Liquity USD (LUSD) Market Capitalization Tops $70.30 Million

Liquity USD (LUSD) traded up 1.9% against the U.S. dollar during the 24 hour period ending at 16:00 PM ET on September 24th. Liquity USD has a market cap of $70.30 million and $51,785.14 worth of Liquity USD was traded on exchanges in the last 24 hours. One Liquity USD token can currently be purchased for approximately $1.02 or 0.00001584 BTC on exchanges. During the last seven days, Liquity USD has traded up 1.9% against the U.S. dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 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 down 11.6% against the dollar and now trades at $0.0442 or 0.00000069 BTC.
• P2P Solutions foundation (P2PS) traded down 0.9% against the dollar and now trades at $171.31 or 0.00266162 BTC.

Liquity USD Profile

Liquity USD’s genesis date was April 4th, 2021. Liquity USD’s total supply is 68,980,322 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.”

Liquity USD Token Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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