{"document_id":"BLC-STUDY-0710","slug":"compound-v3","title":"Compound III: a single-borrow-asset market","authors":"Compound Labs","year":2022,"date_label":"2022","publisher":"Compound Labs","paper_type":"Design paper","category":"Credit and stable value","topics":["Credit and stable value"],"source_url":"https://docs.compound.finance/","source_label":"Compound documentation","legacy_pdf_path":null,"sha256":null,"sha256_note":"No hash is published. This build does not store those PDF bytes, so a checksum would be invented. Where a legacy path exists, it points at the Internet Archive copy of the old library.","version":"Source cited by the 2022 study. The study is the reading. This page does not add a second essay.","doi":null,"rights_status":"Official external source only","source_status":"Official source","use_status":"Metadata and commentary only. The reading is the study page.","licence":null,"licence_label":"No licence recorded. Rights status under review.","full_text":null,"full_text_reason":"Full text is not published on this page. Public availability is not a licence to republish a document. Blockchain Lab has not recorded a licence that permits an HTML transcription, a training set, or a retrieval corpus of the paper. Text on this page is Blockchain Lab's own wording, or a pointer to a study that is also Blockchain Lab's wording.","repository":null,"editorial_line":"Compound III, as documented, is a market with one borrow asset and many collateral assets, rather than the cross-borrow matrix of the earlier white paper.","canonical_url":"https://blockchainlab.com/whitepaper/compound-v3","record_url":"https://blockchainlab.com/research/corpus/papers/compound-v3","study_url":"https://blockchainlab.com/whitepaper/compound-v3","last_reviewed":"2026-10-01","last_checked":"2026-10-01","relationships":[{"rel":"Canonical reading","label":"Compound III study","href":"/whitepaper/compound-v3"},{"rel":"Related paper","label":"Compound","href":"/whitepaper/compound"},{"rel":"Related paper","label":"Aave","href":"/whitepaper/aave"},{"rel":"Related paper","label":"Morpho","href":"/whitepaper/morpho-blue"}]}