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Compound
(COMP)

Compound is a lending protocol, while COMP is its governance token. COMP is an ERC-20 asset, not a native coin securing a Compound blockchain. It differs from a market's supplied base asset and from receipt tokens representing deposits or other lending positions.

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What is Compound?

Compound is a lending protocol, while COMP is its governance token. COMP is an ERC-20 asset, not a native coin securing a Compound blockchain. It differs from a market's supplied base asset and from receipt tokens representing deposits or other lending positions.

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Answer sources checked

20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.

How does Compound work?

Compound contracts manage borrowing, collateral and interest according to each market's rules. COMP holders and delegates govern changes through proposals and timelocks. Compound III's base-asset lending design differs from simply holding COMP, and deployments on other chains still depend on their host networks.

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Who created Compound?

What is Compound used for?

COMP is used to delegate votes and participate in governance of Compound markets. Some markets distribute protocol rewards under configured rules, but that is different from interest on supplied assets. Buying COMP alone does not supply collateral, create a loan or automatically accrue lending interest.

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Where can you buy Compound?

Look for a platform that explicitly supports COMP trading and withdrawals for your residence and account. Verify its official token and network instructions rather than using this site's matrix as listing evidence. Compound lending-market availability is not itself evidence of a fiat COMP purchase route.

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Compound exchange reference guides

Before you buy

No unexpired public-catalogue observation is available in this saved guide. This is not a delisting claim or proof that earlier observations were incorrect. Confirm the exact asset, trading access and withdrawal network through the provider before buying. All exchange checklists remain available at the end of this guide.

How to buy Compound

Plan your purchase

How much Compound?

Compound reference estimate
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USD per COMP--Fetching a recent market price...CoinGecko
Estimated COMP--No estimate yet

Waiting for a fresh reference price.

Before fees and spread. Rounded display, not network precision or an exchange minimum. This is an estimate, not an exchange order quote.

Can you buy a fraction of Compound?

Yes, COMP supports fractional ownership, with 18 decimals defined in the official token contract. Exchanges can enforce larger minimum orders and coarser trading increments. Check withdrawal minimums and total charges rather than assuming the smallest contract unit can be bought or moved economically.

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How much does it cost to buy Compound?

Your cost includes the COMP order plus spread and any trading, payment or withdrawal fees. Wallet transfers and swap approvals add host-chain gas; borrowing and reward-claim transactions can add further expenses. These are different from a Compound lending market's interest rate.

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Is Compound a good investment?

COMP has token-price, governance and liquidity risks, while use of Compound markets introduces contract, oracle and liquidation exposures. Governance can change parameters or pause functions, and rewards are not guaranteed income. Buying COMP does not create an insured deposit. This is not financial advice.

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Compare two order previews

Compare COMP received

Use COMP credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.

Order preview amounts

Preview A

Preview B

Which quote delivers more COMP?

Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.

Compound wallets & storage

How can you store Compound securely?

Protect COMP private keys and keep spending approvals limited to contracts you understand. The token contract separates transfers, allowances and vote delegation, so a voting action is not permission for an unknown spender to take tokens. Custodial storage adds the provider's access and counterparty risks.

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Sending & cashing out Compound

Match your networks

For COMP, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.

Compound sending and receiving networks
Enter both network names

Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.

How do you send Compound to another wallet?

Send COMP only through the network and contract accepted by the recipient. Review the destination, amount and host-chain gas balance. A Compound market deposit is a contract interaction with separate instructions, not an ordinary transfer to any address displaying the Compound name.

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How long does a Compound transfer take?

COMP transfer timing follows its host network and any custodian's deposit policy. Governance voting delays or timelock execution are different from an ordinary token transfer. Check the actual transaction receipt and whether the sending platform has broadcast it before attributing a delay to Compound.

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How much does it cost to send Compound?

COMP transfers consume the host network's gas, not a native Compound-chain fee. On Ethereum, keep ETH for the transaction and review a live estimate. Exchange withdrawal charges, approvals and reward claims can add costs separate from sending COMP between wallets.

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Can you cash out Compound for real money?

Cashing out requires a service accepting your COMP representation and supporting sale plus fiat withdrawal for your account. If tokens are inside another contract, follow its withdrawal rules first. Converting COMP to a stablecoin is not the same as a bank payout.

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Is Compound traceable?

COMP transfers, allowances and vote-delegation events are public on the host chain. The official contract records balance changes and governance checkpoints, which can connect activity across time. An address is not automatically a real-world name, but exchange records or public disclosures can add that connection.

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Supply, mining & staking

What is the maximum supply of Compound?

The official COMP contract defines a total supply of 10 million tokens and 18-decimal accounting. That contract total is different from circulating or available market supply. Reward distribution moves allocated tokens; it should not be confused with an unlimited proof-of-work issuance process.

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Can you mine Compound?

No, COMP is not mined through proof of work. It is an issued governance token, and protocol reward distributions follow market configuration. Calling a lending incentive liquidity mining does not mean hardware secures a Compound chain or that owning COMP guarantees rewards.

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Can you stake Compound?

COMP vote delegation is not native proof-of-stake consensus staking. Compound distributes configured rewards and pays interest on eligible supplied base assets, which are different activities. A third-party COMP earn or staking product needs separate checks of custody, contract risk and the source of its yield.

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