FXTM information and reviews
FXTM
92%
IronFX information and reviews
IronFX
91%
Libertex information and reviews
Libertex
90%
FxPro information and reviews
FxPro
89%
FIBO Group information and reviews
FIBO Group
88%
FXCM information and reviews
FXCM
87%
EUR/USD
1.2084
GBP/USD
1.407
USD/JPY
109.5559
USD/CHF
0.9083
USD/CAD
1.2111
EUR/JPY
132.3867

Compound Rating, COMP Price and Marketcap


Compound is an algorithmic, autonomous interest rate protocol built for developers, to unlock a universe of open financial applications. Compound is managed by a decentralized community of COMP token-holders and their delegates, who propose and vote on upgrades to the protocol.

The majority of cryptocurrencies sit idle on exchanges and in wallets, without yielding interest. We're on a mission to change that.

Like most Decentralized Finance (DeFi) protocols, Compound is a system of openly accessible smart contracts built on Ethereum. Compound focuses on allowing borrowers to take out loans and lenders to provide loans by locking their crypto assets into the protocol. The interest rates paid and received by borrowers and lenders are determined by the supply and demand of each crypto asset. Interest rates are generated with every block mined. Loans can be paid back and locked assets can be withdrawn at any time. 

Built on top of that principle is cTokens, Compound's native token that allows users to earn interest on their money while also being able to transfer, trade, and use that money in other applications.

* Forex Rating accepts no liability for any errors in the Compound Price or COMP Information. For the most recent information please visit the Compound official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin -13.97676575%
2 ETH Information Ethereum 4.2750152%
3 BNB Information Binance Coin -12.72568515%
4 ADA Information Cardano 20.58538895%
5 USDT Information Tether -0.01612208%
6 DOGE Information Dogecoin -34.5259923%
7 XRP Information XRP -21.35023192%
8 DOT Information Polkadot -4.33840514%
9 NPXS Information Pundi X[old] 2584.47%
10 BCH Information Bitcoin Cash -19.86102633%
Cryptocurrency Rating

BTC/USD Forecasts

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13 May 2021

Bitcoin loses 6% in an hour after Tesla drops payments over carbon concerns

Bitcoin has shed nearly 6% in an hour after Tesla suspended its support for payments in BTC. The Bitcoin markets are pulling back after electric car manufacturer Tesla...

13 May 2021

Equities and Bitcoin Lower, USD Flat

US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB nothing new...

23 Apr 2021

Bitcoin price drops to $52K, liquidating almost $10B

Bitcoin (BTC) fell to sudden lows of $52,000 on April 18 in a timely reminder of how price action often follows hash rate. Cointelegraph Markets Pro and TradingView...

19 Apr 2021

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