Compound Price

Compound is a decentralized finance (DeFi) protocol built on the Ethereum blockchain. It allows users to lend and borrow crypto assets through a system of smart contracts. The COMP token is the native governance token of the Compound platform, giving holders voting rights on protocol upgrades and changes. Key features of Compound: - Current price: $45.7 - Market cap: $424.42M - 24h trading volume: $1.05M - Circulating supply: 9.28M COMP - Total supply: 10M COMP - All-time high: $910.54 (May 12, 2021) - All-time low: $25.74 (June 11, 2023) Compound was launched in June 2020 and has since become one of the leading DeFi lending protocols. The COMP token incentivizes liquidity providers and borrowers to participate in the ecosystem. As of 2025-06-27, Compound ranks #156 by market cap among all cryptocurrencies. Analysts predict the COMP price could reach $47.05 by 2026, $78.57 by 2030, and potentially $127.8 by 2035 as DeFi adoption grows. However, price predictions are speculative and subject to market conditions.

Compound was created on June 16, 2020. It was launched as the governance token for the Compound protocol, a decentralized lending platform built on Ethereum. Since its inception, Compound has played a crucial role in the decentralized finance (DeFi) ecosystem, allowing holders to participate in the governance of the Compound protocol by proposing and voting on changes. The token's creation marked an important milestone in the development of decentralized governance models in the cryptocurrency space.

The founders of Compound are Robert Leshner and Geoffrey Hayes. They launched the protocol in September 2018 and the COMP governance token in June 2020. Robert Leshner serves as the CEO of Compound Labs, the company behind Compound, while Geoffrey Hayes is the CTO. Both founders have extensive experience in fintech and blockchain technology. Their vision was to create an open financial system where anyone could lend or borrow crypto assets. Since its launch, Compound has become one of the leading decentralized finance (DeFi) protocols on Ethereum, with a current market cap of $424.42M.

Compound works as a decentralized money market protocol on the Ethereum blockchain. It allows users to lend and borrow crypto assets through smart contracts. Lenders can supply assets to earn interest, while borrowers can take out loans by providing collateral. The COMP token is used for governance, allowing holders to vote on protocol changes and upgrades. The total supply of COMP is capped at 10M COMP, with 9.28M COMP currently in circulation. As of 2025-06-27, Compound has a market cap of $424.42M and is trading at $45.7. The protocol aims to create an efficient and transparent lending ecosystem in the DeFi space.

Compound is built on the Ethereum blockchain as a decentralized money market protocol. Its technical architecture includes: 1. Smart Contracts: Core smart contracts written in Solidity that govern lending, borrowing, and interest rate models. 2. cTokens: ERC-20 tokens representing claims on underlying assets in Compound markets. 3. Governance: On-chain governance system using COMP tokens for protocol upgrades and parameter adjustments. 4. Price Oracle: Chainlink oracle integration for accurate asset price feeds. 5. Interest Rate Model: Algorithmic interest rate determination based on supply and demand. 6. Liquidation Mechanism: Automated liquidation process to maintain system solvency. 7. Compound Open Price Feed: Decentralized price oracle system. 8. Proxy Contracts: Upgradeable smart contract architecture for protocol improvements. 9. Integration Layer: APIs and SDKs for easy integration with other DeFi protocols and applications. This architecture enables Compound to function as an efficient, transparent, and secure decentralized lending and borrowing platform on Ethereum.

The future and roadmap of Compound look promising. As a leading DeFi protocol, Compound aims to expand its ecosystem and improve its governance model. Key initiatives include: 1. Enhancing cross-chain compatibility to support more blockchains beyond Ethereum. 2. Introducing new financial products and services to attract more users and increase total value locked (TVL). 3. Improving the COMP token utility and governance mechanisms to empower community decision-making. 4. Developing partnerships with other DeFi projects to create synergies and expand use cases. 5. Focusing on security upgrades and audits to ensure the protocol's robustness. In terms of price predictions: - By 2026: $47.05 - By 2030: $78.57 - By 2035: $127.8 These projections are based on Compound's strong fundamentals, growing adoption, and the overall expansion of the DeFi sector. However, actual performance may vary due to market conditions and technological advancements in the crypto space.