Informations

53.19

USD

Rank #122


WebSite : Compound.finance
Whitepaper : Docs.compound.finance
Domain Age : Registered over 5 years ago

  • 24 hours

    3.17%

  • 30 days

    58.66%

  • ATH

    -94.16%

Compound Ratings Score

Last score update : 2 days ago

Compound Price live today

Compound (COMP) is currently trading at 53.19 USD and with a circulating supply of 6,856,086 COMP.
Its market capitalization is 365,119,108 USD.
COMP price has moved 3.17% in the last 24 hours, with 35,970,960 USD worth of COMP traded on various exchanges.
Compound currently ranks #122 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.