Liquity USD (LUSD) Hits Market Capitalization of $71.66 Million

Liquity USD (LUSD) traded down 0.1% against the US dollar during the one day period ending at 12:00 PM E.T. on August 20th. Liquity USD has a market capitalization of $71.66 million and approximately $122,074.38 worth of Liquity USD was traded on exchanges in the last 24 hours. One Liquity USD token can currently be purchased for about $1.00 or 0.00001699 BTC on major cryptocurrency exchanges. Over the last week, Liquity USD has traded down 0.1% against the US dollar.

Here is how other 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.
• 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.
• 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 5.6% higher against the dollar and now trades at $0.0148 or 0.00000025 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 12.4% lower against the dollar and now trades at $0.0464 or 0.00000079 BTC.

Liquity USD Profile

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 71,773,278 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 U.S. dollars. Investors seeking to trade Liquity USD should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase 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