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1 COMP22.647 USD *
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Compound (COMP) price performance.

The current Compound price is $22.65 as in the last 24 hours its value has changed by 6.24%. Compound ranks number 129 in terms of market capitalization. Compound is a cryptocurrency you can buy, sell, or exchange on the Nexo platform.

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What is Compound (COMP)?

Compound (COMP) is the native governance token of the Compound Protocol, a decentralized lending platform built on Ethereum. The protocol allows users to earn interest on their crypto by supplying assets to liquidity pools or borrow against their holdings without relying on centralized intermediaries.

Compound operates through smart contracts that automatically adjust interest rates based on supply and demand. This model has positioned it as one of the foundational pillars of decentralized finance (DeFi), enabling efficient money markets where users can lend, borrow, and earn yield in a fully transparent and permissionless way.

COMP holders play a critical role in shaping the protocol's future. The token enables decentralized governance, meaning holders can propose and vote on changes to key protocol parameters, such as interest rate models, supported assets, and reserve factors. 

The price of COMP is $22.65, and the project holds a market capitalization of $225,710,650.24. Its highest recorded price was , achieved on . There are COMP tokens in circulation. The total supply is , with a maximum cap of tokens.

You can buy Compound using your credit or debit card directly on Nexo, or explore additional payment options for access. Proceed to the Nexo Exchange to buy COMP.

Why choose Nexo to buy Compound?

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Purchase COMP with card or bank transfer and get crypto cashback.

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Find answers to all your questions about Compound.

What is Compound (COMP) crypto?

Compound is a decentralized finance (DeFi) protocol that allows users to lend and borrow cryptocurrencies without intermediaries. Lenders deposit assets into liquidity pools and earn interest, while borrowers take loans by providing collateral. COMP is the governance token of the Compound protocol. Holders can propose and vote on protocol upgrades, fee structures, and risk parameters.

How does Compound (COMP) work?

Compound operates through smart contracts on the Ethereum blockchain. Users supply supported tokens into lending pools, and these assets are made available for borrowing. Interest rates are determined algorithmically, based on supply and demand within each market.

How to use Compound crypto?

You can use Compound by connecting a Web3 wallet to the platform and depositing supported assets into its pools. This enables you to earn interest or use your deposits as collateral to borrow other cryptocurrencies.

When was Compound coin launched?

The Compound protocol launched in September 2018, with the COMP governance token introduced in June 2020.

How to buy Compound (COMP) crypto?

To buy COMP on Nexo:

  1. Log in to your Nexo account
  2. Visit the Compound page
  3. Choose your payment method
  4. Enter the amount and confirm your purchase

You can buy COMP using crypto, debit/credit card, or bank transfer — depending on availability in your region.

Where to buy Compound (COMP) crypto?

COMP is available on many exchanges. On Nexo, you can purchase COMP directly with multiple payment options, all from a single, user-friendly platform.

How to get Compound coin?

You can get COMP either by purchasing it on exchanges or by participating in the Compound protocol. In the past, active users of the platform were rewarded with COMP tokens for supplying or borrowing assets, though distribution terms may evolve over time.

How to mine Compound (COMP)?

COMP cannot be mined like proof-of-work cryptocurrencies. Instead, it is distributed through governance mechanisms and was historically earned by users interacting with the Compound protocol.

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