Liquity USD (LUSD) Tops 24 Hour Volume of $888,301.65

Liquity USD (LUSD) traded up 0.1% against the US dollar during the twenty-four hour period ending at 22:00 PM ET on July 23rd. One Liquity USD token can currently be bought for $1.00 or 0.00001523 BTC on exchanges. Liquity USD has a market cap of $84.02 million and approximately $888,301.65 worth of Liquity USD was traded on exchanges in the last day. Over the last seven days, Liquity USD has traded down 0.2% against the US dollar.

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

• KILT Protocol (KILT) traded 4.1% lower against the dollar and now trades at $0.19 or 0.00000290 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 2.2% lower 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.
• 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 0.6% against the dollar and now trades at $0.0128 or 0.00000020 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 84,157,432 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 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 GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Liquity USD using one of the aforementioned exchanges.

LUSD/USD price chart by TradingView