Compound price

in AED
AED178.43
-AED19.2827 (-9.76%)
AED
We can’t find that one.
Check your spelling or try another.
Market cap
AED1.68B
Circulating supply
9.4M / 10M
All-time high
AED3,348.36
24h volume
AED211.15M
3.8 / 5
COMPCOMP
AEDAED

About Compound

COMP is the native cryptocurrency of the Compound protocol, a decentralized finance (DeFi) platform built on blockchain technology. Compound allows users to lend and borrow cryptocurrencies without needing a traditional bank or intermediary. By depositing assets into the platform, users can earn interest, while borrowers can access funds by providing collateral. COMP plays a key role in this ecosystem by giving holders the ability to participate in governance decisions, such as proposing and voting on changes to the protocol. This makes COMP more than just a token—it’s a tool for shaping the future of decentralized finance. Whether you're exploring earning passive income or learning about DeFi, COMP introduces you to a world of financial innovation powered by blockchain.
AI-generated
RWA
DeFi
CertiK
Last audit: Apr 8, 2021, (UTC+8)

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.

Compound’s price performance

Past year
+8.48%
AED164.47
3 months
+3.25%
AED172.81
30 days
+1.61%
AED175.60
7 days
+2.10%
AED174.76
57%
Buying
Updated hourly.
More people are buying COMP than selling on OKX

Compound on socials

GGsOnly🫡
GGsOnly🫡
USDT dominance is also showing a telling sign: The lower this chart goes = The more money entering the markets = crypto goes up. Although heading into support, every bounce from here has been resulting in a lower high every time. A bounce could coincide with a correction in the markets mid september. Everything is lining up perfectly. Almost too perfect.
Nexus Mutual
Nexus Mutual
Big news from our partners @OpenCover 👀 If you're looking for a way to earn yield in DeFi but don't want to take on extra risk, this product is for you... Yield + Cover = Peace of Mind Learn how to try it for free below ⏬
OpenCover
OpenCover
🚀 JUST LAUNCHED 🚀 🛡️ Introducing @OpenYield, your go-to for *covered* DeFi yield. ⁉️ What's the big deal? Earn onchain without worrying about protocol hacks, liquidation failures or oracle manipulation. 😎 Just earn on your favourite protocols and relax. Alpha inside👇
DeFi Warhol
DeFi Warhol
$AAVE generated $68.5m in revenue YTD. More than its next 16 competitors combined. The undisputed king of onchain lending.

Guides

Find out how to buy Compound
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Predict Compound’s prices
How much will Compound be worth over the next few years? Check out the community's thoughts and make your predictions.
View Compound’s price history
Track your Compound’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.
Own Compound in 3 steps

Create a free OKX account

Fund your account

Choose your crypto

Diversify your portfolio with over 60 euro trading pairs available on OKX

Compound FAQ

Compound is a decentralized finance (DeFi) platform facilitating cryptocurrency lending and borrowing. It operates through the use of a governance token called COMP.

Holding COMP offers several utilities and benefits within the Compound ecosystem. COMP holders can participate in liquidity farming programs and stake their tokens on platforms like OKX Earn to earn rewards. Additionally, COMP can be used for decentralized borrowing and lending on the Compound platform. Furthermore, COMP holders can engage in governance by proposing and voting on protocol changes, influencing the direction and development of the ecosystem.

Easily buy COMP tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include COMP/USDT and COMP/USDC.

You can also buy COMP with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

You can also swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for COMP with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into COMP, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Compound is worth AED178.43. For answers and insight into Compound's price action, you're in the right place. Explore the latest Compound charts and trade responsibly with OKX.
Cryptocurrencies, such as Compound, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Compound have been created as well.
Check out our Compound price prediction page to forecast future prices and determine your price targets.

Dive deeper into Compound

Compound (COMP) is a cryptocurrency that plays a significant role in shaping the future of borrowing and lending protocols within the decentralized finance (DeFi) industry.

What is Compound

Compound is a prominent DeFi protocol that utilizes its native token, COMP, as an integral part of its platform. COMP enables users to access and utilize the services offered by Compound seamlessly. One of the critical features of COMP is its governance functionality, which empowers token holders to participate in the decision-making process actively. By holding COMP tokens, users have the authority to propose and vote on modifications and improvements to the protocol, allowing them to shape its future development.

The Compound team

The Compound team comprises blockchain programmers and entrepreneurs driven by a shared vision of establishing an efficient and accessible financial system. Robert Leshner leads the team, bringing expertise in economics and finance to the table. The team has achieved remarkable milestones, securing more than $8 million in funding from prominent stakeholders. Currently, the Compound protocol manages assets valued at over $1 billion, showcasing the team's success in building a robust and trusted platform.

How does Compound work?

Compound operates as a DeFi protocol that facilitates the lending and borrowing of cryptocurrencies. Built on the Ethereum blockchain, users can engage in these activities transparently and securely. 

The platform's native token, COMP, serves dual purposes: governance and incentives. COMP holders have the power to propose and vote on changes to the protocol, shaping its future. Additionally, COMP is a reward mechanism, encouraging users to supply assets or borrow against collateral. This incentivizes participation and contributes to the platform's overall functionality.

Compound’s native token: COMP

Compound's native token, COMP, plays a crucial role in the ecosystem by serving multiple functions. With a maximum supply of 10 million, COMP operates on the Ethereum blockchain as an ERC-20 token. It is used for governance and liquidity mining rewards within the Compound platform.

COMP token holders can propose and vote on modifications to the protocol, actively participating in the decentralized governance of the platform. This empowers the community to shape the future direction of Compound.

Additionally, COMP tokens are utilized as incentives for users who engage in the liquidity mining program of the DeFi protocol. By providing liquidity to the platform, users can earn COMP tokens as rewards, further enhancing participation and liquidity within the ecosystem.

How to stake COMP

To stake COMP tokens and maximize rewards, COMP holders should purchase COMP from reputable cryptocurrency exchanges like OKX. If an account still needs to be established, registration should be completed, along with the setup of an ERC-20 wallet. 

Once these steps are taken, the COMP tokens can be sent to the chosen staking platform, such as OKX Earn, which offers a flexible staking setup. The next step involves confirming the desired amount of COMP to stake and selecting the Subscribe button to initiate the staking process.

COMP use cases

The COMP token has multiple use cases within the Compound ecosystem and the broader DeFi sector. COMP holders can participate in the Compound protocol's governance by suggesting proposals and voting on important decisions. Additionally, they can earn rewards by participating in DeFi programs or staking their COMP tokens.

Distribution of COMP

The distribution of COMP tokens is as follows:

  • 50 percent of the tokens are allocated to Compound's liquidity mining program.
  • 25 percent is reserved for the Compound team and advisors.
  • The remaining 25 percent is set aside for future needs within the Compound ecosystem.

What does the future hold for Compound

The future of Compound holds plans for platform expansion, encompassing stablecoins, fiat currencies, and additional cryptocurrencies. Geographically, Compound aims to extend its presence to promising regions like Asia and Latin America. Furthermore, the team intends to introduce new DeFi products and services, including derivatives and financial markets, and forge partnerships with other DeFi protocols.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Market cap
AED1.68B
Circulating supply
9.4M / 10M
All-time high
AED3,348.36
24h volume
AED211.15M
3.8 / 5
COMPCOMP
AEDAED
Easily buy Compound with free deposits via SEPA