Softwr

Software · head to head

Compound vs Lido

Compound logo

Compound

Software

Autonomous interest rate protocol

From
Free
Rated
-
Lido logo

Lido

Software

Liquid staking for Ethereum and beyond

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; Lido lido takes a 10% fee on staking rewards, split between node operators and the DAO Treasury
  • They diverge on capability: Compound covers Lending, Lido covers Liquid Staking.

Where they differ

Only the attributes on which Compound and Lido actually diverge.

Attributes where Compound and Lido differ
AttributeCompoundLido
Pricing modelUnknownfree
PlatformsEthereumWeb
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 Lido

  • Liquid Staking
  • stETH Token
  • No Minimum
  • DeFi Composable
  • LDO Token
  • Multi-chain

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 Lido
  • Cryptocurrency collateral management for USDC borrowingnot Lido
  • Interest earning through crypto asset supplynot Lido
  • Algorithmic interest rate determination based on supply and demandnot Lido

Lido

  • Liquid staking of ETH and other proof of stake tokensnot 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

Lido

  • Lido takes a 10% fee on staking rewards, split between node operators and the DAO Treasury

Pricing, plan by plan

Compound

Free

No published plan breakdown. See the Compound review.

Lido

Free
  • FreeFree
    • Liquid staking
    • stETH token
    • DeFi integration

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 Lido if

  • You need liquid staking.
  • You want to start without paying.
  • You also want steth token.

Questions people ask

Is Compound or Lido better?
Neither clearly leads. Compound starts at Free and Lido at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Compound or Lido?
Compound starts at Free and Lido at Free.
Does Compound or Lido run on more platforms?
Compound runs on Ethereum. Lido runs on Web.
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 Lido is typically brought in for.
What can Compound do that Lido cannot?
Compound covers Lending, Borrowing, cTokens, Governance. Lido covers Liquid Staking, stETH Token, No Minimum, DeFi Composable. Both handle Web support.

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