Compound Coin Price Prediction 2021, 2022, 2025, 2030

Compound Coin Price Prediction 2021, 2022, 2025, 2030Compound Coin Overview

Project name Compound
Ticker Symbol COMP
Total Supply 10,000,000 COMP
Official website Compound.finance
Based on Decentralized Finance
Launched year  2018
All-time high $193.01 USD
Exchange Platform Coinbase, MXC, FTX, Hotbit, Hoo, Probit Exchange, Poloniex, BiKi
Wallet Coinbase Wallet, Ledger, Metmask

Compound Coin Price Prediction: Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.

When a user deposits tokens to a Compound pool, they receive ctokens in return. These tokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time.

For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset but currently ranges from 50 to 75%.

The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.

Compound Coin Price Prediction 2021, 2022, 2025, 2030

Month & Year COMP Price Prediction
December 2021 $402
January 2022 $469
February 2022 $603
March 2022 $670
April 2022 $736
May 2022 $629
June 2022 $720
July 2022 $736
August 2022 $803
September 2022 $904
October 2022 $937
November 2022 $988
December 2022 $1,038
March 2023 $967
June 2023 $1,001
September 2023 $1,172
December 2023 $1,225
January 2025 $1,975
February 2025 $2,209
March 2025 $2,310
April 2025 $2,343
May 2025 $2,511
July 2025 $3,013
September 2025 $2,745
October 2025 $3,080
November 2025 $3,415
Decemeber 2025 $3,850
January 2030 $6,695
March 2030 $7,365
May 2030 $7,030
July 2030 $7,699
September 2030 $8,034
December 2030 $8,369

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Compound Coin Price Analysis

Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.

The live Compound price today is $358.40 USD with a 24-hour trading volume of $265,463,010 USD. The Compound is down 1.89% in the last 24 hours.

The current CoinMarketCap ranking is #70, with a live market cap of $2,157,196,951 USD. It has a circulating supply of 6,018,895 COMP coins and a max. supply of 10,000,000 COMP coins.

Is Compound a good investment?

No doubt, Compound is a unique crypto coin. According to Compound, the majority of cryptocurrencies sit idle on exchange platforms, doing nothing for their holders. The compound looks to change this with its open lending platform.

The compound platform allows anybody who deposits supported Ethereum tokens to easily earn interest on their balance or take out a secured loan — all in a completely trustless way.

Where to buy Compound Coin?

If you would like to know where to buy Compound, the top exchanges for trading in Compound are currently Binance, Mandala Exchange, OKEx, CoinTiger, and FTX.