Liquity USD Achieves Market Capitalization of $71.61 Million (LUSD)

Liquity USD (LUSD) traded down 0% against the US dollar during the 1-day period ending at 0:00 AM Eastern on August 17th. One Liquity USD token can currently be purchased for approximately $1.00 or 0.00001680 BTC on major cryptocurrency exchanges. In the last week, Liquity USD has traded down 0.2% against the US dollar. Liquity USD has a total market cap of $71.61 million and $76,226.76 worth of Liquity USD was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in 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.
• Kitty Inu (KITTY) traded up 1.9% 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.
• 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 0.4% lower against the dollar and now trades at $0.0136 or 0.00000023 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 10.2% higher against the dollar and now trades at $0.0530 or 0.00000089 BTC.

Liquity USD Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 71,729,677 tokens and its circulating supply is 71,729,925 tokens. The official website for Liquity USD is www.liquity.org. 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.

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 buy alternative cryptocurrencies such as Liquity USD directly using U.S. dollars. Investors seeking to acquire Liquity USD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. 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