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Compound Price (COMP)

COMP/USD • 55.05

COMP

USD

1 COMP =$55.05Last updated: February 22, 2025

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Price of Compound (COMP) Today

As of the latest data, Compound (COMP) is currently priced at $52.59 with a market capitalization of $466.03M. The 24-hour trading volume stands at $63.28M, The circulating supply of Compound is approximately $8.87M. The cryptocurrency has seen a -4.04% decrease in value over the past 24 hours.

Best Compound (COMP) Prices

Platform	Coin	Price
Nexo	Compound (COMP)	55.05
M2	Compound (COMP)	55.34
Uphold	Compound (COMP)	56.76
OKX	Compound (COMP)	55.26
YouHodler	Compound (COMP)	55.28
Binance	Compound (COMP)	55.28

Latest Compound (COMP) Interest Rates

Compound (COMP) Lending Rates

Platform	Coin	Interest rate
YouHodler	Compound (COMP)	Up to 12 APY

See all 10 lending rates

Compound (COMP) Borrowing Rates

Platform	Coin	Interest rate
YouHodler	Compound (COMP)	From 23 APR
Bitget	Compound (COMP)	From 25.23 APR

See all 3 borrowing rates

Compound Buying Guide

How to buy Compound

Frequently Asked Questions About Compound (COMP)

What is Compound (COMP)?: Compound (COMP) is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies. It operates on the Ethereum blockchain, where interest rates are determined algorithmically by supply and demand.
How can I earn interest with Compound?: You can earn interest on Compound by supplying cryptocurrencies to the platform. As others borrow these assets, you earn interest paid in the same cryptocurrency, calculated based on the protocol's algorithms.
Is Compound safe to use?: Compound is built on smart contracts audited by security firms. However, using DeFi protocols involves risks such as smart contract bugs and market volatility. Stay informed through Bitcompare's tools for news updates and alerts.
How are interest rates determined on Compound?: Interest rates on Compound are determined by an algorithm that considers the supply and demand dynamics of each crypto asset on the platform. These rates fluctuate in real-time based on market conditions.
What are cTokens?: cTokens are tokens you receive in exchange for supplying assets to Compound. They represent your claim to the supplied assets and accrued interest, and can be redeemed at any time.
Can I use Compound on mobile devices?: Yes, Compound is accessible via mobile through DApp browsers within crypto wallet apps. Stay updated with Bitcompare's tools for mobile-friendly price comparisons and news alerts.
What tools can help me stay informed about Compound?: Bitcompare offers a suite of tools including real-time price comparisons, sentiment analysis, email alerts, and the latest Compound news. Bookmark and check this page regularly to stay informed.