Exchange Compound

comp Price Live Data

The live Compound price today is $ 55.55 usd with a 24-hour trading volume of $75 985 116 usd. We update our COMP to usd price in real-time. Compound is up 4.08% in the last 24 hours. The current coinmarketcap ranking is #184, with a live market cap of $491 153 223 usd. It has a circulating supply of 8 840 885 COMP coins and the max. Supply of 10 000 000 COMP coins.

What Is Compound (comp)?

The Compound Governance Token is an administration token on the Compound Finance loaning convention, COMP permits the proprietor to assign casting a ballot rights to their preferred location; the owner’s wallet, another client, an application, or a DeFi master. Anyone can partake in Compound administration by getting appointment, without expecting to claim COMP.

Anybody with 1% of COMP designated to their location can propose an administration activity; these are straightforward or complex arrangements of activities, for example, adding support for another resource, changing an asset’s insurance factor, changing a market’s loan cost model, or changing some other boundary or variable of the convention that the ongoing executive can modify.