Liquity USD (LUSD) Market Cap Hits $112.06 Million

Liquity USD (LUSD) traded 0% lower against the U.S. dollar during the twenty-four hour period ending at 8:00 AM Eastern on April 25th. One Liquity USD token can now be bought for approximately $1.00 or 0.00001566 BTC on major cryptocurrency exchanges. Liquity USD has a total market capitalization of $112.06 million and approximately $1.93 million worth of Liquity USD was traded on exchanges in the last 24 hours. In the last seven days, Liquity USD has traded 0% higher against the U.S. dollar.

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

  • KILT Protocol (KILT) traded down 6.5% against the dollar and now trades at $0.32 or 0.00000497 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 2.2% lower 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 up 1.2% 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 up 1.3% against the dollar and now trades at $0.0091 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Token Profile

Liquity USD’s genesis date was April 4th, 2021. Liquity USD’s total supply is 112,048,550 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.”

Liquity USD Token Trading

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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity USD using one of the exchanges listed above.

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