Liquity USD (LUSD) Market Capitalization Achieves $55.39 Million

Liquity USD (LUSD) traded 1.6% lower against the US dollar during the 1-day period ending at 8:00 AM Eastern on January 21st. Liquity USD has a market capitalization of $55.39 million and $142,177.29 worth of Liquity USD was traded on exchanges in the last day. Over the last week, Liquity USD has traded up 1.4% against the US dollar. One Liquity USD token can currently be purchased for about $0.95 or 0.00000910 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower 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.
• 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 (SOLVBTC) traded down 2.3% against the dollar and now trades at $104,253.81 or 0.99582065 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.6% lower against the dollar and now trades at $103,647.21 or 0.99002647 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 58,145,346 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. Liquity USD’s official website 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 currently 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 Coinbase, Gemini or Changelly. 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