Compound (COMP)
Unlock Schedule
Compound (COMP) Token Unlock & Vesting Schedule
As of October 17, 2026, 10 million of the 10 million COMP (100.00%) have been released. No further releases are scheduled; the schedule was fully unlocked on April 16, 2020.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
How COMP is used and distributed
COMP is an Ethereum ERC-20 token with a total supply of 10 million tokens. Its main function is governance. A holder can delegate votes to their own address or to someone else, allowing that delegate to vote while the holder keeps the tokens. Governance proposals can change market settings, add assets, or direct other protocol actions. (medium.com)
At the start of community governance, Compound set aside 4,229,949 COMP for protocol users and 775,000 for other community-governance purposes. It allocated 2,396,307 to Compound Labs shareholders, 2,226,037 to founders and team members, and 372,707 to future team members. A later distribution update brought the amount designated for the community to 5,004,949 COMP. These figures describe the original allocation and its early update, rather than a promise of rewards from every market. (medium.com)
COMP rewards have been used to encourage supplying and borrowing. Their allocation is set through governance and can differ by market and activity. This gives the token two related roles: rewarding some protocol participation and giving holders a way to shape the rules under which the markets operate. Interest earned by a Compound III base-asset supplier is accounted for in that supplied asset, separately from any token reward. (compound.finance)
Assumptions
All 10 million COMP tokens were created at launch; later releases distribute or unlock those existing tokens. Compound documents allocations to shareholders, team members, protocol users and community programs, but the reviewed sources do not provide a complete dated history of user payments or team vesting. The chart can show the genesis mint and the dated Foundation tranches, whose token amounts are price-based estimates; undated budgets remain identified without invented release dates. Governance can still direct treasury distributions, so there is no established date when all releases end.
- Founders and existing team: The sources give the amount but no release dates.
- Future team members: Releases depend on recipients claiming tokens or on grants being awarded.
- Protocol-user COMP incentives: The sources give the amount but no release dates.
- Protocol-user COMP incentives: Releases depend on future governance or treasury decisions.
- Coinbase Earn community program: Releases depend on recipients claiming tokens or on grants being awarded.
- Community allocation transferred to Reservoir: Releases depend on future governance or treasury decisions.
- Compound Grants Program pilot: Releases depend on recipients claiming tokens or on grants being awarded.
- Compound Foundation funding under executed Proposal 448: The sources give the amount but no release dates.
- 1. https://github.com/compound-finance/compound-protocol/blob/master/contracts/Governance/Comp.sol
- 2. https://etherscan.io/token/0xc00e94cb662c3520282e6f5717214004a7f26888
- 3. https://www.codeslaw.app/contracts/ethereum/0xc00e94cb662c3520282e6f5717214004a7f26888?file=Comp.sol&start=158
- 4. https://medium.com/compound-finance/compound-governance-decentralized-b18659f811e0
- 5. https://medium.com/compound-finance/compound-community-ownership-ee0ed1252cc3
- 6. https://medium.com/compound-finance/comp-governance-distribution-update-f371c1cb9ca1
- 7. https://docs.compound.finance/v2/comptroller/
- 8. https://www.comp.xyz/t/compound-grants-program/1292
- 9. https://www.comp.xyz/t/cgp-2-0-delegated-domain-allocation-by-questbook/3352?page=3
- 10. https://www.comp.xyz/t/remove-ccomp-borrow-cap/1903/18
- 11. https://www.tally.xyz/gov/compound/proposal/448?govId=eip155:1:0x309a862bbC1A00e45506cB8A802D1ff10004c8C0
- 12. https://www.comp.xyz/t/foundation-creation-proposal-review/6874
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 3 markets on Binance, OKX and Hyperliquid · $6.2M open interest
HTX (CEX) | 814K | 1.3K/1.2K |
Binance (CEX) | 478K | 96K/102K |
KuCoin (CEX) | 261K | 16K/47K |
OKX (CEX) | 161K | 66K/65K |
![]() Coinbase (CEX) | 114K | 87K/78K |
Bybit (CEX) | 109K | 63K/59K |
Kraken (CEX) | 79K | 66K/66K |
Kraken (CEX) | 77K | 72K/111K |
![]() MEXC (CEX) | 67K | 38K/44K |
Binance (CEX) | 28K | 7.2K/6.2K |
Bitget (CEX) | 24K | 40K/38K |
Gate.io (CEX) | 17K | 74K/85K |
Binance (CEX) | 4.4K | 2.3K/2.5K |
Uniswap V2 (Ethereum) | 3K | 3K/3K |
OKX (CEX) | 1.8K | 12K/14K |
Kraken (CEX) | 1.7K | 3.8K/2.4K |
Uniswap V3 (Base) | 383 | 808/806 |
![]() Pancakeswap V2 (BNB) | 270 | 320/319 |
![]() Aerodrome V2 (Base) | 85 | 151/150 |
![]() Pancakeswap V3 (BNB) | 22 | 132/131 |
Uniswap V3 (Arbitrum) | 13 | 35/35 |
Uniswap V3 (Ethereum) | 2.3 | 28K/28K |
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.
Description
#172
Compound is a DeFi protocol that allows users to lend and borrow crypto assets on the Ethereum blockchain. It uses smart contracts to create liquidity pools and to distribute interest and COMP tokens to lenders and borrowers.
| Sector: | Lending |
| Blockchain: | Ethereum |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Perpetuals: 3 markets on Binance, OKX and Hyperliquid · $6.2M open interest
HTX (CEX) | 814K | 1.3K/1.2K |
Binance (CEX) | 478K | 96K/102K |
KuCoin (CEX) | 261K | 16K/47K |
OKX (CEX) | 161K | 66K/65K |
![]() Coinbase (CEX) | 114K | 87K/78K |
Bybit (CEX) | 109K | 63K/59K |
Kraken (CEX) | 79K | 66K/66K |
Kraken (CEX) | 77K | 72K/111K |
![]() MEXC (CEX) | 67K | 38K/44K |
Binance (CEX) | 28K | 7.2K/6.2K |
Bitget (CEX) | 24K | 40K/38K |
Gate.io (CEX) | 17K | 74K/85K |
Binance (CEX) | 4.4K | 2.3K/2.5K |
Uniswap V2 (Ethereum) | 3K | 3K/3K |
OKX (CEX) | 1.8K | 12K/14K |
Kraken (CEX) | 1.7K | 3.8K/2.4K |
Uniswap V3 (Base) | 383 | 808/806 |
![]() Pancakeswap V2 (BNB) | 270 | 320/319 |
![]() Aerodrome V2 (Base) | 85 | 151/150 |
![]() Pancakeswap V3 (BNB) | 22 | 132/131 |
Uniswap V3 (Arbitrum) | 13 | 35/35 |
Uniswap V3 (Ethereum) | 2.3 | 28K/28K |



