#190 rank
Compound comp
Compound Price in USD
$55.29
-9.50%0.018 ETH
0.001 BTC
Price Change
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Compound Price Statistics
Current Price
$55.29
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
Trending Coins
FAQs
The current price of Compound is USD 55.29.
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.