Liquity USD (LUSD) Market Capitalization Achieves $72.75 Million

Liquity USD (LUSD) traded up 0.2% against the US dollar during the 1-day period ending at 22:00 PM E.T. on August 10th. Liquity USD has a market capitalization of $72.75 million and $79,029.95 worth of Liquity USD was traded on exchanges in the last day. During the last seven days, Liquity USD has traded 0.2% higher against the US dollar. One Liquity USD token can now be purchased for $1.00 or 0.00001638 BTC on major exchanges.

Here is how related cryptocurrencies have performed during 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 1.9% higher 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 up 1.2% 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 down 4.8% against the dollar and now trades at $0.0534 or 0.00000088 BTC.

Liquity USD Profile

Liquity USD launched on April 4th, 2021. Liquity USD’s total supply is 72,671,024 tokens. Liquity USD’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. Liquity USD’s official website is www.liquity.org. 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 purchase alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to trade Liquity USD should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Liquity USD using one of the exchanges listed above.

LUSD/USD price chart by TradingView