Borrow protocol guide

Borrow Against Bitcoin logoBitcoin on Compound logoCompound

Check Compound USDC and USDT route availability, learn how Compound III base-asset markets work, and compare current Bitcoin-backed alternatives.

Composer availability checks

Compound logo

USDC and USDT

Compound III is an EVM lending protocol with separate base-asset markets and approved collateral assets.

Compound Bitcoin-backed borrowing illustration

Base-asset markets

Each Compound III market has one base asset that can be supplied or borrowed against approved collateral assets.

Borrow collateral factors

Each collateral asset contributes borrowing capacity according to its configured borrow collateral factor.

Utilization-based rates

Borrow rates respond to base-asset utilization, and a deployment can enforce a minimum base-asset borrow balance.

Protocol guide

What to know about Compound

Compound III is organized into separate markets, each with one base asset that users can supply or borrow. Approved collateral assets contribute borrowing capacity inside that specific deployment.

01

Sats Terminal availability

Compound remains an active external protocol, but it is not a current Sats Terminal quote provider. Historical and supporting Compound code exists in the repository, while the public loan composer generates no Compound offers.

02

How Compound III borrowing works

Borrowing the base asset creates a negative base balance. Collateral factors control how much debt the account can open, utilization drives the borrow rate, and each market can enforce a minimum borrow size. The exact deployment determines whether Bitcoin collateral and a requested stablecoin are available.

Frequently Asked Questions

Not through the current Sats Terminal composer. Compound III has external USDC base-asset markets, but Sats Terminal does not currently generate Compound quotes.

Primary sources

Protocol mechanics are grounded in official documentation. Route availability comes from Sats Terminal's current browser loan configuration and may change.

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Compare before you sign

Use a live quote for the final rate, route, and liquidation terms.

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