Compound (COMP) is a key player in decentralized finance (DeFi), enabling algorithmic interest rate markets for lending and borrowing crypto assets. As one of the most widely used DeFi protocols, Compound automates yield generation by allowing users to earn interest or take out loans without intermediaries, making it an essential tool for both newcomers and experienced investors.
This guide reviews the best Compound (COMP) wallets for 2025, covering hardware, mobile, and desktop options to help you securely store and manage your COMP holdings.
Our top recommendation for a Compound wallet is Coinbase, known for its robust security, intuitive interface, and seamless COMP transactions. Whether you’re new to DeFi or a seasoned participant, Coinbase offers a trusted platform for buying, storing, and trading COMP with confidence.
Coinbase remains a dominant force in the cryptocurrency industry, serving as the custodian for BlackRock’s digital asset holdings and facilitating transactions for 90% of Bitcoin ETFs.
The video below walks you through the process of setting up a Compound wallet on Coinbase and securely managing your COMP assets.
The table below highlights the key advantages and disadvantages:
✅ User-Friendly – Simple interface for buying, selling, and storing COMP.
✅ Regulated – Compliant with U.S. and global regulations.
✅ High Liquidity – Fast COMP trades with deep order books.
✅ DeFi Access – Easy integration with Coinbase Wallet.
❌ Limited DeFi – No direct staking or governance participation.
❌ KYC Required – Mandatory ID verification, reducing privacy.
2. BitBox Hardware Compound Wallet
BitBox is a highly secure hardware wallet designed for storing COMP. It keeps private keys offline, providing strong protection against cyber threats while ensuring easy COMP transactions.
✅ Quick Backup & Recovery: Simple restoration using a microSD card.
✅ Multi-Asset Compatibility: Supports COMP, BTC, ETH, and other DeFi tokens.
✅ Lightweight & Travel-Friendly: Compact design for easy portability.
✅ Open-Source Software: Regular security audits ensure transparency and safety.
❌ Limited Mobile Support: Primarily optimized for desktop users.
This video guides you through setting up the BitBox COMP wallet:
3. Ledger Hardware Compound Wallet
Ledger is a highly trusted hardware wallet offering top-tier security and seamless integration with Compound’s DeFi ecosystem.
Ledger offers multiple models for secure COMP storage:
- Ledger Nano S Plus: Affordable option for storing COMP (€79.00).
- Ledger Nano X: Bluetooth-enabled for mobile COMP access (€149.00).
- Ledger Stax: Premium model with E Ink® display and wireless charging (€399.00).
✅ Broad Asset Support: Stores COMP alongside 1,800+ cryptocurrencies.
✅ Ledger Live Integration: Easily manage COMP transactions.
✅ Reliable Backup System: Uses a 24-word recovery phrase for account restoration.
✅ Durability: Designed for long-term security and usability.
❌ Requires External Apps: Needs third-party DeFi apps for COMP lending/borrowing.
This video shows how to set up the Ledger COMP wallet:
4. Trezor Hardware Compound Wallet
Trezor is a trusted hardware wallet providing offline storage, strong encryption, and intuitive usability for securely managing COMP tokens.
- Trezor Model One: Budget-friendly, supports COMP and 1,000+ assets ($69).
- Trezor Model T: Premium touchscreen model with added security ($129).
✅ Intuitive User Experience: Trezor Suite simplifies COMP management.
✅ Multi-Crypto Storage: Supports COMP, BTC, ETH, and 1,000+ assets.
✅ Open-Source Transparency: Community-audited software ensures reliability.
✅ Secure Backup System: Offers 12 to 24-word seed phrase protection.
❌ No Built-in Lending: Requires third-party platforms for COMP yield strategies.
For setup instructions, watch the video below:
5. Binance Compound Wallet
Binance Wallet is Binance’s official wallet, providing seamless storage, trading, and transfers for COMP.
✅ Instant COMP Transactions: Easily deposit, withdraw, and trade COMP.
✅ Secure & Compliant: Multi-layer protection, including 2FA and whitelisting.
✅ Multi-Asset Support: Store COMP alongside other DeFi tokens.
✅ User-Friendly Interface: Simple for both beginners and experts.
✅ Yield Earning: Stake COMP and earn passive income through Binance Earn.
❌ Custodial Control: Binance holds private keys, reducing user autonomy.
❌ KYC Required: Identity verification is mandatory, reducing privacy.
Watch the video below for more details:
6. MetaMask Compound Wallet
MetaMask is a popular browser extension and mobile wallet that supports COMP via Ethereum-based integrations and DeFi accessibility.
✅ Cross-Platform Support: Available as a browser extension and mobile app.
✅ DeFi-Ready: Directly connects to Compound for lending and borrowing.
✅ Non-Custodial: Full control over COMP private keys.
✅ Integrated Swaps: Swap COMP and other tokens within the wallet.
✅ Open-Source & Secure: Regularly audited for transparency and reliability.
❌ Manual Setup Needed: COMP must be added as a custom token.
❌ Hot Wallet Risks: Always online, making it vulnerable to phishing attacks.
For setup instructions, watch the video below:
7. SafePal Compound Wallet
SafePal provides both hardware and software wallet options, offering robust security and COMP management features.
✅ Hybrid Security: Choose between software and offline hardware storage.
✅ DeFi-Ready: Seamless access to Compound lending and borrowing.
✅ Air-Gapped Protection: Hardware wallet never connects to the internet.
✅ Integrated Swap & Trade: Exchange COMP directly within the app.
✅ Affordable Hardware Option: Lower-cost alternative to Ledger and Trezor.
❌ Mobile-Only: No desktop app available.
❌ Learning Curve: Advanced security settings may require time to master.
For more details, watch the video below:
8. OKX Compound Wallet
OKX Wallet is a multi-chain, non-custodial wallet that allows users to store, swap, and interact with COMP in the DeFi space.
✅ Multi-Chain Support: Manages COMP alongside Ethereum, BSC, and more.
✅ Integrated DeFi Access: Lends and borrows COMP directly on Compound.
✅ Built-In Swap & Trading: Trade COMP without leaving the wallet.
✅ Non-Custodial & Secure: Users control their private keys.
✅ Cross-Platform Compatibility: Available on mobile, desktop, and browser.
❌ KYC Required for Some Features: Some trading functions require verification.
❌ Gas Fees Apply: Ethereum network fees impact COMP transactions.
For more details, watch the video below:
9. Ellipal Compound Wallet
Ellipal is a hardware wallet that keeps COMP private keys completely offline with a high level of physical security.
✅ Air-Gapped Security: No USB, Bluetooth, or Wi-Fi connections.
✅ Supports COMP & DeFi Tokens: Fully compatible with Compound and Ethereum.
✅ Self-Destruct Feature: Automatically erases data if tampered with.
✅ Mobile-Friendly: Securely manages transactions via QR code scanning.
✅ Long Battery Life: Designed for long-term offline usage.
❌ Expensive: Higher cost than most software wallets.
❌ No Desktop Support: Works only via the mobile app.
For more details, watch the video below:
10. TokenPocket Compound Wallet
TokenPocket is a multi-chain DeFi wallet that allows users to securely manage COMP, interact with dApps, and explore lending opportunities.
✅ Multi-Chain Storage: Stores COMP, Bitcoin, Ethereum, and more.
✅ Built-In dApp Browser: Directly connects to Compound for DeFi access.
✅ Hardware Wallet Support: Compatible with Ledger and Trezor.
✅ Non-Custodial: Users control their private keys.
✅ Beginner-Friendly UI: Simple design for easy COMP management.
❌ Hot Wallet Risks: Online exposure increases security concerns.
❌ No Built-In COMP Staking: Requires external DeFi platforms for yield.
For more details, watch the video below:
11. Guarda Wallet for Compound (COMP)
Guarda is a non-custodial, multi-asset wallet that supports COMP, allowing users to store, swap, and manage tokens with seamless DeFi integrations.
Advantages:
- ✅ Multi-Asset Support: Store COMP alongside various DeFi tokens.
- ✅ Cross-Platform Access: Available on web, desktop, and mobile.
- ✅ Integrated Token Swaps: Swap COMP directly within the wallet.
- ✅ Non-Custodial Security: Users retain full control over their private keys.
- ✅ DeFi Connectivity: Easily connects to Compound for lending and borrowing.
Disadvantages:
- ❌ Transaction Fees: Network fees apply for swaps and transactions.
- ❌ Limited Staking Options: Does not offer direct COMP governance participation.
For more details, watch the video below:
12. Crypto.com DeFi Wallet for Compound (COMP)
The Crypto.com DeFi Wallet provides a decentralized and self-custodial solution for securely managing COMP while accessing DeFi lending.
Advantages:
- ✅ Full Control: Users manage their private keys without intermediaries.
- ✅ DeFi Lending Integration: Easily connect to Compound for borrowing and lending.
- ✅ Mobile Accessibility: User-friendly mobile app for on-the-go management.
- ✅ Seamless Token Swaps: Swap COMP with other crypto assets.
- ✅ Multi-Layer Security: Biometric authentication and encryption enhance protection.
Disadvantages:
- ❌ Mobile-Only: Lacks a dedicated desktop version.
- ❌ Limited Governance Support: No direct voting on Compound proposals.
For more details, watch the video below:
13. Rainbow Wallet for Compound (COMP)
Rainbow Wallet is a visually appealing and beginner-friendly wallet that supports COMP with seamless DeFi access.
Advantages:
- ✅ Intuitive Interface: Clean design for easy navigation.
- ✅ Direct DeFi Access: Connects to Compound for lending and borrowing.
- ✅ Web3-Enabled: Easily interacts with dApps and governance platforms.
- ✅ Non-Custodial: Users retain full control over their COMP holdings.
- ✅ Integrated Swaps: Swap COMP without leaving the wallet.
Disadvantages:
- ❌ Mobile-Only: No desktop support available.
- ❌ Ethereum-Exclusive: Lacks native support for other blockchain networks.
For more details, watch the video below:
14. Pillar Wallet for Compound (COMP)
Pillar Wallet is a multi-chain, smart wallet designed to interact with DeFi lending and borrowing platforms like Compound.
Advantages:
- ✅ Smart Contract Integration: Automates DeFi transactions.
- ✅ Gas Fee Optimization: Reduces transaction costs for COMP transfers.
- ✅ Multi-Chain Support: Works across Ethereum-based networks.
- ✅ Privacy Protection: No personal data collection or KYC required.
- ✅ Open-Source Transparency: Code is auditable for security.
Disadvantages:
- ❌ Mobile-Only: No dedicated desktop version available.
- ❌ Advanced Features: DeFi automation may be complex for beginners.
For more details, watch the video below:
15. AlphaWallet for Compound (COMP)
AlphaWallet is a fully open-source Web3 wallet designed for secure COMP storage and DeFi interactions.
Advantages:
- ✅ Open-Source & Transparent: Fully auditable codebase.
- ✅ Direct Compound Integration: Lend and borrow COMP easily.
- ✅ Gas Fee Optimization: Reduces Ethereum transaction costs.
- ✅ DeFi Staking & Governance: Enables participation in COMP governance.
- ✅ Built-In Token Swaps: Swap COMP directly from the wallet.
Disadvantages:
- ❌ Mobile-Only: No desktop support available.
- ❌ Ethereum-Only: Limited to Ethereum network transactions.
For more details, watch the video below:
16. imToken Wallet for Compound (COMP)
imToken is a feature-rich multi-chain wallet designed for DeFi users, enabling seamless management of COMP and direct lending interactions.
Advantages:
- ✅ Multi-Asset Support: Stores COMP alongside ETH and other tokens.
- ✅ DeFi Lending Integration: Connects directly with Compound lending pools.
- ✅ Built-In dApp Browser: Access Compound and other DeFi platforms with ease.
- ✅ Secure Private Key Management: Fully non-custodial for complete user control.
- ✅ Mobile & Desktop Support: Available on multiple devices for easy access.
Disadvantages:
- ❌ Occasional Sync Delays: Transactions may take time to update.
- ❌ Ethereum Gas Fees: High transaction costs during network congestion.
For more details, watch the video below:
17. TrustVault Wallet for Compound (COMP)
TrustVault is an enterprise-grade wallet offering institutional security for storing COMP while ensuring smooth DeFi participation.
Advantages:
- ✅ High-Security Infrastructure: Uses bank-grade encryption to protect COMP holdings.
- ✅ Multi-Signature Authentication: Requires multiple approvals for transactions.
- ✅ Institutional-Grade Custody: Ideal for large-scale COMP investors.
- ✅ DeFi Connectivity: Directly integrates with Compound and governance protocols.
- ✅ 24/7 Support: Dedicated customer assistance for institutional clients.
Disadvantages:
- ❌ Not Designed for Retail Users: Geared towards institutional investors.
- ❌ Premium Fees: High security and support services come at a cost.
For more details, watch the video below:
18. Rabby Wallet for Compound (COMP)
Rabby Wallet is a browser extension wallet designed specifically for DeFi, enabling smooth COMP transactions and governance participation.
Advantages:
- ✅ DeFi-Optimized: Designed for seamless lending and borrowing on Compound.
- ✅ Pre-Transaction Simulation: Shows estimated costs before confirming transactions.
- ✅ Multi-Chain Compatibility: Supports COMP across Ethereum and Layer 2 networks.
- ✅ Built-In Security Alerts: Warns users about phishing and malicious dApps.
- ✅ Gas Fee Management: Optimizes transaction fees for cost efficiency.
Disadvantages:
- ❌ Browser-Only: No mobile or desktop app currently available.
- ❌ Learning Curve: Advanced features may require technical knowledge.
For more details, watch the video below:
19. Frontier Wallet for Compound (COMP)
Frontier Wallet is a multi-chain DeFi wallet that enables seamless COMP staking, borrowing, and governance voting.
Advantages:
- ✅ Multi-Chain DeFi Access: Supports COMP alongside Ethereum and BSC.
- ✅ Integrated Staking & Lending: Connects to Compound for passive income generation.
- ✅ Governance Features: Enables voting on COMP improvement proposals.
- ✅ Security-Focused: Non-custodial with encrypted private keys.
- ✅ Mobile-Friendly: Available on iOS and Android for easy access.
Disadvantages:
- ❌ Mobile-Only: Lacks a desktop version.
- ❌ Third-Party Reliance: Some features depend on external DeFi protocols.
For more details, watch the video below:
20. Loopring Wallet for Compound (COMP)
Loopring Wallet is a Layer-2 scaling solution that enables fast and low-cost COMP transactions while supporting DeFi lending.
Advantages:
- ✅ Layer-2 Technology: Reduces gas fees for COMP transactions.
- ✅ Integrated DeFi Lending: Supports direct COMP lending and borrowing.
- ✅ Cross-Platform Accessibility: Available on mobile and web.
- ✅ Privacy-Focused: Zero-knowledge rollups enhance security.
- ✅ Speed & Efficiency: Faster COMP transactions compared to Ethereum mainnet.
Disadvantages:
- ❌ Technical Complexity: Layer-2 setup requires additional steps.
- ❌ Limited Asset Support: Primarily optimized for Ethereum-based tokens.
For more details, watch the video below:
21. BitKeep Wallet for Compound (COMP)
BitKeep Wallet is a multi-chain wallet supporting COMP storage, trading, and lending integration with DeFi platforms.
Advantages:
- ✅ Multi-Chain Compatibility: Supports COMP alongside other major blockchain assets.
- ✅ Built-In Swap Feature: Allows seamless COMP exchanges.
- ✅ DeFi-Ready: Connects directly to Compound for lending and borrowing.
- ✅ Mobile & Desktop Support: Access COMP wallet across multiple platforms.
- ✅ Enhanced Security: Offers private key encryption and hardware wallet integration.
Disadvantages:
- ❌ Mobile-Focused: Desktop version has limited features.
- ❌ Swap Fees Apply: Internal exchange may charge additional fees.
For more details, watch the video below:
22. Coin98 Wallet for Compound (COMP)
Coin98 Wallet is a DeFi-centric multi-chain wallet enabling cross-chain COMP transactions and yield opportunities.
Advantages:
- ✅ Cross-Chain Transactions: Move COMP across multiple blockchain networks.
- ✅ DeFi Lending Support: Seamless Compound lending and borrowing integration.
- ✅ Multi-Platform Access: Works on mobile, desktop, and browser extensions.
- ✅ Enhanced Security Features: Biometric authentication and strong encryption.
- ✅ Built-In Exchange: Swap COMP with other DeFi assets without leaving the wallet.
Disadvantages:
- ❌ Learning Curve: Advanced DeFi features may require prior experience.
- ❌ Network Congestion: Transactions may slow during peak Ethereum activity.
For more details, watch the video below:
23. Frame Wallet for Compound (COMP)
Frame Wallet is a desktop-first, privacy-focused COMP wallet designed for non-custodial DeFi transactions.
Advantages:
- ✅ Privacy-Enhanced: Fully decentralized with no third-party custody.
- ✅ Desktop-Focused: Ideal for users who prefer managing COMP on their computer.
- ✅ Hardware Wallet Integration: Compatible with Ledger and Trezor.
- ✅ Secure Key Management: Users retain full control of private keys.
- ✅ DeFi-Optimized: Easily connects to Compound for governance and transactions.
Disadvantages:
- ❌ No Mobile App: Currently available only on desktop.
- ❌ Not Beginner-Friendly: Requires knowledge of DeFi and key management.
For more details, watch the video below:
24. XDEFI Wallet for Compound (COMP)
XDEFI Wallet is a high-performance Web3 wallet offering seamless COMP transactions, DeFi staking, and asset swaps.
Advantages:
- ✅ Fast & Secure Transactions: Optimized for COMP and Ethereum-based assets.
- ✅ Multi-Asset Compatibility: Supports a wide range of DeFi tokens, including COMP.
- ✅ Built-In Swap Feature: Allows direct exchanges of COMP within the app.
- ✅ NFT & DeFi Support: Connects with multiple protocols beyond Compound.
- ✅ Web3-Enabled: Seamless dApp integration for advanced DeFi users.
Disadvantages:
- ❌ Browser-Based Only: Lacks a dedicated mobile or desktop app.
- ❌ Complex Features: Advanced DeFi tools may require technical knowledge.
For more details, watch the video below:
25. Phantom Wallet for Compound (COMP)
Phantom Wallet is a popular multi-chain wallet designed for secure COMP transactions, staking, and DeFi activities.
Advantages:
- ✅ User-Friendly Interface: Clean design for simple navigation.
- ✅ DeFi & Staking Integration: Supports COMP lending and borrowing.
- ✅ Multi-Platform Access: Available on web, mobile, and browser extension.
- ✅ Non-Custodial Security: Users maintain full control over their private keys.
- ✅ Cross-Chain Support: Expanding compatibility with Ethereum and other networks.
Disadvantages:
- ❌ Limited Direct COMP Features: Primarily focused on Solana, with growing Ethereum support.
- ❌ Potential Network Congestion: Performance may slow during peak usage.
For more details, watch the video below:
26. Exodus Wallet for Compound (COMP)
Exodus Wallet is a multi-platform, non-custodial wallet offering an intuitive way to store, manage, and swap COMP alongside other cryptocurrencies.
Advantages:
- ✅ Multi-Platform Support: Available on desktop, mobile, and browser.
- ✅ Built-In Exchange: Swap COMP with other cryptocurrencies directly within the wallet.
- ✅ Non-Custodial Security: Users have full control over private keys.
- ✅ User-Friendly Interface: Ideal for beginners managing COMP.
- ✅ 24/7 Customer Support: Offers live assistance for troubleshooting.
Disadvantages:
- ❌ Not Fully Open-Source: Some security elements remain proprietary.
- ❌ Higher Swap Fees: Internal exchange may have higher costs.
For more details, watch the video below:
27. Zelcore Wallet for Compound (COMP)
Zelcore Wallet is a multi-functional DeFi wallet tailored for advanced users, offering COMP lending, staking, and cross-chain management.
Advantages:
- ✅ Multi-Asset Support: Manage COMP alongside 200+ cryptocurrencies.
- ✅ Integrated DeFi Hub: Directly access Compound lending and staking.
- ✅ Cross-Chain Support: Easily transfer COMP across different networks.
- ✅ Hardware Wallet Compatibility: Connects with Ledger and Trezor.
- ✅ Advanced Security Features: Multi-layer encryption for private key protection.
Disadvantages:
- ❌ Steep Learning Curve: Advanced features may take time to master.
- ❌ Resource-Intensive: Requires more storage and processing power than basic wallets.
For more details, watch the video below:
28. Infinity Wallet for Compound (COMP)
Infinity Wallet is a multi-asset wallet that provides secure COMP storage, staking, and governance participation.
Advantages:
- ✅ Multi-Asset Management: Store COMP alongside major cryptocurrencies.
- ✅ Live Market Tracking: Real-time price updates and portfolio insights.
- ✅ Seamless DeFi Access: Connect to Compound for lending and governance.
- ✅ Multi-Platform Support: Works on desktop and mobile.
- ✅ Non-Custodial Security: Full control over COMP private keys.
Disadvantages:
- ❌ Developing Mobile App: Some features are still being rolled out.
- ❌ Limited Trading Features: Advanced DeFi tools may be lacking.
For more details, watch the video below:
29. ONTO Wallet for Compound (COMP)
ONTO Wallet is a decentralized identity wallet with privacy-focused COMP storage and DeFi integration.
Advantages:
- ✅ Enhanced Privacy: Protects user identity and transaction data.
- ✅ Multi-Blockchain Support: Works with COMP and other major DeFi networks.
- ✅ DeFi & Governance Integration: Participate in COMP lending and governance voting.
- ✅ Secure Key Management: Non-custodial private key storage.
- ✅ Cross-Platform Accessibility: Available on mobile and web.
Disadvantages:
- ❌ Complex Setup: Decentralized identity tools require user familiarity.
- ❌ Minor UI Bugs: Some users report occasional performance issues.
For more details, watch the video below:
30. Argent Wallet for Compound (COMP)
Argent Wallet is a user-friendly, non-custodial wallet optimized for COMP lending, borrowing, and DeFi interactions.
Advantages:
- ✅ Easy-to-Use Interface: Designed for all experience levels.
- ✅ DeFi & Yield Farming: Seamlessly integrates with Compound for passive income.
- ✅ Gas-Free Transactions: Supports Layer-2 transactions to reduce fees.
- ✅ Social Recovery Feature: Secure backup using trusted contacts.
- ✅ Non-Custodial Security: Full control over COMP private keys.
Disadvantages:
- ❌ Mobile-Only: No desktop version available.
- ❌ Limited Native COMP Features: Focused more on Ethereum-based DeFi.
For more details, watch the video below: