Liquity USD (LUSD) 24-Hour Volume Tops $52,785.49

Liquity USD (LUSD) traded 0.3% higher against the U.S. dollar during the 1 day period ending at 20:00 PM ET on October 26th. Liquity USD has a total market cap of $69.91 million and approximately $52,785.49 worth of Liquity USD was traded on exchanges in the last 24 hours. One Liquity USD token can currently be purchased for approximately $1.00 or 0.00001493 BTC on popular cryptocurrency exchanges. In the last week, Liquity USD has traded 0.2% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• 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.
• 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 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 0% lower against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded up 1.2% against the dollar and now trades at $160.11 or 0.00239165 BTC.

Liquity USD Token Profile

Liquity USD’s launch date was April 4th, 2021. Liquity USD’s total supply is 69,948,695 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. 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 currently possible to buy alternative cryptocurrencies such as Liquity USD directly using US dollars. Investors seeking to trade Liquity USD should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. 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