Aave vs Compound — How DeFi Lending Was Born (ETHLend, Liquidity Mining)

Описание: Aave vs Compound — How DeFi Lending Was Born (ETHLend, Liquidity Mining)

Aave vs Compound — this is the story of how DeFi lending was born.

Before billions in TVL, before “yield farming,” before looping strategies became mainstream, DeFi lending started with simple but radical ideas. In this episode of Origin of DeFi, we trace the real history of DeFi lending — from ETHLend’s peer-to-peer model to Compound’s liquidity mining, the moment that ignited DeFi’s first growth explosion.

Recorded as oral history with TokenBrice, this conversation captures what it actually felt like to experience DeFi between 2018 and 2025 — when money markets were experimental, risks were poorly understood, and every new primitive reshaped the ecosystem.

In this episode, we cover:

How ETHLend evolved into Aave and why pooled liquidity changed everything

Why Compound’s liquidity mining became DeFi’s growth playbook

How looping, collateral, and money markets really work (without hype)

The shift from peer-to-peer lending to scalable DeFi infrastructure

Why Aave ultimately won in TVL — and what Compound got right first

This is not price talk.
This is not yield chasing.
This is DeFi history, told by the people who lived it.

If you want to understand how DeFi lending actually works, why Aave vs Compound mattered, and how these protocols shaped everything that came after — this episode is your starting point.

About the series
Origin of DeFi is a long-form oral history series by Digital Duniya, documenting how DeFi evolved from early experiments into global financial infrastructure.

00:00 Aave vs Compound – The Origin of DeFi Lending
02:10 ETHLend: Peer-to-Peer Lending Before Aave
06:45 Why Money Markets Replaced P2P Lending
10:30 Compound and the Birth of Liquidity Mining
16:40 How Looping Strategies Work in DeFi Lending
22:50 Aave V3, eMode, and Liquid Staking Tokens
29:40 Why Aave Won TVL and Compound Took a Different Path
35:10 The Hidden Risk Layer Behind DeFi Money Markets
41:30 What Aave vs Compound Tells Us About DeFi’s Future

📌 About Digital Duniya

Digital Duniya creates long-form, high-signal conversations exploring finance, technology, and decentralized systems — with a focus on education, history, and first-principles thinking.

🔔 Watch till the end for insights on:

Infrastructure design • Sustainable models • Long-term thinking in DeFi

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