Compound (COMP) is currently priced at $23.99 USD. The price has increased 6.31% in the last 24 hours. It has a market capitalization of $239,921,396.946. Fully diluted valuation: $239,921,396.946. Circulating supply is 10,000,000 COMP. Total supply is 10,000,000 COMP.
$23.99
- 1D
- +6.3%
- 1M
- +18.6%
- 3M
- +41.3%
- 1Y
- −42%
Market Cap$239.9M
Fully Diluted$239.9M
About Compound
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.