Compound

Compound is the second-largest DeFi lending platform with more than $24 million worth of outstanding debt, according to Loanscan data, a website that tracks lending activity in the Open Finance market. Robert Leshner, CEO at Compound, confirmed in February that the decentralization of the protocol won't be achieved overnight. It will be a gradual transition, and one where the lending platform's stakeholders will be able to make important decisions regarding Compound's ongoing development.