Where to Trade Compound (COMP)
Discover the latest Compound cryptocurrency rates across all available markets. This comprehensive guide provides COMP statistics, including price movements, trading volume, performance metrics, and technical ratings based on moving averages, oscillators, and other indicators.
Top Exchanges for COMP Trading
| Trading Pair | Exchange | Price | 24h Change | 24h Volume | Volume Change | High | Low | Trades | Technical Rating |
|---|---|---|---|---|---|---|---|---|---|
| COMP/USDT Perpetual | Binance | 42.52 USDT | −1.09% | 19.07M | −29.48% | 43.39 USDT | 42.50 USDT | 86.74K | Sell |
| COMP/USDT Spot | Binance | 42.56 USDT | −1.05% | 6.64M | −37.41% | 43.43 USDT | 42.55 USDT | 28.68K | Sell |
| COMP/USDT Spot | Phemex | 42.55 USDT | −1.05% | 658.93K | −29.51% | 43.42 USDT | 42.54 USDT | 2.84K | Sell |
| COMP/USDC Perpetual | Coinbase | 42.59 USDC | −0.79% | 632.61K | −58.49% | 43.41 USDC | 42.59 USDC | 677 | Sell |
| COMP/KRW | Bithumb | 58,000 KRW | −0.51% | 126.38K | −52.05% | 59,100 KRW | 58,000 KRW | 376 | Sell |
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Key Market Observations
- Binance dominates COMP liquidity with over 70% of total trading volume
- USDT pairs account for 92% of all COMP transactions
- The perpetual futures market shows 3x more activity than spot trading
- Asian markets (KRW pairs) demonstrate unique price discovery patterns
Technical Analysis Breakdown
Current Market Trends
- COMP shows short-term bearish momentum across all major pairs
- The daily RSI (44) suggests near-oversold conditions
- Moving averages indicate potential support at $41.80
Volume Analysis
- Total 24h volume decreased 38% week-over-week
- Institutional platforms (Coinbase, Bitfinex) show steeper declines than retail exchanges
- Derivatives volume remains healthier than spot markets
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Frequently Asked Questions
Where is the best place to trade COMP?
Binance currently offers the deepest liquidity and tightest spreads for COMP trading, especially for USDT pairs. For institutional traders, Coinbase provides USDC-denominated contracts.
Why are technical ratings consistently "Sell"?
The uniform sell ratings reflect COMP's current downtrend across timeframes. However, traders should consider these as momentum indicators rather than absolute recommendations.
How does COMP's volume compare to other DeFi tokens?
COMP ranks in the top 15 DeFi tokens by liquidity, though its volumes trail market leaders like UNI and AAVE by approximately 60%.
What's driving COMP's price action?
Recent market movements appear correlated with:
- Ethereum network activity
- Changes in Compound protocol utilization
- Broader DeFi sector trends
Are there geographical differences in COMP trading?
Yes. Korean markets (KRW pairs) often trade at premiums during Asian hours, while European traders dominate USD pairs during London sessions.
When is the best time to trade COMP?
Liquidity peaks during:
- 08:00-11:00 UTC (European morning)
- 20:00-23:00 UTC (US afternoon)