Current COMP Market Data
Latest Price: $41.7
24h Trading Volume: $25,908,669
24h Price Change: -6.52%
Circulating Supply: 9,391,300 COMP
Max Supply: 10,000,000
Circulation Rate: 93.91%
Market Cap: $391,613,187
What Is Compound (COMP)?
Compound is an algorithmic, autonomous interest rate protocol designed for developers to unlock open financial applications. Built on Ethereum, this public smart contract system enables:
- Borrowers to secure loans by locking crypto assets
- Lenders to earn interest by supplying liquidity
- Interest rates adjusted automatically based on supply/demand
Key Features
- Multi-Asset Support
Currently accepts 11 tokens: BAT, DAI, ETH, REP, USDC, WBTC, UNI, COMP, ZRX, USDT, and SAI. - cToken Mechanism
Lenders receive interest-bearing cTokens (e.g., cDAI) representing their deposited assets. - Collateralized Borrowing
Borrowers must maintain a loan-to-value ratio <1 using approved collateral. - Liquidation Protocol
Liquidators automatically repay undercollateralized loans to claim discounted assets.
COMP Tokenomics
Distribution
- 50.05% to protocol users (42.3% via liquidity mining)
- 23.96% to Compound Labs shareholders
- 22.26% to team/founders (4-year vesting)
- 3.73% reserved for future team members
Emission Schedule
- 0.5 COMP per Ethereum block (~845,989 COMP/year)
- Total emission over 4 years
COMP Ecosystem
Official Channels
- Twitter: @compoundfinance
- Medium: Compound Finance Blog
Contract Addresses
Chain | Contract Address |
---|---|
Ethereum | 0xc00e94cb662c3520282e6f5717214004a7f26888 |
BNB Chain | 0x52ce071bd9b1c4b00a0b92d298c512478cad67e8 |
Solana | AwEauVaTMQRB71WeDnwf1DWSBxaMKjEPuxyLr1uixFom |
FAQ
1. What was COMP's all-time high price?
$910.46 (May 12, 2021)
2. Where can I buy COMP?
Major exchanges include:
- OKX
- Coinbase
- Crypto.com Exchange
3. Is COMP a good long-term investment?
Cryptocurrencies like COMP carry high volatility. Conduct thorough research on:
- Project fundamentals
- Team experience
- Market conditions
- Token utility
4. Can I short COMP?
Yes, through margin trading on:
- KuCoin
- Binance
- MEXC Global
Shorting cryptocurrencies involves significant risk.