Today's Compound price is $172.20, which is down 2% over the last 24 hours. Compound's market cap is $548.60M. 24 hour COMP volume is $55.72M. It has a market cap rank of 33 with a circulating supply of 3,185,780 and max supply of 10,000,000. Compound is traded on exchanges. Compound had an all-time high of $332.76 about 2 months ago. Over the last day, Compound has had 31% transparent volume.
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.