The current real-time price of COMP3S is $1.274981. In the past 24 hours, COMP3S has traded between $1.178 and $1.314, showing strong market activity. The all-time high of COMP3S is $8.920467, and the all-time low is $0.000062.
From a short-term perspective, the price change of COMP3S over the past 1 hour is , over the past 24 hours is +0.93%, and over the past 7 days is +4.70%. These figures provide a quick overview of the latest price trends and market dynamics of COMP3S on LBank.+23.82%
The live price of COMP3S today is $1.274981, with a current market cap of --. The 24-hour trading volume is 427K. The price of COMP3S to USD is updated in real time.
Before deciding whether to buy or sell COMP3S, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s COMP3S technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for COMP3S.
How much will COMP3S be worth tomorrow, next week, or next month in ? What about your COMP3S assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! COMP3S Price Prediction
Compound is a decentralized finance (DeFi) lending protocol built on the Ethereum blockchain. It enables users to earn interest by depositing cryptocurrencies into liquidity pools or borrow assets by providing collateral. Operating without intermediaries, Compound uses smart contracts to autonomously manage all lending and borrowing operations, making it a foundational project in the DeFi space.
Users supply various cryptocurrencies to Compound's liquidity pools, receiving cTokens (e.g., cETH, cDAI) in return. These cTokens represent their stake and accrue interest. Borrowers can obtain loans by supplying collateral, typically over-collateralizing to mitigate risk. Interest rates for both activities are dynamic, determined algorithmically based on real-time supply and demand for each asset, ensuring efficient capital allocation within the protocol.
COMP is an ERC-20 token serving as the native governance token for the Compound protocol. Holders can propose, debate, and vote on significant changes, such as adjusting interest rates, adding or removing assets, and modifying collateral factors, thereby shaping the platform's future. COMP tokens are also distributed to participants, including lenders and borrowers, as an incentive for actively contributing to the protocol's liquidity and operations.
The security of Compound is a top priority, with comprehensive documentation on security audits and formal verification available. All contract code and balances are publicly verifiable, and security researchers are incentivized through bug bounties. Leading security firms, such as OpenZeppelin and Trail of Bits, have thoroughly audited Compound's smart contracts, demonstrating a commitment to robust security, though no system is entirely risk-free.
Despite security efforts, several risks exist. These include smart contract vulnerabilities that could lead to fund losses, even after audits. Market volatility can trigger liquidations if collateral value drops below a threshold, causing significant user losses. Governance issues, where large token holders might disproportionately influence decisions, also pose a concern. Lastly, the protocol requires some technical understanding, presenting a learning curve for new users.
COMP tokens are available for trading on numerous cryptocurrency exchange platforms. For those looking to acquire COMP, it can be purchased conveniently on LBank. On LBank, COMP tokens can be traded against various other cryptocurrencies and fiat currencies, offering a secure and user-friendly experience for users worldwide.
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