Market Cap: $1 613 224 898 870 (2.68%)
  • Volume 24h: $102 671 773 465 (6.36%)
  • Market Cap Change 24h: 2.68%
  • BTC dominance: 44.71%

Compound Governance Token

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Compound Governance Token COMP

CMC Rank: 48
  • USD: $396.2
    1h: 3.3% 24h: 4.37% 7d: 17.33%
  • BTC: 0.012 BTC
All Time High: $910.5 3 years ago
Current price is -56 % from ATH
Market
  • Cap: $2 134 478 013
  • Vol 24h: $172 749 959 (8.09 %)
Supply
  • Circulating: 5 385 777 COMP (53.9 %)
  • Total: 10 000 000 COMP

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Compound Governance Token Price Chart

About Compound Governance Token

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.

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Compound Governance Token All Time High Chart