurator contract and upgrades controlled by on-chain governance. The protocol operates across Ethereum, Arbitrum, Base, Optimism, Polygon, Mantle, Linea, Ronin, Scroll, and Unichain, with rewards distributed to suppliers and borrowers via a separate CometRewards contract.

Risk analysis

One card per dimension, sorted by severity. Only Verifiability and Autonomy carry automated signals in Phase 0. See methodology for scope.

Audit a dimension yourself · DEFI@home Contribute an LLM-run assessment — any model, any dimension. Three agreeing runs merge automatically into the public record.

DEFI@home is a distributed audit network modeled on SETI@home: instead of CPU cycles, it crowdsources LLM reasoning. Paste a slice prompt into Claude, ChatGPT, Gemini, or any browsing-capable model, and submit the JSON output as a pull request. The quorum bot merges it once ≥3 independent runs (from different models) reach the same grade — no single model, and no single contributor, can move the needle alone. How it works →

  • Address discovery 99 addresses on file · 1 run Submit run ↗
  • Verifiability Unverified Submit run ↗
  • Control Unverified Submit run ↗
  • Ability to exit Unverified Submit run ↗
  • Autonomy Unverified Submit run ↗
  • Open Access Unverified Submit run ↗
  • Audit all 5 dimensions · one prompt Submit run ↗
  1. Verifiability tentative
    Open source + 6 audits

    Protocol publishes a GitHub repository and has at least one audit on record. This is a coarse Phase-0 signal only: auditor reputation, scope, and post-audit review coverage are not yet weighted.

    Run your own prompt Submit run ↗
4 dimensions not yet assessed (Control, Ability to exit, Autonomy, Open Access)
  1. Control unknown Unverified
    Not yet assessed

    Who holds admin privileges, how contracts can be upgraded, and how quickly. No automated heuristic grades this at Phase 0; a real assessment arrives when onchain discovery reads roles, owners, and timelocks.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  2. Ability to exit unknown Unverified
    Not yet assessed

    Whether users can exit on their own terms if the team disappears or acts adversarially. Requires per-protocol review; not available at Phase 0.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  3. Autonomy unknown Unverified
    No Phase-0 autonomy signal

    Neither the category heuristic nor the forkedFrom signal fires for this protocol. A real autonomy graph (oracles, bridges, fallbacks, governance-mutable dependencies) arrives with Phase-2 onchain discovery.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗
  4. Open Access unknown Unverified
    Not yet assessed

    Whether the protocol depends on privileged operators, whitelists, geo-restrictions, or off-chain infrastructure. This is not a signal DeFiLlama carries in a usable form; crawler-based detection lands in a later phase.

    No model has graded this dimension yet. Run the slice prompt through any LLM and submit the JSON — once ≥3 independent runs agree, the quorum bot merges the verdict here.

    Submit run ↗

Stage

Preview of the Phase-3 maturity framework. DeFiPunk'd will adopt DeFiScan v2's stages verbatim; the section is rendered below in its intended shape so the structure is visible today.

Compound V3 has not yet been assessed under the DeFiScan v2 stage framework.
The walkaway test is the central criterion. Once stages land, protocols reach Stage 1 only if users can exit in the presence of malicious operators even when the emergency council disappears.
Scope of assessment
Stages are assessed per-protocol against DeFiScan v2's criteria: governance structure, upgradeability path, timelock durations, emergency-council scope, and the walkaway test. The analysis depends on onchain discovery (roles, owners, timelocks) and deeper review of deployed contracts — neither of which DeFiPunk'd automates at Phase 0.
Stage 0 requirements pending
Governance is largely off-chain, contracts are upgradeable with short or no timelock, and the protocol depends on a multisig or team with full discretion. At Phase 0 DeFiPunk'd does not automatically evaluate these; the assessment lands with crawler-based onchain discovery.
Stage 1 requirements pending
Users can exit or opt out on their own terms even if the team disappears. Upgrades run through a meaningful timelock with an emergency security council clearly scoped. The walkaway test is the headline criterion.
Stage 2 requirements pending
Protocol is fully permissionless and immutable, or upgrades require a supermajority of token holders with a long timelock and no emergency override. This is the terminal stage of the DeFiScan v2 framework.
Learn more about DeFiScan v2 stages →
Stages are an opinionated assessment of maturity, not a rating of security or safety. A protocol can sit at Stage 2 and still carry substantial technical or economic risk; the framework exists to incentivize decentralization, not to rank protocols.

Contract surface

Every contract in scope for this protocol — pooled from DeFiLlama's TVL adapter (mechanical) and DEFI@home discovery submissions (LLM-curated). Verified-source flags come from Etherscan + Sourcify; owner / multisig metadata is read on-chain when available. Reviewer audit context, not a slice score. A lending protocol's adapter set will list third-party collateral tokens alongside its own contracts; attribution is the grader's job.

  • 98addresses
  • 0verified source
  • 0proxies

TVL adapter pinned at 683d369. Sourcecode fetched 2026-05-06. Control fetched 2026-05-07.

Arbitrumfactory (CometFactory)0x7de3…4228discovery———factory
Arbitrumgovernor0x4248…8068discovery———governance
Arbitrumoracle (Rewards)0x8873…7faediscovery———oracle
Arbitrumother (Bulker)0xbde8…372ddiscovery————
Arbitrumpool (cUSDCev3 proxy)0xa5ed…5dcadiscovery————
Arbitrumpool (cUSDCv3 proxy)0x9c4e…58bfdiscovery————
Arbitrumpool (cUSDTv3 proxy)0xd98b…7d07discovery————
Arbitrumpool (cWETHv3 proxy)0x6f7d…e486discovery————
Arbitrumproxy_admin (Comet admin)0xd10b…715ediscovery————
Arbitrumproxy_admin (Configurator)0xb21b…3775discovery————
Arbitrumtimelock0x3fb4…f88adiscovery———timelock
Basefactory (CometFactory)0x3d0b…afe3discovery———factory
Basegovernor0x1828…468adiscovery———governance
Baseoracle (Rewards)0x1239…a6b1discovery———oracle
Baseother (Bulker)0x78d0…2a8cdiscovery————
Basepool (cAEROv3 proxy)0x784e…ce89discovery————
Basepool (cUSDbCv3 proxy)0x9c4e…58bfdiscovery————
Basepool (cUSDCv3 proxy)0xb125…eb2fdiscovery————
Basepool (cUSDSv3 proxy)0x2c77…a518discovery————
Basepool (cWETHv3 proxy)0x46e6…70bfdiscovery————
Baseproxy_admin (Comet admin)0xbde8…372ddiscovery————
Baseproxy_admin (Configurator)0x4593…e581discovery————
Basetimelock0xcc3e…4a02discovery———timelock
Ethereumfactory (CometFactory)0x1fa4…c958discovery———factory
Ethereumgovernor0x309a…c8c0discovery———governance
Ethereumoracle (Rewards)0x1b0e…5a40discovery———oracle
Ethereumother (Bulker)0xa397…00c7discovery————
Ethereumpool (cUSDCv3 proxy)0xc3d6…cdc3discovery————
Ethereumpool (cUSDSv3 proxy)0x5d40…7b56discovery————
Ethereumpool (cUSDTv3 proxy)0x3afd…0840discovery————
Ethereumpool (cWBTCv3 proxy)0xe85d…9293discovery————
Ethereumpool (cWETHv3 proxy)0xa175…ae94discovery————
Ethereumpool (cWstETHv3 proxy)0x3d0b…afe3discovery————
Ethereumproxy_admin (Comet admin)0x1ec6…8779discovery————
Ethereumproxy_admin (Configurator)0x316f…36e3discovery————
Ethereumtimelock0x6d90…3925discovery———timelock
Lineafactory (CometFactory)0xaeb3…9a07discovery———factory
Lineagovernor0x1f71…6856discovery———governance
Lineaoracle (Rewards)0x2c71…2921discovery———oracle
Lineaother (Bulker)0x023e…5f1bdiscovery————
Lineapool (cUSDCv3 proxy)0x8d38…c991discovery————
Lineapool (cWETHv3 proxy)0x60f2…2194discovery————
Lineaproxy_admin (Comet admin)0x4b5d…8118discovery————
Lineaproxy_admin (Configurator)0x970f…5dc3discovery————
Lineatimelock0x4a90…f6f3discovery———timelock
Mantlefactory (CometFactory)0x5a1d…3285discovery———factory
Mantlegovernor0xc91e…b604discovery———governance
Mantleoracle (Rewards)0xcd83…25abdiscovery———oracle
Mantleother (Bulker)0x67df…9baadiscovery————
Mantlepool (cUSDev3 proxy)0x6061…786ediscovery————
Mantleproxy_admin (Comet admin)0xe268…a0c7discovery————
Mantleproxy_admin (Configurator)0xb77c…f7dbdiscovery————
Mantletimelock0x16c7…8107discovery———timelock
Optimismfactory (CometFactory)0xd187…f434discovery———factory
Optimismgovernor0xc3a7…4dafdiscovery———governance
Optimismoracle (Rewards)0x443e…c2e9discovery———oracle
Optimismother (Bulker)0xcb36…4ba3discovery————
Optimismpool (cUSDCv3 proxy)0x2e44…5bcbdiscovery————
Optimismpool (cUSDTv3 proxy)0x995e…b214discovery————
Optimismpool (cWETHv3 proxy)0xe36a…b6fddiscovery————
Optimismproxy_admin (Comet admin)0x24d8…97afdiscovery————
Optimismproxy_admin (Configurator)0x84e9…2713discovery————
Optimismtimelock0xd98b…7d07discovery———timelock
Polygonfactory (CometFactory)0x2f9e…125bdiscovery———factory
Polygongovernor0x1828…468adiscovery———governance
Polygonoracle (Rewards)0x4593…e581discovery———oracle
Polygonother (Bulker)0x59e2…7cd6discovery————
Polygonpool (cUSDCv3 proxy)0xf252…6445discovery————
Polygonpool (cUSDTv3 proxy)0xaeb3…9a07discovery————
Polygonproxy_admin (Comet admin)0xd712…75f9discovery————
Polygonproxy_admin (Configurator)0x83e0…e738discovery————
Polygontimelock0xcc3e…4a02discovery———timelock
Roninfactory (CometFactory)0x4df9…e4c6discovery———factory
Roningovernor0x2c7e…f3f9discovery———governance
Roninoracle (Rewards)0x31cd…1e59discovery———oracle
Roninother (Bulker)0x8402…ecc6discovery————
Roninpool (cWETHv3 proxy)0x4006…6dfediscovery————
Roninpool (cWRONv3 proxy)0xc0af…c0c0discovery————
Roninproxy_admin (Comet admin)0xfa64…c3f6discovery————
Roninproxy_admin (Configurator)0x966c…15f2discovery————
Ronintimelock0xbbb0…ac2cdiscovery———timelock
Scrollfactory (CometFactory)0x6f7d…e486discovery———factory
Scrollgovernor0xc6bf…610ddiscovery———governance
Scrolloracle (Rewards)0x7016…c5eediscovery———oracle
Scrollother (Bulker)0x53c6…56fadiscovery————
Scrollpool (cUSDCv3 proxy)0xb2f9…ce44discovery————
Scrollproxy_admin (Comet admin)0x87a2…ac50discovery————
Scrollproxy_admin (Configurator)0xecab…32d7discovery————
Scrolltimelock0xf601…73e4discovery———timelock
Unichainfactory (CometFactory)0xdb7e…676cdiscovery———factory
Unichaingovernor0x4b5d…8118discovery———governance
Unichainoracle (Rewards)0x6f7d…e486discovery———oracle
Unichainother (Bulker)0x58eb…b514discovery————
Unichainpool (cUSDCv3 proxy)0x2c71…2921discovery————
Unichainpool (cWETHv3 proxy)0x6c98…8e2adiscovery————
Unichainproxy_admin (Comet admin)0xaeb3…9a07discovery————
Unichainproxy_admin (Configurator)0x8df3…03e9discovery————
Unichaintimelock0x2f4e…4ed0discovery———timelock

Protocol Info

Links

[defillama] Source: DeFiLlama [:] Source: DEFI@home quorum
Twitter
@Compound_xyz
Governance forum
https://www.comp.xyz

Security

[defillama] Source: DeFiLlama [:] Source: DEFI@home quorum
Audits
4 audits
Security contact
security@compound.finance

Technical

[:] Source: DEFI@home quorum
Voting token
COMP Ethereum: 0xc00e94cb662c3520282e6f5717214004a7f26888
Deployed contracts
https://docs.compound.finance/
Upgradeability
Upgradeable

Provenance

[defillama] Source: DeFiLlama
Review status
listed
Updated
2026-09-28 12:50 UTC

Hallmarks

  1. Jun '20COMP distribution begins