Contagion in Decentralized Lending Protocols: A Case Study of Compound

We study financial contagion in Compound V2, a decentralized lending protocol deployed on the Ethereum blockchain. We explain how to construct the balance sheets of Compound's liquidity pools and use ...

Tovanich Natkamon, Kassoul Myriam, Weidenholzer Simon, Prat Julien

Proceedings of the 2023 Workshop on Decentralized Finance and Security, 2023