#190 rank
Compound

Compound comp

Compound Price in USD

$51.4

-9.50%

0.015 ETH

0.001 BTC

Price Change

MIN

MAX

Compound Price Statistics

Current Price

$51.4

Fully Diluted MarketCap

$724,541,231

Total Volume

71,534,231

Total Supply

10,000,000

Circulating Supply

6,856,085.763

What is Compound (COMP)?

Compound is a decentralized interest rate market that allow users to lend and borrow Ethereum tokens at variable interest rates. Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol

The Team Behind Compound

Compound Labs was established in August 2017 by Geoffrey Hayes and Robert Leshner. The company has its office in San Francisco, California, USA. In 2018 Compound raised $8.2 million in funding from prominent venture capital firms Andreessen Horowitz and Bain Capital Ventures. Compound raised a further $25 million in 2019

Top Value Drivers For Compound

The main reasons to invest in Compound include: - Compound was one of the first decentralized application where users can borrow and lend cryptocurrencies without revealing their Identity(no KYC) - Every time a user interacts with a Compound market(by borrowing or lending) they are rewarded with additional COMP tokens. - More than a billion dollars in assets are locked in Compound

FAQs

The current price of Compound is USD 51.4.

The total supply of Compound is 10,000,000 and circulating supply of Compound is 6,856,085.763

The trading volume of Compound is 71,534,231 in the last 24 hours.