Liquity USD Market Cap Reaches $111.81 Million (LUSD)

Liquity USD (LUSD) traded 0% lower against the dollar during the 1-day period ending at 20:00 PM E.T. on April 20th. One Liquity USD token can currently be purchased for $1.00 or 0.00001544 BTC on cryptocurrency exchanges. Liquity USD has a total market cap of $111.81 million and $1.25 million worth of Liquity USD was traded on exchanges in the last day. Over the last seven days, Liquity USD has traded down 0% against the dollar.

Here’s how other cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded up 1.2% against the dollar and now trades at $0.34 or 0.00000521 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 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0088 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity USD Profile

Liquity USD’s genesis date was April 4th, 2021. Liquity USD’s total supply is 111,903,724 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.”

Buying and Selling Liquity USD

It is usually not presently 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 Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Liquity USD using one of the aforementioned exchanges.

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