#46 In General #24 In DeFi #16 In ETH

Compound (COMP) ETH Protocol Dapp DeFi

Compound (COMP) ETH Protocol
Dapp DeFi

Compound is considered to be a second application on Ethereum by size. It’s an open-source, autonomous protocol that is created for developers and reveals new financial applications, so take advantage of this open financial system.

Compound Social Profiles:

Compound Social Profiles:

Looking at the Compound token in the period of 30 days, it’s evident that the COMP price, standing at $66.70, has decreased compared to the previous period. The Market Cap is $474.7M with a -47.69% change, which, in comparison, signals loss of the token’s general market value.

The Current TVL metric in the 7-day period shows that COMP token has $3.9B stacked & locked in its smart contracts, with a -16.72% drop. Finally, Compound token’s CAP/TVL Ratio is showing decrease with a -0.22% fluctuation, and it signals whether the token is going to be a rewarding long term asset or not.

All these metrics give you informative signals on how valuable the Compound & the COMP token actually is, and how it performs in the current market.

Compound (COMP) dApp Analysis

Get the most important Compound dApp metrics at your fingertips - analyze the in-depth charts below, evaluate dApp’s activity in different time periods & make fast, accurate decisions!

Compound DAPP Technical Analysis

Compound dApp is a crypto asset from the DeFi category built on the Ethereum protocol. Now it’s ranked as #46 in general dApp rankings according to the user count, and #24 in the DeFi category, which gives you a good idea of how Compound dApp performs among its competitors.

By analyzing Compound dApp data in the last 30-day window, it’s evident that the dApp’s Balance is $2.2B, and the Volume is bullish with $455.8M. Compound has generated 6.4K Transactions with a 34.39% rise in the 30-day period. Clearly, the Volume has been growing by 1.11% in comparison to the previous 7-day period. The data of the last 7 days show that the Compound user base is 4.6K & has been decreasing by -0.71%.

We also recommend taking a look at the Compound Activity Overview & Balance of Smart Contracts graphs to see how these important metrics fluctuate & change over time.