Cryptocurrency & Blockchain · head to head
PancakeSwap vs Compound
PancakeSwap
Cryptocurrency & Blockchain
The most popular DEX on BNB Chain
- From
- Free
- Rated
- -
Compound
Cryptocurrency & Blockchain
Autonomous interest rate protocol
- From
- Free
- Rated
- -
The short version
- Each has a real cost: PancakeSwap no custody of user funds, users must manage wallet security; 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
- They diverge on capability: PancakeSwap covers Token Swaps, Compound covers Lending.
Where they differ
Only the attributes on which PancakeSwap and Compound actually diverge.
| Attribute | PancakeSwap | Compound |
|---|---|---|
| Pricing model | free | Unknown |
| Platforms | Web | Ethereum |
| Founded | 2020 | 2017 |
Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (Cryptocurrency & Blockchain).
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 PancakeSwap
- Token Swaps
- Yield Farming
- Syrup Pools
- Lottery
- NFT Marketplace
- CAKE Token
- BNB Chain
Only in Compound
- Lending
- Borrowing
- cTokens
- Governance
- COMP Token
- Ethereum
Both cover
- Web support
What people use each for
The jobs each tool is most often brought in to do.
PancakeSwap
- Definot Compound
- Dexnot Compound
- Bnb Chainnot Compound
Compound
- Decentralised finance (DeFi) lending and borrowing protocol on Ethereumnot PancakeSwap
- Cryptocurrency collateral management for USDC borrowingnot PancakeSwap
- Interest earning through crypto asset supplynot PancakeSwap
- Algorithmic interest rate determination based on supply and demandnot PancakeSwap
Where each one falls short
Documented limitations, not opinions. Every one is a constraint you would hit in normal use.
PancakeSwap
- No custody of user funds, users must manage wallet security
- Decentralized governance means limited recourse for issues
- Subject to cryptocurrency market volatility and regulatory uncertainty
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
Pricing, plan by plan
PancakeSwap
Free- FreeFree
- Token swaps
- Farming
- Lottery
Compound
FreeNo published plan breakdown. See the Compound review.
Which should you pick?
Choose PancakeSwap if
- You need token swaps.
- You want to start without paying.
- You also want yield farming.
Choose Compound if
- You need lending.
- You want to start without paying.
- You work on Ethereum.
- You also want borrowing.
Questions people ask
- Is PancakeSwap or Compound better?
- Neither clearly leads. PancakeSwap starts at Free and Compound at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
- Which is cheaper, PancakeSwap or Compound?
- PancakeSwap starts at Free and Compound at Free.
- Does PancakeSwap or Compound run on more platforms?
- PancakeSwap runs on Web. Compound runs on Ethereum.
- Can I use PancakeSwap for free?
- Both have a free tier, so you can try either at no cost before committing.
- What is PancakeSwap best used for?
- PancakeSwap is most often used for defi, dex, bnb chain. Of those, defi and dex are not what Compound is typically brought in for.
- What can PancakeSwap do that Compound cannot?
- PancakeSwap covers Token Swaps, Yield Farming, Syrup Pools, Lottery. Compound covers Lending, Borrowing, cTokens, Governance. Both handle Web support.
Answered from the vendors’ own pages
PancakeSwap: What blockchain does PancakeSwap use?
PancakeSwap was launched in September 2020 on the Binance Smart Chain (BSC). The platform also integrated trading services with BNB Chain, Base, and Arbitrum One to expand beyond its original network.
SourcePancakeSwap: What wallets does PancakeSwap support?
PancakeSwap supports several wallet options including MetaMask, Trust Wallet, WalletConnect, and Binance Chain Wallet.
Source