Softwr

Cryptocurrency & Blockchain · head to head

Compound vs Redash

Compound logo

Compound

Cryptocurrency & Blockchain

Autonomous interest rate protocol

From
Free
Rated
-
Full reviewWebsite
Redash logo

Redash

Spreadsheet & Data

Connect and visualize your data

From
Free
Rated
-
Full reviewWebsite

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; Redash a basic self-hosted deployment needs a minimum of 4GB of RAM, and more RAM and CPU as background workers and API processes grow
  • They diverge on capability: Compound covers Lending, Redash covers SQL Query Editor.

Where they differ

Only the attributes on which Compound and Redash actually diverge.

Attributes where Compound and Redash differ
AttributeCompoundRedash
Pricing modelUnknownfreemium
PlatformsEthereumWeb, Self-hosted, Cloud
CategoryCryptocurrency & BlockchainSpreadsheet & Data
Founded20172013

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

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 Redash

  • SQL Query Editor
  • Multiple Data Sources
  • Visualizations
  • Dashboards
  • Alerts
  • PostgreSQL
  • MySQL
  • BigQuery

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

Redash

  • Self-hosted SQL query editor and dashboarding over existing databasesnot Compound
  • Sharing scheduled query results with a team without buying a BI licencenot 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

Redash

  • A basic self-hosted deployment needs a minimum of 4GB of RAM, and more RAM and CPU as background workers and API processes grow
  • The official Docker images were not updated for V10, so the documented route is to deploy a V8 instance and then upgrade it
  • Anyone not using a provided cloud image has to configure the environment variables and secrets by hand

Pricing, plan by plan

Compound

Free

No published plan breakdown. See the Compound review.

Redash

Free
  • Open SourceFree
    • Full Features
    • Self-hosted
    • Community Support
  • Cloud$49/month
    • Managed Hosting
    • Automatic Updates
    • Support

Which should you pick?

Choose Compound if

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

Choose Redash if

  • You need sql query editor.
  • You want to start without paying.
  • You work on Web, Self-hosted, Cloud.
  • You also want multiple data sources.
Redash review

Questions people ask

Is Compound or Redash better?
Neither clearly leads. Compound starts at Free and Redash at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Compound or Redash?
Compound starts at Free and Redash at Free.
Does Compound or Redash run on more platforms?
Compound runs on Ethereum. Redash runs on Web, Self-hosted, Cloud.
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 Redash is typically brought in for.
What can Compound do that Redash cannot?
Compound covers Lending, Borrowing, cTokens, Governance. Redash covers SQL Query Editor, Multiple Data Sources, Visualizations, Dashboards. Both handle Web support.
ShareXLinkedInRedditWhatsAppEmail

Related pages

More on Compound

More on Redash

Keep looking

Other head to heads