Liquity USD (LUSD) Market Capitalization Achieves $69.36 Million

Liquity USD (LUSD) traded 0.2% lower against the US dollar during the 1 day period ending at 10:00 AM Eastern on September 27th. One Liquity USD token can currently be bought for about $1.00 or 0.00001508 BTC on major cryptocurrency exchanges. During the last seven days, Liquity USD has traded down 0.1% against the US dollar. Liquity USD has a total market cap of $69.36 million and $61,967.67 worth of Liquity USD was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed during 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 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% 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 3% against the dollar and now trades at $0.0487 or 0.00000074 BTC.
• P2P Solutions foundation (P2PS) traded up 2.1% against the dollar and now trades at $174.15 or 0.00262436 BTC.

Liquity USD Token Profile

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 69,320,508 tokens. The official website for Liquity USD is www.liquity.org. 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.

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 possible to buy alternative cryptocurrencies such as Liquity USD directly using U.S. dollars. Investors seeking to trade Liquity USD should first buy Bitcoin or Ethereum using an exchange that deals in U.S. 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.

LUSD/USD price chart by TradingView