- Coins 17 139
- Exchanges 1 296
- Market Capitalization $2 773 093 040 304
- 24h Trading Volume $114 184 350 599
- Dominance BTC 59.85% ETH 7.87%
Compound (comp) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 170 |
COMP
Compound
COMP
| $ 43.86 | -3.32% | 10 000 000 | 8 940 026 | AI Insight |
Compound (comp)
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.
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