Compound current price is €0.00000.

Besides Compound (COMP) is the renowned cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Compound (COMP) price. Of course you can trade and/or invest in Compound (COMP) as well. On this page you'll find basic statistics and characteristics of Compound (COMP). Furthermore you'll find info regarding the Compound (COMP) price, basic technical analysis and a brief explanation of the story of Compound (COMP)

Current Compound (COMP) price

Please see below the Compound price chart as provided by our home broker.

Of course, you can start investing or trading directly bij opening an account with Bitvavo. In case you don't know how to open an account with Bitvavo, please download our manual here.

Onchain Metrics Compound (COMP)

If you want to perform a technical analysis of Compound and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.

These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.

Furthermore, we provide you with the price chart and historical data for Compound (COMP) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Compound.

The Compound agenda

In order to provide you with an accurate overview of coming Compound agenda items and events, you'll find our Compound agenda below.

If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.

What is Compound?

COMP is the governance token of the Compound protocol and a predetermined amount is distributed to all lenders and borrowers on the Compound protocol every day. COMP distributions happen every time an Ethereum block is mined (every 15 seconds) in an amount proportional to the interest accrued by each asset.

Who created Compound?

Compound was founded by serial entrepreneurs Robert Leshner and Geoffrey Hayes, whose previous firm, Britches, aggregated inventory from local shops to be sold on PostMates.

What is the purpose of Compound (COMP)?

Compound Finance is an algorithmically-operated, decentralized, interest rate protocol for lending and borrowing cryptocurrencies. It is a platform where users can frictionlessly supply (lend) cryptocurrencies as collateral, to borrow crypto assets based on interest rates set by real-time supply and demand.

Compound (COMP) nowadays

The current price of Compound is $413.27, established on the back of the 10.77% increase in the last 24 hours. In the past 30 days, the price of Compound has increased by 42.09%, while its accomplishments on the 1-year time frame amount to 218.44%.

The future of Compound (COMP)

To set the interest rate, Compound acts kind of like the Fed. It analyzes supply and demand for a particular crypto asset to set a fluctuating interest rate that adjusts as market conditions change. ... You'll pay that rate when you borrow. And Compound takes a 10 percent cut of what lenders earn in interest.