Compound V2 · Ethereum

MKR

Overview

The Compound V2 MKR pool on Ethereum is a single-asset lending position where suppliers earn variable interest on MakerDAO's governance token deposits. The protocol generates yield by routing borrowing demand against pooled MKR liquidity and distributing the resulting interest spread to lenders. This pool stands as one of several venues for MKR lending on the Ethereum mainnet.

The total APY for this pool is 0%, with no base or reward component contributing to yield generation. Trend data is not available for this pool, so there is insufficient information to compare current rates against historical performance or assess any patterns in yield stability.

TVL currently stands at $79K, indicating a relatively small size compared to other DeFi pools. Given the low TVL, minor fluctuations are common and do not significantly impact overall liquidity depth. The primary risk for this pool is smart-contract risk, as it applies to all lending protocols. With limited borrowing activity on MKR, utilization rates remain low, which can affect the responsiveness of supply-side interest rates to borrower demand changes.

Composed 2026-05-22 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Yields can change as TVL and incentive emissions change. The current APY is not a guarantee.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.