Softwr

Software · head to head

Compound vs BscScan

Compound logo

Compound

Software

Autonomous interest rate protocol

From
Free
Rated
-
BscScan logo

BscScan

Software

BNB Smart Chain explorer

From
Free
Rated
-

The short version

  • Each has a real cost: Compound compound is a decentralized, non-custodial protocol governed by COMP token holders rather than a company; interest rates on supplied and borrowed assets are set algorithmically by pool utilization rather than published as a price list, so there is no vendor pricing page to compare against; BscScan the BscScan API page now redirects to Etherscan's unified multichain API pricing, so BNB Chain data is bought under Etherscan plans rather than a BscScan-specific one
  • They diverge on capability: Compound covers Lending, BscScan covers Block Explorer.

Where they differ

Only the attributes on which Compound and BscScan actually diverge.

Attributes where Compound and BscScan differ
AttributeCompoundBscScan
Pricing modelUnknownfreemium
PlatformsEthereumWeb, Api
Founded20172020

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Compound

  • Lending
  • Borrowing
  • cTokens
  • Governance
  • COMP Token
  • Ethereum

Only in BscScan

  • Block Explorer
  • Transaction Tracking
  • Token Tracker
  • Contract Verification
  • Validators Info
  • BNB Smart Chain
  • BEP-20 tokens
  • Api support

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

Compound

  • Decentralised finance (DeFi) lending and borrowing protocol on Ethereumnot BscScan
  • Cryptocurrency collateral management for USDC borrowingnot BscScan
  • Interest earning through crypto asset supplynot BscScan
  • Algorithmic interest rate determination based on supply and demandnot BscScan

BscScan

  • Exploring BNB Smart Chain transactions, addresses and BEP-20 token transfersnot Compound
  • Verifying and reading BNB Chain smart contract source codenot Compound
  • Querying BNB Chain data programmatically through the explorer APInot Compound

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Compound

  • Compound is a decentralized, non-custodial protocol governed by COMP token holders rather than a company; interest rates on supplied and borrowed assets are set algorithmically by pool utilization rather than published as a price list, so there is no vendor pricing page to compare against

BscScan

  • The BscScan API page now redirects to Etherscan's unified multichain API pricing, so BNB Chain data is bought under Etherscan plans rather than a BscScan-specific one
  • The free API plan is capped at 3 calls per second and 100,000 calls per day and requires attribution
  • API Pro endpoints start at the Standard plan at $199 per month
  • Rate limits top out at 30 calls per second even on the $899 per month Pro Plus plan
  • The Address Metadata endpoint requires Pro Plus at $899 per month and is limited to one app license

Pricing, plan by plan

Compound

Free

No published plan breakdown. See the Compound review.

BscScan

Free
  • FreeFree
    • Block explorer
    • 5 API calls/sec
    • Token tracker
  • Pro$199/month
    • Higher rate limits
    • Advanced APIs

Which should you pick?

Choose Compound if

  • You need lending.
  • You want to start without paying.
  • You work on Ethereum.
  • You also want borrowing.

Choose BscScan if

  • You need block explorer.
  • You want to start without paying.
  • You work on Web, Api.
  • You also want transaction tracking.

Questions people ask

Is Compound or BscScan better?
Neither clearly leads. Compound starts at Free and BscScan at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Compound or BscScan?
Compound starts at Free and BscScan at Free.
Does Compound or BscScan run on more platforms?
Compound runs on Ethereum. BscScan runs on Web, Api.
Can I use Compound for free?
Both have a free tier, so you can try either at no cost before committing.
What is Compound best used for?
Compound is most often used for decentralised finance (defi) lending and borrowing protocol on ethereum, cryptocurrency collateral management for usdc borrowing, interest earning through crypto asset supply, algorithmic interest rate determination based on supply and demand. Of those, decentralised finance (defi) lending and borrowing protocol on ethereum and cryptocurrency collateral management for usdc borrowing are not what BscScan is typically brought in for.
What can Compound do that BscScan cannot?
Compound covers Lending, Borrowing, cTokens, Governance. BscScan covers Block Explorer, Transaction Tracking, Token Tracker, Contract Verification. Both handle Web support.

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