$COMP Price Breaks $78, Up 8.89% Over the Last 24 Hours

$COMP Price Breaks $78, Up 8.89% Over the Last 24 Hours

According to TokenInsight data, the Compound ($COMP) price went up by v% over the last 24 hours, trading at $78.83 now.

Compound is a decentralized lending protocol built on Ethereum, supporting depositing digital assets to earn interest, or mortgage assets to lend out other assets. The interest rate of both parties is determined by the supply and demand algorithm.

$COMP is an ERC-20 asset that empowers community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on all changes to the protocol.

 

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Source

Compound

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