Compound news
Advertisement
AD
Compound (COMP) is the governance token of decentralized cryptocurrency lender Compound.
The ERC-20 asset was first introduced back in February to hand power from the company to the users of the protocol.
Initially, only some of the Compound’s stakeholders were able to get their hands on the token, but they earlier voted to distribute it to all users.
The distribution of the token began on June 15 after the completion of its testnet trial.
After being listed on Coinbase on June 18, the token witnessed a massive 150 percent price rally from its initial trading price of roughly $62.
The maximum number of tokens that will ever be in circulation is restricted to 10 million.

Aug 27, 2025 - 20:25
Bitcoin Forming This Bullish Pattern. Is New ATH Close?
Advertisement
Aug 27, 2025 - 5:56
Will There Be Demand for XRP ETFs? Bloomberg Analyst Weighs In
Aug 26, 2025 - 20:22
Uptober? Ethereum Savior Tom Lee Sees Crypto Outperforming in Q4
Aug 26, 2025 - 13:08
XRP's Little Brother Becomes Top 100 Cryptocurrency
Advertisement
Aug 26, 2025 - 9:50
$891,000,000 Market Damage: Crypto Bloodbath to End Bull Run for Good?
Aug 25, 2025 - 19:51
Billionaire Tim Draper on $250K Bitcoin Prediction: 'I Haven't Been Right Yet'
Aug 25, 2025 - 14:26
New Ethereum (ETH) ATH Could Be Ominous Sign, This Chart Shows
Advertisement
Aug 25, 2025 - 8:45
Bitcoin: It's Critical Week for BTC
Aug 25, 2025 - 7:41
Raoul Pal: ETH Will Outperform BTC
Aug 24, 2025 - 18:47
Crypto Bull Cycle Just Getting Started, Tom Lee Says
Advertisement
Aug 21, 2025 - 10:09
$80,000,000,000 in Ethereum in 24 Hours: This Wave Is Enormous
Aug 21, 2025 - 6:07
U.S. Government Increases Its ETH Holdings
Aug 21, 2025 - 5:31
CEO of Largest US Crypto Exchange Stuns with $1 Million Bitcoin Price Prediction
Advertisement
Aug 20, 2025 - 7:56
+2,196.63% SHIB: Key Metric Moves Millions of Meme Coins
Aug 19, 2025 - 20:29
Harvard Economist Who Predicted That Bitcoin Was More Likely to Hit $100 Than $100K Finally Speaks Out
Aug 18, 2025 - 9:26
Ethereum (ETH) Whales Disappearing: Details
Advertisement
Aug 18, 2025 - 7:31
Top Trader: Don’t Buy ETH’s Dip
Aug 18, 2025 - 5:47
XRP Slips Below $3 as Nearly $500 Million Worth of Crypto Gets Liquidated
Aug 17, 2025 - 9:24
1.7 Billion XRP Tokens Accumulated at This Make-or-Break Level
Aug 17, 2025 - 8:06
Ethereum (ETH) Having Its Best Q3 Ever