What is COMPOUND(COMP)?Launch

Basic information about COMP

Coin name:

Compound

Coin symbol:

Coin introduction:

Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

Current Price:

$22.65More coin details

All-time high:

$910.54

All-time low:

$15.21

COMP Supply Info and Tokenomics

Circulating supply:

9,668,189

Total supply:

10,000,000

Max supply:

Market cap:

$218.98M

Fully diluted valuation:

$226.50M

What is the outlook and future value of COMP?

The current market cap of COMP is $218.98M, ranked 265 in the market, showing that the market already recognizes the value of COMP. When a bull market arrives, the market cap of COMP may continue to grow.

Moreover, if COMP can play a greater role in real-world applications—such as if the Monero developers can fully empower COMP and establish partnerships with more business partners to expand its user base—then the long-term value of COMP will be further enhanced.

What is the price of COMP in 2027?

According to the historical price performance prediction model of COMP, the price of COMP is expected to reach $23.78 at 2027.

Note: As with any crypto investment, investors should closely monitor COMP’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get COMP?

Purchasing COMP with cash is not the only way to obtain COMP. If you have enough time, you can get COMP for free.

Learn how to get Hot rewards for free with COMP.

Earn free COMP by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get COMP airdrops for free.

All crypto airdrops and rewards can be exchanged for COMP through LBank spot trading.

Buy COMP starting from $1

What is COMP used for and how to use it?

The use cases for COMP may grow with the development of the crypto market and project progress. Currently, you can use COMP to:

Arbitrage trading of COMP

COMP is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many COMP trading pairs to suit your needs.

Earn yield with COMP

You can also lend out COMP or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your COMP gains.

Send or pay with COMP

If you want to pay someone with COMP, you can easily and quickly send COMP to them using their receiving address.

You can also visit the official website of Compound to learn more use cases of COMP, such as whether the Compound project supports community/eco apps or buying physical or virtual goods with COMP.