Liquity USD Reaches Market Capitalization of $72.57 Million (LUSD)

Liquity USD (LUSD) traded 0.2% lower against the US dollar during the 1-day period ending at 11:00 AM Eastern on August 11th. In the last week, Liquity USD has traded up 0.2% against the US dollar. Liquity USD has a total market cap of $72.57 million and approximately $201,797.17 worth of Liquity USD was traded on exchanges in the last day. One Liquity USD token can currently be purchased for $1.00 or 0.00001657 BTC on popular cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 down 0.2% against the dollar and now trades at $0.0128 or 0.00000021 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 1% higher against the dollar and now trades at $0.0567 or 0.00000094 BTC.

Liquity USD Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 72,573,405 tokens. Liquity USD’s official website 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 presently possible to buy alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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