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COMP

Compound Price (COMP)

Compound (COMP) is currently priced at $24.23 USD. The price has increased 0.03% in the last 24 hours. It has a market capitalization of $234,225,523.448. Fully diluted valuation: $242,264,106.24. Circulating supply is 9,668,189.278 COMP. Total supply is 10,000,000 COMP.

$24.23

Stats

1 Day+0.03%
1 Month+0.43%
3 Months+0.26%
1 Year0.4%
Market Cap$234.2M
Fully Diluted$242.3M

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.