Liquity USD Market Capitalization Hits $111.42 Million (LUSD)

Liquity USD (LUSD) traded 0.1% lower against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on April 29th. In the last week, Liquity USD has traded 0.2% lower against the U.S. dollar. Liquity USD has a market cap of $111.42 million and approximately $246,000.36 worth of Liquity USD was traded on exchanges in the last day. One Liquity USD token can currently be bought for approximately $1.00 or 0.00001600 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 1.4% lower against the dollar and now trades at $0.30 or 0.00000473 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded up 119,179,546.1% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1.5% against the dollar and now trades at $0.0095 or 0.00000015 BTC.

Liquity USD Token Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 111,626,321 tokens. The official website for Liquity USD is www.liquity.org. The Reddit community for Liquity USD is https://reddit.com/r/liquity and the currency’s Github account can be viewed here. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to draw interest-free loans against Ether used as collateral. Loans are paid out in LUSD (a USD pegged stablecoin) and need to maintain a minimum collateral ratio of 110%.
In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort.”

Buying and Selling Liquity USD

It is usually not presently possible to buy alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity USD using one of the exchanges listed above.

LUSD/USD price chart by TradingView