Base-asset markets
Each Compound III market has one base asset that can be supplied or borrowed against approved collateral assets.
Check Compound USDC and USDT route availability, learn how Compound III base-asset markets work, and compare current Bitcoin-backed alternatives.
USDC and USDT
Compound III is an EVM lending protocol with separate base-asset markets and approved collateral assets.

Each Compound III market has one base asset that can be supplied or borrowed against approved collateral assets.
Each collateral asset contributes borrowing capacity according to its configured borrow collateral factor.
Borrow rates respond to base-asset utilization, and a deployment can enforce a minimum base-asset borrow balance.
Protocol guide
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.
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.
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.
Protocol mechanics are grounded in official documentation. Route availability comes from Sats Terminal's current browser loan configuration and may change.
Check whether USDC borrowing against Bitcoin is available through Compound, see current alternatives, and open the normal loan composer.
Check whether USDT borrowing against Bitcoin is available through Compound, see current alternatives, and open the normal loan composer.
Compare live Aave Bitcoin-backed loan routes for USDC and USDT. See active chains, understand health factor, and start with the best available offer.
Explore the active Morpho Bitcoin-backed USDC route, isolated-market mechanics, LLTV risk, and alternatives for assets not currently routed through Morpho.
Borrow USDC against your Bitcoin without selling. Compare live rates across Aave and Morpho Blue, keep self-custody, and get funds in seconds.
Compare before you sign