Compound
Compound (comp) is trading at $19.91 USD, down 3.41% in the last 24 hours. The price updates live on Vault.
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.
Compound (comp) is ranked #171 by market capitalisation, at $201.24M. Its all-time high is $854.45, set on 11 May 2021. 10M comp are in circulation, out of a maximum supply of 10M.
comp on Vault
- Swap into comp from other tokens on Base, Arbitrum One, Ethereum, BNB Smart Chain and Polygon.
- Trade comp perpetual futures on Hyperliquid with up to 5x leverage.