Liquity USD Reaches Market Cap of $69.61 Million (LUSD)

Liquity USD (LUSD) traded down 0.5% against the U.S. dollar during the 24-hour period ending at 18:00 PM ET on October 15th. One Liquity USD token can now be bought for $1.00 or 0.00001499 BTC on popular exchanges. Liquity USD has a total market cap of $69.61 million and $123,639.33 worth of Liquity USD was traded on exchanges in the last 24 hours. Over the last week, Liquity USD has traded up 0.3% against the U.S. dollar.

Here is how related cryptocurrencies have performed over 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 2.2% lower 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 11.6% lower against the dollar and now trades at $0.0457 or 0.00000069 BTC.
• P2P Solutions foundation (P2PS) traded 1.2% lower against the dollar and now trades at $168.16 or 0.00251692 BTC.

Liquity USD Profile

Liquity USD was first traded on April 4th, 2021. Liquity USD’s total supply is 69,512,193 tokens. 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 Twitter account is @liquityprotocol and its Facebook page is accessible here. The official website for Liquity USD 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 presently possible to buy alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to acquire Liquity USD should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Liquity USD using one of the aforementioned exchanges.

LUSD/USD price chart by TradingView