Liquity USD Market Capitalization Reaches $66.87 Million (LUSD)

Liquity USD (LUSD) traded 0.3% lower against the dollar during the 24-hour period ending at 8:00 AM E.T. on November 26th. Liquity USD has a market capitalization of $66.87 million and approximately $234,041.18 worth of Liquity USD was traded on exchanges in the last 24 hours. Over the last week, Liquity USD has traded 0.1% higher against the dollar. One Liquity USD token can currently be purchased for $1.00 or 0.00001085 BTC on popular cryptocurrency exchanges.

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

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.9% against the dollar and now trades at $91,957.80 or 0.99964907 BTC.
• SolvBTC (SOLVBTC) traded down 6.1% against the dollar and now trades at $91,921.40 or 0.99925343 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 66,977,500 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The Reddit community for Liquity USD is https://reddit.com/r/liquity and the currency’s Github account can be viewed here. The official website for Liquity USD is www.liquity.org.

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 currently possible to purchase alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to trade Liquity USD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Liquity USD using one of the exchanges listed above.

LUSD/USD price chart by TradingView