COMP icon
COMP

Compound Price (COMP)

Compound (COMP) is currently priced at $24.75 USD. The price has increased 0.04% in the last 24 hours. It has a market capitalization of $239,264,378.135. Fully diluted valuation: $247,475,893.62. Circulating supply is 9,668,189.278 COMP. Total supply is 10,000,000 COMP.

$24.75

Stats

1 Day+0.04%
1 Month+0.47%
3 Months+0.15%
1 Year0.39%
Market Cap$239.3M
Fully Diluted$247.5M

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.