|Brief||The majority of cryptocurrencies sit idle on exchanges and in wallets, without yielding interest. We're on a mission to change that.|
|Last updated:||Tuesday, November 24, 2020 1:00:02AM UTC|
|Crypto Volatility Index (CVIX):||73|
|Current price, USD:||127.84|
|Market capitalization, USD:||533 018 729|
|Available supply:||4 169 462 COMP|
|Volume 24 hours, USD:||149 956 133|
General COMP facts, technical details and general information about Compound crypto currency
Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol.
The majority of cryptocurrencies sit idle on exchanges and in wallets, without yielding interest. We're on a mission to change that.
Like most Decentralized Finance (DeFi) protocols, Compound is a system of openly accessible smart contracts built on Ethereum. Compound focuses on allowing borrowers to take out loans and lenders to provide loans by locking their crypto assets into the protocol. The interest rates paid and received by borrowers and lenders are determined by the supply and demand of each crypto asset. Interest rates are generated with every block mined. Loans can be paid back and locked assets can be withdrawn at any time.
Built on top of that principle is cTokens, Compound's native token that allows users to earn interest on their money while also being able to transfer, trade, and use that money in other applications.
We list daily Compound historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Nov 15||122.16||118.22||130.13||491 402 519|
|Nov 16||119.88||115.41||123.32||501 294 481|
|Nov 17||119.75||119.06||126.35||497 831 540|
|Nov 18||122.19||110.85||123.50||470 678 667|
|Nov 19||114.68||109.75||117.27||477 664 289|
|Nov 20||113.21||113.21||123.15||476 627 718|
|Nov 21||116.33||114.64||126.38||515 542 732|
|Nov 22||127.36||114.22||128.06||514 199 159|
|Nov 23||116.21||116.21||128.88||525 830 126|
|Nov 24||125.76||125.76||127.84||533 018 729|
|COMP price change 24 hours||9.90%|
|COMP price change 7 days||6.35%|
We publish the most accurate Compound Forecasts and News including crypto industry experts' opinion on a daily basis