Convert Velodrome Finance VELO to Compound COMP
VELO to COMP: 1 Velodrome Finance converts to 0.0011 COMP as of July 2 at 12:35 PM
About VELO and COMP
Velodrome Finance is climbing, while Compound is falling this week. The current VELO to COMP conversion rate is 0.0011. Inversely, this means that if you convert 1 COMP you will get 938.29 VELO. The conversion rate of VELO/COMP has decreased by 0.16% in the last hour (COMP/VELO increased by 0.16%). In the last 24 hours, VELO/COMP grew by 0.98%, while COMP/VELO shrunk by the same amount.
The exchange rate of Velodrome Finance is increasing. The current value of 1 VELO is 0.0011 COMP. In other words, to buy 5 Velodrome Finance, it would cost you 0.0053 COMP. Inversely, 1 COMP would allow you to trade for 938.29 VELO while 50 COMP would convert to 46,914.41 VELO, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 7.69%. Meanwhile, in the last 24 hours, the rate has changed by 1.01%, which means that the highest exchange rate of 1 VELO to COMP was 0.0011 COMP and the lowest 24 hour value was 1 VELO for 0.0010 COMP. Last month, 1 VELO was worth 0.0013 COMP. Today, it's down 21.16%. Looking back a year, Velodrome Finance has changed by 0.0016 COMP. That means that in a single year, the value of Velodrome Finance has shrank by 51.24%.
Velodrome Finance Market Stats
Velodrome Finance is an automated market maker on Optimism. VELO is the utility token of Velodrome Finance earned by liquidity providers. VELO tokens can be locked in order to participate in governance. Voters are also rewarded with protocol trading fees.
Compound Market Stats
Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol. The protocol is a series of decentralized interest rate markets that allow users to supply and borrow Ethereum tokens at variable interest rates. COMP token holders and their delegates can also debate, propose, and vote on changes to the protocol.