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COMP

Compound Price (COMP)

Compound (COMP) is currently priced at $24.19 USD. The price has increased 0.05% in the last 24 hours. It has a market capitalization of $233,844,324.132. Fully diluted valuation: $241,869,824.224. Circulating supply is 9,668,189.278 COMP. Total supply is 10,000,000 COMP.

$24.19

Stats

1 Day+0.05%
1 Month+0.44%
3 Months+0.27%
1 Year0.37%
Market Cap$233.8M
Fully Diluted$241.9M

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.