Comparison of Compound vs. Convex Finance
Compound vs. Convex Finance
|
Compound |
Convex Finance |
| Type |
Lending Protocol |
Yield Optimization |
| Supported Assets |
ETH, BTC, Stablecoins |
Stablecoins, Curve Pools |
| APY Range (%) |
1%–10% |
5%–40% |
| Impermanent Loss Risk |
None–Low |
Low |
| Fees |
Gas Fees |
Performance Fees |
| Security Measures |
Audited Smart Contracts |
Smart Contract Audits |
| Complexity |
Beginner–Moderate |
Advanced |
| Blockchain(s) |
Ethereum |
Ethereum |
| Lock-up Periods |
None (withdraw anytime) |
None (but 16-week lock for max rewards) |
| Ideal For |
Passive Investors, Newbies |
Curve LPs |
Other Compound Comparisons
