Compound price AUD (COMP)
Compound price chart
The below Compound price chart tracks the price of Compound against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
$510.79
- %
Low: $
High: $
$510.79
Low: $
High: $
- %
$2.8B
$58.2M
5.4M COMP
10.0M COMP
What is Compound?
✓DeFi based
✓Community Governance
✓Instant borrowing/lending
The COMP token is the official token used within the Compound protocol. This particular protocol operates within the exponentially flourishing industry of decentralized finance - enabling borrowers and lenders to necessitate their needs without having to conduct through central financial authorities and intermediaries.
The platform is based around the use of smart contracts and the native COMP token provides a ‘decentralized governance’ of the Compound protocol. The users of the platform loan crypto assets whilst staking their own supported crypto as collateral. This can be done without the arduous and prolonged credit checks that exist in the real world - this can be done instantly.
Through holding COMP, token-holders and members of the community can present potential changes to the protocol followed by a subsequent vote and/or implementation of the proposed changes.
How do I buy Compound?
- Deposit funds into your Cointree account using our fast and convenient options.
- Enter the amount of Compound that you would like to buy.
- Confirm your purchase and Compound will be instantly delivered to your Cointree account.
Don't have an account? Click here to get started
Buy Compound
Use the price calculator below to enter the amount of AUD you want to buy in Compound. You can also switch to convert COMP to AUD.
