Compound (COMP)

Compound (COMP)

The price of Compound is $43.55, a +1.78% change over the last 7 days. Learn more about Compound’s price history, how it works, and how to invest.

Updated: Mar 21, 2023
Historical Data
Price Statistics
Compound price today
24h Change -$0.50
24h Low $41.70
24h High $45.55
Market Cap $316.52M
Trading Volume (24h) $24.67M
Market Dominance 0%
Market Rank #117
Circulating Supply 7.27M
Max Supply 10M

Compound markets

Spot Derivatives OTC
# Source Pairs Price +2% Depth -2% Depth Volume Updated
Binance Binance
COMP/USDT $44.07 $130,786.36 $376,868.49 4,084,592 Recently
Coinbase Exchange Coinbase Exchange
COMP/USD $44.10 $129,080.78 $419,842.65 2,018,491 Recently
KuCoin KuCoin
COMP/USDT $44.07 $8,328.46 $21,712.89 382,963 Recently
Binance Binance
COMP/BTC $44.05 $26,958.60 $21,703.27 240,506 Recently
Binance Binance
COMP/BUSD $44.02 $40,411.14 $49,642.22 219,467 Recently
Bithumb Bithumb
COMP/KRW $44.70 $6,721.26 $8,188.70 44,575 Recently
Kraken Kraken
COMP/USD $43.85 $55,604.71 $65,566.43 18,579 Recently
Kraken Kraken
COMP/BTC $43.80 $11,217.68 $9,725.52 12,951 Recently
Bitfinex Bitfinex
COMP/USD $43.93 $5,626.92 $11,872.63 11,570 Recently
Kraken Kraken
COMP/EUR $43.75 $71,425.97 $127,518.91 10,559 Recently
Binance Binance
COMP/USDT $44.10 $0 $0 30,476,688 Recently
KuCoin KuCoin
COMP/USDT $44.11 $0 $0 1,122,699 Recently
Bitfinex Bitfinex
COMP/USTC $53.74 $0 $0 21,140 Recently
Kraken Kraken
COMP/USD $43.80 $0 $0 8,894 Recently
COMP/USDT $44.15 $0 $0 8,693,208 Recently
Bybit Bybit
COMP/USDT $44.16 $0 $0 3,291,373 Recently
Bitget Bitget
COMP/USDT $44.12 $0 $0 800,444 Recently
Crypto.com Exchange Crypto.com Exchange
COMP/USD $43.98 $0 $0 6,470 Recently
COMP/USDT $44.13 $0 $0 3,141,808 Recently
Phemex Phemex
COMP/USD $44.16 $0 $0 1,289,715 Recently
CoinEx CoinEx
COMP/USDT $44.10 $0 $0 188,225 Recently
Delta Exchange Delta Exchange
COMP/USDT $44.11 $0 $0 35,850 Recently
Bitrue Bitrue
COMP/USDT $44.12 $0 $0 3,014,339 Recently
Perpetual Protocol Perpetual Protocol
COMP/USDC $60.76 $0 $0 1,407,192 Recently
ApolloX ApolloX
COMP/USDT $44.07 $0 $0 121,715 Recently
StormGain StormGain
COMP/USDT $43.94 $0 $0 12,743 Recently
COMP/USDT $44.11 $0 $0 11,605 Recently
Hotcoin Global Hotcoin Global
COMP/USDT $44.09 $0 $0 5,874,642 Recently
COMP/USDT $44.15 $0 $0 217,406 Recently
DigiFinex DigiFinex
COMP/USDT $44.12 $0 $0 4,812,031 Recently
CoinTiger CoinTiger
COMP/USDT $44.10 $0 $0 9,143,006 Recently
COMP/USDT $44.05 $0 $0 3,258,073 Recently
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About Compound


What is the Compound price today?

The COMP price is currently $43.55. The price of Compound is -25.07% over the last 30 days. You can use the live Compound chart to track the COMP/USD price in real time above, or compare the Compound value today to its past performance using the Compound price history tab at the top of this page.

What is the total supply of COMP?

The circulating supply is 7,267,152.00 COMP, out of a total maximum supply of 10,000,000.00 COMP.

What is the price prediction for Compound?

The average Compound price prediction values the coin at $30 by the end of 2023. Things like the economic climate, establishment support and acceptance, and the crypto market as a whole can all have an impact on the price.

It’s best to take predictions with a grain of salt but you can use expert estimates to help you understand the weight of opinion about a coin.

What is Compound?

Compound is software that lets you borrow and lend cryptocurrency. Anyone can take out a loan or deposit coins and start earning interest instantly, without needing the approval of a financial institution. 

It uses the COMP token as an incentive to reward those who provide liquidity or pay off their loans on time.

How does Compound work?

Compound works by calculating interest rates based on supply and demand. These interest rates are an incentive: the less of a particular coin there is staked on the platform, the higher the interest rate on offer for depositing yours.

The principle works in reverse, as borrowing a coin with plenty of supply is cheaper.

How is the Compound network secured?

Compound operates on the Ethereum blockchain. It is secured by the blockchain’s proof of work consensus mechanism. This means that other users on the network, known as nodes, verify and secure all transactions.

The algorithm requires nodes on the network to solve complex mathematical problems to validate new transactions and add them to the blockchain. Once a block of transactions has been verified, it is added to the previous block via a chain, forming a blockchain.

What is Compound used for?

Compound is a key player in the growing world of decentralised finance. It has multiple uses, including loans without things like credit checks and a place to earn interest on crypto assets. Since 2018 it has raised over $30m in a series of funding rounds and the Coinbase exchange is a notable early backer.

Why does COMP have value?

The Compound platform allows you to borrow and earn using cryptocurrency. When you deposit coins to earn interest, you are returned tokens that correspond to its value, which you can then loan, deposit, or stake elsewhere while still earning interest. You also have to post collateral (in the form of another cryptocurrency) to be able to borrow.

Who created Compound?

Robert Leshner and Geoffrey Hayes founded Compound in 2017. Leshner and Hayes previously worked at online food delivery service, Postmates. Leshner is Compounds’ current CEO, while Hayes is its CTO.

Where can I buy Compound?

You can buy Compound on a crypto exchange. An exchange is a marketplace that allows you to sign up, deposit your money, and buy some crypto, just as you would with a stock platform.

Most cryptocurrency brokers allow you to keep the coins you buy in your account. However, you may want to sign up for a dedicated crypto wallet for some extra security.

You can deposit money into a broker or exchange account by a bank transfer or card payment. However, if you prefer to use a different payment method, like PayPal, then your options may be more limited.

Are there any other ways to invest in Compound?

The simplest way to invest in Compound is to buy it outright. However, another option is to simply open a crypto account. Crypto accounts are like regular bank accounts and allow you to store a variety of currencies, send and receive payments, earn interest on savings, and spend freely with a credit card.

You can also invest in crypto more generally through a crypto ETF. These are financial instruments that give you exposure to a group of leading cryptocurrencies more suited to high net worth individuals.

Are there any Compound alternatives?

There are several platforms around that offer a similar service to Compound and below you can find a selection of a few alternatives.

  • Crypto.com. You can stake 100+ cryptocurrencies on Crypto.com
  • Binance. There are 300+ cryptocurrencies available to stake on Binance.
  • Nexo. Nexo is a popular crypto lending and borrowing platform.

More crypto guides

Is Compound safe?
Has Compound been hacked?
James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.

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Latest Compound news

Compound pauses use of four tokens as collateral
October 25, 2022
DeFi solution offers 24/7 real-time check on liquidation risk
July 14, 2022
Compound (COMP) targets $250 as it gains over 10% in 24 hours
December 18, 2021
WOO Network and Chainlink partner to create customized market data oracles
October 29, 2021
Exclusive: Almost $15M in missing funds returned to Compound
October 4, 2021
Compound (COMP) welcomes multi-chain future with testnet
March 2, 2021