Average Daily Volume
Liquity USD is currently ranked number 176 worldwide with a daily trading volume of $2,886,097.00, which it will make it not so easy for you to sell your holdings of Liquity USD.
Market Cap
Liquity USD has a total market cap of $227,241,977.00.
Community
Liquity USD has 49,543 total followers in all its social media accounts.
All Time High
Liquity USD is a stable coin. It's price is packed to the US Dollar and only jumps in prices to other fiat currencies.
Price Potential
Stable coins like Liquity USD are digital assets pegged to a stable asset such as USD, aimed at reducing volatility. They offer benefits of both traditional fiat currencies and cryptocurrencies.
Overall Score
Stable coins are digital assets pegged to a stable value, usually the US dollar. Pros: reduced volatility, easier to use as a means of payment and store of value. Cons: Centralized nature can lead to potential loss of value and lack of security.
How to buy Liquity USD today?
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What Is Liquity USD?
LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 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 as a protocol is non-custodial, immutable, and governance-free.
