How much is compound (compound) worth?

The Compound price is $39.25, a change of -3.74% over the past 24 hours as of 10:57 a.m. The recent price action in Compound left the tokens market capitalization at $269,110,015.23. So far this year, Compound has a change of 26.14%. Compound is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).

How do you get compound (Comp) tokens?

These COMP tokens can be bought from third-party exchanges or can be earned by interacting with the Compound protocol, such as by depositing assets or taking out a loan. How Many Compound (COMP) Coins Are There in Circulation?

When did compound reach its highest and lowest price?

Compound reached its highest price on May 12, 2021 when it was trading at its all-time high of $ 909.34, while Compound's lowest price was recorded on Jun 10, 2023 when it was trading at its all-time low of $ 24.02. The lowest price since it's ATH was $ 24.02 (cycle low). The highest COMP price since the last cycle low was $ 82.89 (cycle high).

What is compound (Comp)?

COMP is an ERC-20 token built on the Ethereum blockchain that functions as the governance token of the decentralized finance (DeFi) platform Compound. According to the Compound team, the purpose of the token is to bring Compound towards full decentralization, removing the original developers of Compound as a point of failure for the protocol.