Informations

35.8

USD

Rank #149


WebSite : Compound.finance
Whitepaper : Docs.compound.finance
Domain Age : Registered over 6 years ago

  • 24 hours

    -2.2%

  • 30 days

    -17.95%

  • ATH

    -96.07%

Compound Ratings Score

Last score update : 6 days ago

Compound Price live today

Compound (COMP) is currently trading at 35.8 USD and with a circulating supply of 6,856,086 COMP.
Its market capitalization is 245,350,801 USD.
COMP price has moved -2.2% in the last 24 hours, with 6,519,627 USD worth of COMP traded on various exchanges.
Compound currently ranks #149 in cryptocurrency rankings based on market capitalization.

About Compound (COMP)

The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP.

Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.