Compound (COMP)$25.68
20.14% (24H)
Low $20.99
High $28.08
- Market Cap $256.83 M
- Volume $97.93 M
- Available Supply 10.00 M COMP
- ATH $854.45
- ATH(% Change) -96.99%
- ATH Date 2021-05-11
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Compound current price is $25.68 with a marketcap of $256.83 M. Its price is 20.14% up in last 24 hours.
The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert. Anybody can participate in Compound governance by receiving delegation, without needing to own COMP.Anybody with 1% of COMP delegated to their address can propose a governance action; these are simple or complex sets of actions, such as adding support for a new asset, changing an asset’s collateral factor, changing a market’s interest rate model, or changing any other parameter or variable of the protocol that the current administrator can modify.
