risk managerGauntletcomp.xyz
↓Compound Treasury Consolidation: Sources, Methodology and Framework
COMP reserves from v2 deprecation are withdrawn for funding allocation.
Overview
Compound(COMP)
Token Price$17.21
24h Change-4.92%
All Time HighMay 12, 2021$854.45
All Time LowFeb 6, 2026$15.21
Key Metrics
Market Cap$166.36m
Fully Diluted Valuation$172.07m
Circ. Supply9.67m COMP
Max Supply10m COMP
Outstanding FDV$172.07m
Volume 24h$17.88m
CEX Volume$11.4m
DEX Volume$18.47m
Token Liquidity$6.21m
Uniswap V3 · Ethereum$5.81m
Uniswap V2 · Ethereum$211,888
SushiSwap · Ethereum$172,150
Uniswap V3 · Arbitrum$17,014
Treasury$5.77m
Majors$5.51m
Stablecoins$134,481
Own Tokens$119,884
Others$6,433
Income Statement for Compound Finance
| Q2 2026* | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $3.92M | $6.27M | $11.38M | $15.19M | $10.09M | $8.81M | $3.88M | $3.52M | $7.11M | $10.74M | $8.60M | $6.97M | $4.99M | $5.73M | $5.22M | $5.65M | $16.32M | $41.46M | $89.86M | $77.53M | $96.01M | $89.25M | $20.70M | $12.47M | $2.68M | $696.97K | $861.01K | $1.44M | $113.02K |
| Borrow Interest | $3.92M | $6.27M | $11.38M | $15.19M | $10.09M | $8.81M | $3.88M | $3.52M | $7.11M | $10.74M | $8.60M | $6.97M | $4.99M | $5.73M | $5.22M | $5.65M | $16.32M | $41.46M | $89.86M | $77.53M | $96.01M | $89.25M | $20.70M | $12.47M | $2.68M | $696.97K | $861.01K | $1.44M | $113.02K |
Cost of Revenue | $3.79M | $5.61M | $10.32M | $14.75M | $9.84M | $8.22M | $3.22M | $2.84M | $5.45M | $7.86M | $6.58M | $6.09M | $4.48M | $5.13M | $4.67M | $5.03M | $14.51M | $36.64M | $79.84M | $68.52M | $85.15M | $78.66M | $18.84M | $11.23M | $2.12M | $655.68K | $796.91K | $1.30M | $101.72K |
| Borrow Interest | $3.79M | $5.61M | $10.32M | $14.75M | $9.84M | $8.22M | $3.22M | $2.84M | $5.45M | $7.86M | $6.58M | $6.09M | $4.48M | $5.13M | $4.67M | $5.03M | $14.51M | $36.64M | $79.84M | $68.52M | $85.15M | $78.66M | $18.84M | $11.23M | $2.12M | $655.68K | $796.91K | $1.30M | $101.72K |
Gross Profit | $130.05K | $660.49K | $1.06M | $439.80K | $252.63K | $594.14K | $660.77K | $687.03K | $1.66M | $2.88M | $2.01M | $878.15K | $507.88K | $597.90K | $555.86K | $621.32K | $1.80M | $4.82M | $10.01M | $9.01M | $10.85M | $10.59M | $1.85M | $1.23M | $565.13K | $41.29K | $64.09K | $138.37K | $11.30K |
| Borrow Interest | $130.05K | $660.49K | $1.35M | $439.80K | $252.63K | $594.14K | $660.77K | $687.03K | $1.66M | $2.88M | $2.01M | $878.15K | $507.88K | $597.90K | $555.86K | $621.32K | $1.80M | $4.82M | $10.01M | $9.01M | $10.85M | $10.59M | $1.85M | $1.23M | $565.13K | $41.29K | $64.09K | $138.37K | $11.30K |
Incentives | $0 | $0 | $0 | $0 | $0 | $60.30 | $0 | $0 | $13.79M | $0 | $26.81M | $32.02M | $0 | $15.50M | $14.32M | $0 | $54.65M | $0 | $129.94M | $88.87M | $87.96M | $116.23M | $31.78M | $43.57M | $11.73M | $0 | $0 | $0 | $0 |
| Liquidity Mining | $0 | $60.30 | $13.79M | $26.81M | $32.02M | $15.50M | $14.32M | $0 | $54.65M | $129.94M | $88.87M | $87.96M | $116.23M | $31.78M | $43.57M | $11.73M | |||||||||||||
Earnings | $130.05K | $660.49K | $1.06M | $439.80K | $252.63K | $594.08K | $660.77K | $687.03K | -$12.12M | $2.88M | -$24.79M | -$31.14M | $507.88K | -$14.91M | -$13.76M | $621.32K | -$52.84M | $4.82M | -$119.93M | -$79.85M | -$77.10M | -$105.64M | -$29.92M | -$42.33M | -$11.17M | $41.29K | $64.09K | $138.37K | $11.30K |
Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Risks
How much debt can be issued against COMP as collateral across lending protocols.
Maximum possible exposure to COMP
$1.44m
$332.47 (max additional borrows against COMP) + $1.44m (bad debt if COMP was hacked now)
Compound V3
$1.44m at-risk exposure = $1.44m bad debt if hacked + $231.9 additional borrowable against COMP
Morpho V1
$996.91 at-risk exposure = $896.35 bad debt if hacked + $100.56 additional borrowable against COMP
Methodology and limitations
Showing collateral exposure for COMP on Ethereum. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.
- These metrics describe lending exposure only and are not a full protocol risk rating.
- This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
- Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Show exposure details
Each row is one protocol-chain exposure for COMP as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
COMP0xc00e94cb662c3520282e6f5717214004a7f26888 | $231.9 | $1.44m | ||
COMP0xc00e94cb662c3520282e6f5717214004a7f26888 | $100.56 | $896.35 |
Risk Timeline
Risk-management actions published about COMP by tracked risk managers and governance contributors, newest first.
contributor@bryancolligancomp.xyz
→Revoke COMP delegation from Avantgarde Yield Strategy to Compound Foundation
The Avantgarde Yield Strategy holds DAO-owned COMP delegated to the Compound Foundation, creating circular governance risk as the Foundation may seek treasury funds while wielding DAO-influenced voting power. Revoking this delegation avoids governance capture and preserves decentralization without affecting strategy returns.
contributor@Compound_Foundationcomp.xyz
→Creation of Ecosystem Protection and Continuity Fund (EPCF)
The proposal allocates $5M USDC from the COMP Treasury to a time-limited fund managed by the Compound Foundation, enabling rapid responses to ecosystem threats like de-pegs, governance attacks, or regulatory disruptions that could impair protocol operations or participants.
contributor@ugur_api3forum.morpho.org
↑Kabu USDC: Expanding Collateral Options on Morpho
COMP has strong liquidity and borrowing demand but lacks established lending venues due to liquidation risks in volatile conditions. Kabu USDC enables COMP as collateral against USDC using Api3’s OEV infrastructure for precise oracle updates during market events and Morpho’s partial liquidation design to handle execution risks gracefully.
contributor@AlphaGrowthcomp.xyz
↑COMP Buyback Strategy on Arbitrum with Nerite, Steer, Yearn
COMP liquidity on Arbitrum is thin, with 10% price impact on $6k trades, limiting utility outside Ethereum mainnet. The strategy deposits COMP as collateral in Nerite to mint USND for LP on Uniswap v4, capturing fees to buy back COMP and build deeper liquidity, with Steer automating LTV monitoring to manage leverage risks.
contributor@AranaDigitalcomp.xyz
→Compound Delegate Race Cycle 2
Quorum margins declined after revoking a major COMP holder's delegations, increasing vulnerability to malicious proposals; Cycle 2 aims to delegate 250,000 COMP to active participants to restore reliable governance participation and prevent quorum failures.
contributor@dmitriywoofsoftwarecomp.xyz
→Chainlink SVR and CAPO Updates for USDC Mainnet Price Feeds
COMP price feed is updated to Chainlink SVR to support improved liquidation efficiency in the USDC Mainnet market, following its reliable performance in recent market stress.
risk managerGauntletcomp.xyz
↑Risk Parameter and Supply Cap Recommendations for Mainnet USDC and USDT Comets
COMP has experienced high supply cap usage but minimal liquidations—fewer than $40,000 total over the past year with an average of $2,000 per event—and no bad debt, supported by sufficient DEX liquidity to handle increased supply without excessive slippage.
contributor@dmitriywoofsoftwarecomp.xyz
→Chainlink SVR and CAPO oracle upgrades for USDT Mainnet
COMP price feed transitions to Chainlink SVR via OEV, providing stronger safeguards against oracle exploits in its USD-denominated feed.
contributor@AlphaGrowthcomp.xyz
↑Add ETH Market on Unichain
Uniswap DAO's incentives have boosted Unichain liquidity by over $300M, creating an opportunity for Compound V3 to expand. Adding COMP as collateral aligns with Compound's native token to enhance market utility.
Markets
Token Rights and Value Accrual
Updated Feb 23, 2026Overview
- Token(s)
- COMP
- Token Type
- Governance
- Utility
- N/A
COMP is the governance token of Compound Finance
Governance Rights
ControlCOMP token holders and their delegates can propose and vote on all changes to the protocol. Any address can lock 100 COMP to create a proposal, which becomes a governance proposal after being delegated 25,000 COMP. Governance controls withdrawal of protocol reserves and sets reserve factors
Governance Decisions
COMP
Treasury Decisions
COMP
Revenue Decisions
COMP
Governance can propose and vote on changes to fee structures or revenue parameters, such as interest rates or risk factors that influence protocol revenue
Fee Switch
OFFResources
Community multisig
0xbbf3f1421D886E9b2c5D716B5192aC998af2012c
Economic Rights
Value CapturecToken reserve factor on interest accrues to market reserves, which are governance controlled
Buybacks
N/ADividends
N/ANo dividend or revenue distribution is currently active
Burns
N/ANo burn mechanism is currently active
Ownership
- Equity Revenue Capture
- Unknown
- Associated Entities
- LabsFoundationDAO
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Unlocks
An is required to view token unlocks.
Yields
Tracking 9 pools, average APY 6.35%
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabCOMPUSDT-pool | $1.78m | 0% | 0% | ||||||
| open in new tabCOMPUSDC-pool | $1.78m | 0% | 0% | ||||||
| open in new tabCOMP-WETH1% | $1.11m | 0% | 0% | 0% | |||||
| open in new tabCOMP-WETH0.3% | $1.08m | 0.17% | 0.17% | 0.13% | |||||
| open in new tabCOMP | $250,679 | 0% | 0% | 0% | |||||
| open in new tabAAVE-COMP1.00% | $232,382 | 17.48% | 17.48% | 98.68% | |||||
| open in new tabCOMP-WETH | $111,591 | 8.03% | 8.03% | 5.49% | |||||
| open in new tabCOMP-WETH | $70,425 | 4.87% | 4.87% | 3.22% | |||||
| open in new tabUSDT-COMP | $11,006 | 1.21% | 0.64% | 0.58% | 1.21% |
Borrow
Showing 10 of 64 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabCOMP âžž WBTC | $279.53m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WBTC | $279.53m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WBTC | $102.72m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WBTC | $102.72m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WETH | $97.85m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WETH | $97.85m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WSTETH | $52.56m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WSTETH | $52.56m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WETH | $52.27m | 0% | 0% | 0% | 50% | $1.78m | |||
| open in new tabCOMP âžž WETH | $52.27m | 0% | 0% | 0% | 50% | $1.78m |
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