Liquity USD Market Capitalization Tops $109.51 Million (LUSD)

Liquity USD (LUSD) traded up 0% against the US dollar during the 24 hour period ending at 8:00 AM ET on May 6th. Liquity USD has a total market cap of $109.51 million and approximately $3.26 million worth of Liquity USD was traded on exchanges in the last 24 hours. Over the last week, Liquity USD has traded up 0.1% against the US dollar. One Liquity USD token can now be purchased for $1.00 or 0.00001560 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.30 or 0.00000466 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1% lower against the dollar and now trades at $0.0099 or 0.00000015 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Liquity USD

Liquity USD was first traded on April 4th, 2021. Liquity USD’s total supply is 109,515,564 tokens. 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 website is www.liquity.org. 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.”

Liquity USD Token Trading

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

LUSD/USD price chart by TradingView