Compound price

in USD
$43.8
+$0.98 (+2.28%)
USD
We can’t find that one.
Check your spelling or try another.
Market cap
$413.85M #85
Circulating supply
9.46M / 10M
All-time high
$911.64
24h volume
$19.32M
3.8 / 5
COMPCOMP
USDUSD

About Compound

COMP is the governance token of Compound, a leading decentralized lending platform in the DeFi space. It allows users to earn interest or borrow assets by locking up crypto as collateral—without needing a bank. Holders of COMP can propose and vote on changes to the protocol, giving them a say in its future. Compound pioneered algorithmic interest rates that adjust based on supply and demand, making borrowing and lending more efficient. As one of DeFi's foundational projects, COMP remains a key player in decentralized finance by enabling permissionless access to financial services.
AI-generated
RWA
DeFi
CertiK
Last audit: 8 Apr 2021, (UTC+8)

Compound’s price performance

Past year
+7.85%
$40.61
3 months
-26.96%
$59.96
30 days
-19.81%
$54.62
7 days
+3.44%
$42.34
66%
Buying
Updated hourly.
More people are buying COMP than selling on OKX

Compound on socials

感悟.eth
感悟.eth
In this bull market, #ETH ETH. This bull market can indeed be said to be "depressing" or "difficult". In the last bull market, ETH still outperformed most public chain opponents even though it had a huge market capitalization, easily crushing EOS, which was in the limelight at the time. Uniswap is also a leader in the DeFi field, and it has been soaring for five months without looking back. But this time, we haven't felt the pleasure of "pushing through the clouds and seeing the sun". The feeling that the currency was finally recognized by the market after a long test. Since the start of the bull market was confirmed in October 2023, ETH has not only risen less than BTC, which has a larger market capitalization, but even far outperformed the upstart Solana. This round of BTC is supported by ETFs, and there is an inscription boom to increase the weight, which is like a bamboo shoot. Solana's share in the DeFi track continues to climb, and the popularity of memes has been wave after wave, sucking away the attention of many people who thought it should belong to the second layer of the Ethereum ecosystem. New projects on Solana, and even some meme coins that have just been launched, can easily surpass AAVE and COMP, which have been in operation for 5 or 6 years, and the phenomenal meme - Trump is directly out of the circle. On the other hand, Ethereum's NFT market has not improved for a long time, and it has been divided by BTC and Solana's NFT team. eden has even nominally surpassed blur to become the No. 1 NFT exchange in the market, and Jupiter on Solana once surpassed Uniswap in daily trading volume several times. Are we wrong? This is a sentence that many people will unconsciously ask themselves when they see other projects skyrocketing. Recently, something happened to Xiaomi Auto, and the Xiaomi team wrote a reflection letter, which contained the sentence "We have become the people we hate the most as we walk, forget about user first, and stare at sales and competitors all day long." Aren't we just like that? We started to lose our vision of what Uniswap was going to do next, and we didn't care what kind of changes V4 could bring. We just want to know if it can pull the market quickly so that we can cash out. Some people say, don't be serious, we are here to speculate, and the price and increase of the currency are what we should pay attention to. That's right, that's not true. But why do I still care about whether it has a long-term vision and technical advantages? Because that determines my confidence in it. Without confidence, you can't bear the pain of falling. Looking only at short-term gains will leave you with less safety cushions. If you just want to speculate, you can't hold on to the 50% increase; And a "stupid bird" like UNI, which has risen from 3.8 to 17, still some people can believe that this is far from the end, that is the essential difference. To keep everyone awake, why not review what was said before: Value investing is not a guarantee of making money, but takes you to play a game with a "relatively high win rate". In a bear market, the probability of losing less is high; When the bull market comes, the probability of surviving is high; In the event of an emergency, you are more likely not to be in the pit; When the bearish comes, the probability of not cutting meat at the bottom will be higher. If you keep doing some things, you will slowly widen the gap. In real life, we have long known how to stop losses in time, but in this circle we often fantasize about making a lot of money by speculation. Looking back at the first two rounds of bull markets, although there was a lot of chaos in the early days, in the end, those projects that were really valuable, technologically supported, and supported by demand all got the gains they deserved. Only projects with narrative, technology, and user base at the same time can stand taller and more stable. In the next few months, we will see validation. There are funds that pursue short-term returns, and there are also bookmakers who are willing to accompany them for a long time. Don't rush. Another example: Others only dare to take 1 yuan to invest in a certain coin, and when it rises 2-3 times, they are in a hurry to sell it; And if you take a heavy position in a project, even if it only rises 10 times, as long as you can hold it, the income will be considerable enough. The real profit is not based on how much the coin you have touched has risen, but on how much you have gained from a coin. Take a long-term view. If you only want to compete today or tomorrow, you are doomed to a bad mood. Because there will always be people whose currency rises faster than you, invests more than you, and earns more than you. But if you position yourself as a person who will live in the investment market for more than 30 years, then the winning or losing of a bull market and the right or wrong of a certain decision are just multiple-choice questions in a midterm exam. Looking back, it was just a process. Patience, patience, patience again. It was darkest before dawn. And I believe that soon it will be ETH's turn to enter the market.
Daan Crypto Trades
Daan Crypto Trades
🔔 New Video! The market is compressing. Is a big move due? Scenarios to watch and what I'm looking at. If you like my content, consider subscribing and leaving a like! It helps a lot! 👍 🔗
Blave
Blave
Blave AI is live 🎉🤖 Now you can directly chat with #AI to instantly: 📊 grasp market trends 🔎 analyze data 💡 discover trading opportunities For example, in the image: which coins can you go long/short on right now?! Blave AI tells you... $HYPE $TRUMP are strong, while $COMP $MOG are weak...

Guides

Find out how to buy Compound
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Compound’s prices
How much will Compound be worth over the next few years? Check out the community's thoughts and make your predictions.
View Compound’s price history
Track your Compound’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Own Compound in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Trade a wide selection of crypto on OKX

Compound FAQ

Compound is a decentralized finance (DeFi) platform facilitating cryptocurrency lending and borrowing. It operates through the use of a governance token called COMP.

Holding COMP offers several utilities and benefits within the Compound ecosystem. COMP holders can participate in liquidity farming programs and stake their tokens on platforms like OKX Earn to earn rewards. Additionally, COMP can be used for decentralized borrowing and lending on the Compound platform. Furthermore, COMP holders can engage in governance by proposing and voting on protocol changes, influencing the direction and development of the ecosystem.

Easily buy COMP tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include COMP/USDT and COMP/USDC.

You can also buy COMP with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for COMP with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into COMP, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Compound is worth $43.8. For answers and insight into Compound's price action, you're in the right place. Explore the latest Compound charts and trade responsibly with OKX.
Cryptocurrencies, such as Compound, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Compound have been created as well.
Check out our Compound price prediction page to forecast future prices and determine your price targets.

Dive deeper into Compound

Compound (COMP) is a cryptocurrency that plays a significant role in shaping the future of borrowing and lending protocols within the decentralized finance (DeFi) industry.

What is Compound

Compound is a prominent DeFi protocol that utilizes its native token, COMP, as an integral part of its platform. COMP enables users to access and utilize the services offered by Compound seamlessly. One of the critical features of COMP is its governance functionality, which empowers token holders to participate in the decision-making process actively. By holding COMP tokens, users have the authority to propose and vote on modifications and improvements to the protocol, allowing them to shape its future development.

The Compound team

The Compound team comprises blockchain programmers and entrepreneurs driven by a shared vision of establishing an efficient and accessible financial system. Robert Leshner leads the team, bringing expertise in economics and finance to the table. The team has achieved remarkable milestones, securing more than $8 million in funding from prominent stakeholders. Currently, the Compound protocol manages assets valued at over $1 billion, showcasing the team's success in building a robust and trusted platform.

How does Compound work?

Compound operates as a DeFi protocol that facilitates the lending and borrowing of cryptocurrencies. Built on the Ethereum blockchain, users can engage in these activities transparently and securely. 

The platform's native token, COMP, serves dual purposes: governance and incentives. COMP holders have the power to propose and vote on changes to the protocol, shaping its future. Additionally, COMP is a reward mechanism, encouraging users to supply assets or borrow against collateral. This incentivizes participation and contributes to the platform's overall functionality.

Compound’s native token: COMP

Compound's native token, COMP, plays a crucial role in the ecosystem by serving multiple functions. With a maximum supply of 10 million, COMP operates on the Ethereum blockchain as an ERC-20 token. It is used for governance and liquidity mining rewards within the Compound platform.

COMP token holders can propose and vote on modifications to the protocol, actively participating in the decentralized governance of the platform. This empowers the community to shape the future direction of Compound.

Additionally, COMP tokens are utilized as incentives for users who engage in the liquidity mining program of the DeFi protocol. By providing liquidity to the platform, users can earn COMP tokens as rewards, further enhancing participation and liquidity within the ecosystem.

How to stake COMP

To stake COMP tokens and maximize rewards, COMP holders should purchase COMP from reputable cryptocurrency exchanges like OKX. If an account still needs to be established, registration should be completed, along with the setup of an ERC-20 wallet. 

Once these steps are taken, the COMP tokens can be sent to the chosen staking platform, such as OKX Earn, which offers a flexible staking setup. The next step involves confirming the desired amount of COMP to stake and selecting the Subscribe button to initiate the staking process.

COMP use cases

The COMP token has multiple use cases within the Compound ecosystem and the broader DeFi sector. COMP holders can participate in the Compound protocol's governance by suggesting proposals and voting on important decisions. Additionally, they can earn rewards by participating in DeFi programs or staking their COMP tokens.

Distribution of COMP

The distribution of COMP tokens is as follows:

  • 50 percent of the tokens are allocated to Compound's liquidity mining program.
  • 25 percent is reserved for the Compound team and advisors.
  • The remaining 25 percent is set aside for future needs within the Compound ecosystem.

What does the future hold for Compound

The future of Compound holds plans for platform expansion, encompassing stablecoins, fiat currencies, and additional cryptocurrencies. Geographically, Compound aims to extend its presence to promising regions like Asia and Latin America. Furthermore, the team intends to introduce new DeFi products and services, including derivatives and financial markets, and forge partnerships with other DeFi protocols.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$413.85M #85
Circulating supply
9.46M / 10M
All-time high
$911.64
24h volume
$19.32M
3.8 / 5
COMPCOMP
USDUSD
Easily buy Compound with your AUD