Compound

Today's state: Compound is trading at $17.29 with a $0.2 billion market capitalization (rank #188). The price moved +3.29% over the past 24 hours and is -12.45% over 7 days; the 30-day move stands at +0.00% and the 90-day at +2.19%.

Position vs cycle: A drawdown of more than 70% from the last cycle high puts the asset firmly in deep-bear territory, where recoveries have historically required a fresh demand catalyst rather than mere mean-reversion.

Volatility and structure: 30-day realized volatility of 63.5% annualized is high for an asset this size. Our composite multi-horizon Price Strength reads Bearish (39/100), against a weakening multi-horizon backdrop with cumulative pressure across 30/90-day windows.

To place COMP in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.45 — a moderate positive relationship.
• Ethereum reference: +0.43 — a moderate positive relationship.
• Solana reference: +0.37 — a weak positive relationship.

When an asset correlates strongly with multiple majors, it is trading largely as market beta — the big caps set the direction and standalone outperformance is elusive. Weak or negative correlations instead signal idiosyncratic forces (its own news, sector rotation, narrative changes) capable of producing returns the broader market does not share.

Compound (COMP) is a cryptocurrency, traded on global digital-asset markets. It trades at $17.29 as of the latest update, with a 24-hour move up 3.29%, placing it at rank #188 by market capitalisation among all listed digital assets. Compound's current market cap stands at $163.71M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Compound across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Compound gives holders governance over one of the established DeFi protocols. Token value depends on protocol revenue, TVL, user growth, and the credibility of the governance process. Treat the token as equity in the protocol.

Compound (COMP) is a mid-cap asset in the broad top 250, ranked #188 among all tracked tokens by capitalisation. About 95% of the maximum COMP supply is in circulation today (9.47M of 10.00M), leaving a moderate emission stream still to come. It currently trades about 98% below its all-time high of $913.49 set in May 2021.

Compound is a DeFi governance token: ownership of the token confers voting rights over the underlying protocol's parameters (fees, listed assets, treasury allocation) and, in some cases, a share of protocol revenue. The value of the token tracks the protocol's utility and revenue — not the price of any underlying asset.

Compound (COMP) is a mid-cap asset in the broad top 250, ranked #188 among all tracked tokens by capitalisation. About 95% of the maximum COMP supply is in circulation today (9.47M of 10.00M), leaving a moderate emission stream still to come. It currently trades about 98% below its all-time high of $913.49 set in May 2021.

Primary use cases: governance participation (voting on parameter changes), fee-sharing or rebates in protocols that distribute revenue to stakers, collateral on lending markets (for the major tokens), and exposure to the underlying protocol's growth.

Daily volume runs at about 4.8% of market capitalisation ($7.86M in the last 24 hours), in the normal band for a coin of this size and supportive of orderly entries and exits.

To read Compound's tokenomics, look at the issuance schedule, the share of supply already in circulation, and the gap between market cap and fully-diluted valuation. At 94.7% of maximum supply already issued, the remaining issuance is a relatively small fraction of total potential supply. Sell pressure from future issuance is therefore limited. The fully diluted valuation (FDV) of $0.2 billion stands at 1.1× the current circulating market cap of $0.2 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

For thesis-building, the relevant question is whether the structural value-accrual mechanism (fee burns, staking-yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

What sets the macro tone for crypto is the cost and availability of money: where the Fed is steering policy rates, whether dollar liquidity is expanding or draining, and how much risk the market is willing to carry. The asset class has behaved like the high-beta tail of that cycle — first to rally as conditions ease, first to crack when they tighten.

A handful of traditional gauges tend to lead or confirm crypto moves: the dollar index (strength is a headwind), the 10-year yield (the price of risk capital), gold (an occasional fellow-traveller in debasement trades), and the S&P 500 (which often moves with crypto when liquidity, not fundamentals, is in the driver's seat).

For Compound specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, COMP tends to follow; when they contract, the relationship typically reverses. Given the 90-day BTC correlation of +0.45, COMP's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

Specific risks: protocol exploit risk (a flaw in the smart contracts can wipe out treasury and dilute the token), governance attacks (hostile actors acquiring voting power), revenue dependence on broader DeFi activity (cyclical), competitive pressure from rival protocols, and regulatory ambiguity around governance-token classification.