COMP is an ERC20-compatible token that is used as a governance token on the Compound.finance protocol. The Compound.finance protocol is decentralized borrowing and lending platform that is running on the Ethereum network. Liquidity providers earn interest on the funds they provide, and borrowers pay interest and fees on the funds they borrow. The protocol is autonomous.
With a total market cap of over $354 million, Compound is the No. 144 cryptocurrency by market size. The currency symbol for Compound is COMP. Compound is the token issued by the Compound platform. There will only ever be 10 million Compound tokens issued. So far 6.85 million tokens (68.6% of the total supply) have been issued.
We found crypto protocols offering up to 538.7% APY on Compound deposits (2.5% APY CeFi, 538.7% APY DeFi) and loans as low as 20% APR against Compound used as collateral. Check out our Compound staking yields table and Compound loan rates table for further details.
The technical price analysis for Compound below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Compound.
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Compound FAQs
QWhat was the highest price that Compound ever reached?
AThe highest price that Compound ever reached was $910.54 USD. This all time high price occured on 12 May 2021.
QWhat was the lowest price that Compound ever reached?
AThe lowest price that Compound ever reached was $25.74 USD. This all time low price occured on 10 Jun 2023.
QDoes Compound have a Reddit channel?
AYes you can find the Compound Reddit channels at .
QWhat ecosystem is Compound part of?
ACompound is part of the Arbitrum Ecosytem and Bnb Chain ecosystems.
QIs it possible to stake Compound to generate passive income?
AYes, staking is available for Compound on a number of platforms. For a full list of Compound staking yields see our list of Compound staking yields.
QHow much can I earn staking Compound?
AYou can earn up to 538.7% APY by staking your Compound tokens. Check out our Compound staking yields table for further details.
QWhere is the best place to stake Compound?
ARight now the best staking rates are on Sommelier with an income rate of up to 538.7% APY.
QWhat is the difference between CeFi and DeFi staking rates for Compound?
AThe best CeFi staking rate that we could find for Compound is on YouHodler with an income rate of up to 2.5% APY and the best DeFi staking rate is on Sommelier with an income rate of up to 538.7% APY.
QIs it a good time to buy Compound?
AYou can check the technical indicators for Compound on the Compound Price Trend tab. These indicators are based on the analysis of multiple trading signals for Compound.
QWhere is the best place to buy Compound?
AYou can find the cheapest exchange on which to buy Compound on the Compound Buy tab.
QCan you get a Compound loan without collateral?
AAlmost all Compound loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Compound flash loans which allow you to borrow uncollateralised Compound for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Compound loans on the Compound Loans tab.
QWhich venture capital firms have invested in Compound?
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