$COMP
COMP is the native token of Compound, a decentralized lending protocol on the Ethereum blockchain. Here's a brief overview [1]:
- *Current Price*: $41.40-$42.53
- *Market Capitalization*: $362.76 million-$372.64 million
- *24-hour Trading Volume*: $32.20 million-$35.42 million
- *Circulating Supply*: 8.76 million-8.77 million COMP
- *Total Supply*: 10 million COMP
*Key Features*
- *Lending and Borrowing*: COMP token holders can participate in governance decisions and earn interest on supplied assets
- *Governance*: COMP tokens are used for voting on protocol upgrades and decisions
- *Distribution*: COMP tokens are distributed to users who supply or borrow assets on the platform
*Where to Buy COMP*
You can buy COMP tokens on popular exchanges like:
- *Binance*: A well-established exchange with a large user base
- *Coinbase Exchange*: A popular platform for buying and selling cryptocurrencies
- *OKX*: A cryptocurrency exchange with various trading pairs
- *Bybit*: A derivatives exchange with COMP trading pairs
- *Bitget*: A cryptocurrency exchange with COMP trading pairs
*Recent Developments*
Compound has been in the news for its protocol upgrades, market trends, and potential airdrops [2].