COMP Price Live Data
The current Compound (COMP) price is $44.01 USD, reflecting a +5.76% change over the last 24 hours. Key metrics include:
- 24-Hour Trading Volume: $24.86M USD
- 24-High/Low: $44.07 / $41.24
- Market Cap: $112.73M USD
- Circulating Supply: 2,561,279 COMP
👉 Track COMP's real-time price movements
Compound (COMP) Overview
Key Specifications
- CoinRank: #93
- Token Type: Utility Token (ERC-20)
- Mineable: No
- Maximum Supply: 10,000,000 COMP
- All-Time High: $912.09
- All-Time Low: $24.04
Protocol Governance
COMP tokens enable decentralized governance of the Compound protocol. Holders participate in:
- Proposing protocol upgrades
- Voting on changes
- Directing development priorities
Daily Distribution
Approximately 2,880 COMP are distributed daily to protocol users:
- 50% to lenders (suppliers)
- 50% to borrowers
- Allocation is market-specific (ETH, USDC, DAI, etc.), proportional to accrued interest.
COMP Market Data (Summary)
| Metric | Value |
|---|---|
| Last Price | $44.01 |
| 24h Change | +5.76% |
| 24h Volume | $24.86M USD |
| Market Cap | $112.73M USD |
| Circulating Supply | 2,561,279 COMP |
Frequently Asked Questions (FAQs)
1. What drives COMP’s price volatility?
COMP’s price fluctuates based on DeFi adoption rates, governance activity, and broader crypto market trends. Demand for borrowing/lending services on Compound also impacts valuations.
2. How do I participate in Compound governance?
Hold COMP tokens and:
- Submit proposals via the Compound Governance Dashboard.
- Delegate voting power to representatives.
3. Where can I buy COMP?
COMP is listed on major exchanges like:
- Binance
- Coinbase
- OKX
👉 Trade COMP securely on OKX
4. What’s Compound’s long-term value proposition?
As a leading DeFi lending protocol, Compound aims to:
- Democratize access to financial services.
- Reduce reliance on traditional banking systems.
Additional Resources
| Resource | Link |
|---|---|
| Official Blog | Medium |
| Discord | Chat |
| @compoundfinance | |
| GitHub | Repo |
Disclaimer: Cryptocurrency investments carry risks. Always conduct independent research.
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