BREAKING: Compound’s governance token (COMP) has surged 20.6% in the past 24 hours, trading at $18.86 as of 16:06 UTC on February 13, 2026, according to live market data.
The DeFi protocol’s native token added $31.6 million to its market capitalization, which now stands at $182.8 million, with Compound maintaining its position as the 190th largest cryptocurrency by market cap.
Trading Volume Spikes
The price surge coincided with significant trading activity, with 24-hour volume reaching $97.8 million. COMP touched an intraday high of $19.10 before settling at current levels, representing a substantial recovery from the 24-hour low of $15.24.
The token’s price action shows strong momentum across multiple timeframes, with a 2.8% gain in the past hour and a 10.9% increase over the past seven days. This recovery comes after a challenging 30-day period that saw COMP decline 31.3%.
Recovery from Recent Lows
Notably, COMP recently touched an all-time low of $15.21 on February 6, 2026—just one week ago. The current price of $18.86 represents a 24.6% recovery from that bottom, suggesting potential stabilization in the DeFi governance token.
However, the token remains 97.9% below its all-time high of $910.54, reached on May 12, 2021, during the height of the DeFi summer rally.
Supply Metrics
With 9.67 million COMP tokens in circulation out of a maximum supply of 10 million, approximately 96.7% of the total token supply is already in circulation. The fully diluted valuation stands at $189.1 million, only slightly above the current market cap, indicating minimal future dilution concerns for existing holders.
Market Context
Compound is one of the pioneering protocols in decentralized finance, allowing users to lend and borrow cryptocurrencies without intermediaries. The COMP token grants holders governance rights over the protocol, including voting on parameter changes and upgrades.
The sudden surge in COMP’s price comes amid renewed interest in DeFi protocols, though the specific catalyst for today’s rally remains unclear. Traders should monitor whether this momentum can sustain above the psychological $19 level, which served as recent resistance.
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About the Author: Ananya Melhotra
