Compound is the native governance token of the Compound Finance protocol, a decentralized lending and borrowing platform operating on the Ethereum blockchain and widely deployed across multiple networks including Polygon, Arbitrum, Avalanche, Base, BNB Chain, and others. COMP functions exclusively as a governance token, giving holders the ability to influence the direction of the protocol rather than serving as a means of payment or a direct claim on protocol revenue. Holders may delegate their voting power to any address they choose, including their own wallet, another user, or a specialized application, and any address receiving delegation can participate in governance regardless of whether it personally owns COMP. Proposals require at least one percent of total COMP delegated to the submitter and may cover parameter changes, risk adjustments, or broader protocol upgrades.
The $148B in DeFi still locked isn't shrinking because AI broke smart contracts — it's shrinking because the attacks are now cheaper, faster, and increasingly aimed at the operational layer around…
When the lead author of the contracts the space audits itself against tells you to leave Aave, MakerDAO, and Compound too, the warning is structural — not protocol-specific.
The 10-month-old bag — bought before the cycle peak, held through the drawdown, and finally handed to Binance — is the kind of forced selling that turns into a sentiment data point for every DeFi…
The Compound Governance Token is a governance token on the Compound Finance lending protocol, COMP allows the owner to delegate voting rights to the address of their choice; the owner’s wallet, another user, an application, or a DeFi expert.
Compound (COMP) is categorised as: Decentralized Finance (DeFi), Yield Farming, BNB Chain Ecosystem.
The official Compound site is https://compound.finance/.
Most recent Compound coverage: "DeFi TVL drops to $148B as AI agents drive $1.1B exploit year" — read at /en-US/a/openzeppelin-co-founder-exit-defi-now-as-ai-supercharges.
CryptoSlate
TheBlock
Lookonchain
