Compound (COMP) Price
Historical Compound price chart and current Compound price.
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What is Compound?
Compound is a DeFi protocol built on Ethereum that enables users to lend and borrow money, much like a traditional money market. Users can deposit cryptocurrency in a lending pool, for which they receive cTokens representing their stake, and earn interest on the money invested. Users can also use cryptocurrency as collateral to borrow other cryptocurrencies. Owning COMP tokens allows users to participate in the governance of the Compound protocol.
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