Compound news
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.
- Read the most important and hot news about

Mar 25, 2025 - 7:55
Fidelity Exec Names Key Reason Behind Bitcoin Price Correction
Advertisement
Mar 24, 2025 - 20:37
Kraken Intends to Raise $1 Billion in Debt
Mar 24, 2025 - 15:53
Here’s Why Bitcoin Is Likely Never Dropping Below $45K
Mar 24, 2025 - 5:45
Bitcoin to $200K? ‘Rich Dad Poor Dad Author’ Says Many People Will Make This Mistake
Advertisement
Mar 23, 2025 - 12:10
$250 Million Bitcoin Whale Wakes up After 8 Years of Hibernation
Mar 20, 2025 - 17:49
VanEck: Key Data ‘Threatens’ Bitcoin Bull Market
Mar 19, 2025 - 17:58
Breaking: Bitcoin Reacts to Fed's Rate Decision
Mar 19, 2025 - 11:37
Just In: Massive $1 Billion USDT Transfer Hits Major Asian Crypto Exchange
Mar 18, 2025 - 9:24
Gloomy Bitcoin Market Prediction Issued by CryptoQuant CEO: ‘Bull Cycle Over’
Mar 17, 2025 - 15:43
Standard Chartered Dramatically Reduces Ethereum (ETH) Price Target
Mar 16, 2025 - 12:52
Whale Opens $332 Million Bitcoin Short, Here's His Liquidation Price
Mar 14, 2025 - 16:50
Bitcoin Surges to $85K as Inflation Expectations Skyrocket
Mar 14, 2025 - 11:04
Binance's CZ Reveals Stunning Part of His Future Book About Crypto
Mar 12, 2025 - 15:27
Great Bull Market for Crypto Is Looming: Top Analyst
Advertisement
Mar 12, 2025 - 15:13
BTC, ETH Crashing – Here's What This Means for Markets in 2025: Mike McGlone
Mar 10, 2025 - 18:59
Binance's CZ Reacts to Brutal Bitcoin Crash
Mar 10, 2025 - 14:18
Breaking: Bitcoin Collapses Below $80,000
Mar 10, 2025 - 5:52
Bloomberg's McGlone Predicts Bitcoin Might Plunge to $70,000
Mar 8, 2025 - 8:15
1,000,000,000 DOGE in 24 Hours - What's Happening?
Mar 6, 2025 - 18:06
JPMorgan Remains Bearish on Bitcoin
Mar 6, 2025 - 11:17
Binance CEO Names Key 'Non-Negotiable' Factor for Binance: Details
Advertisement
Mar 6, 2025 - 8:01
Top Trader Says XRP Is Still Facing Major Bearish Pattern
Mar 5, 2025 - 13:41
Binance's CZ Issues Important Crypto Prediction Post
Mar 4, 2025 - 18:49
BlackRock CEO: Buy Big Dip If It Comes
Advertisement
Mar 4, 2025 - 15:31
Bloomberg Analyst: Falling Bitcoin 'Might Suggest Deflation’
Mar 4, 2025 - 14:04
Crucial Statement on Surviving Market Crash Shared by SHIB Team
Mar 2, 2025 - 7:57
XRP Might Collapse to $1.1 If This Bearish Pattern Plays Out
Mar 1, 2025 - 8:46
Binance's CZ Issues Crucial Advice for Those Shaken Out by Bitcoin Crash
Feb 28, 2025 - 15:42
Solana (SOL) Futures Launch Date Confirmed by CME Group: Details
Feb 28, 2025 - 12:06
Former NBA Star Pippen Issues Crucial Bitcoin Accumulation Call