What is Compound?

Compound (COMP) is a DeFi protocol governance token currently ranked 132nd by market capitalization across all crypto assets we track. DeFi governance tokens grant voting rights over protocol parameters and, in some cases, a share of protocol revenue.

Market position

At the current price of $22.77, Compound carries a market capitalization of $215.59M. Daily trading volume across exchanges sits at roughly $7.11M. That works out to a 24-hour turnover of about 3.30% of the float — consistent with healthy market activity for a mid-to-large cap asset.

Price action across timeframes

Over the past 24 hours, Compound has moved -0.90%; over the past week, Compound has moved ++1.56%; over the past 30 days, Compound has moved ++1.02%; over the past year, Compound has moved -48.34%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.

Cycle position

Compound is currently trading far below its all-time high (all-time high of $913.49, -97.5% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $14.73, current pricing represents a +55% recovery.

Supply & dilution

The circulating supply stands at 10,000,000 COMP. With 100.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.

Volatility profile

Recent price action puts Compound in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets. Over the past 30 days, the 30-day move totals +1.02%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate Compound

A balanced read on COMP typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is COMP performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

Compound (COMP) is a decentralized finance protocol that allows users to lend and borrow cryptocurrencies, earning interest on their assets. It utilizes smart contracts on the Ethereum blockchain to automate the lending process. Source: CoinPaprika.com