Liquity
LQTY
Categories:
DeFi
Lending
Ecosystem:
Ethereum
Founded:
2020
Liquity is a governance-minimized, algorithmically-adjusted, decentralized borrowing protocol built on Ethereum that offers interest-free liquidity against Ether. With Liquity, Ether holders can draw zero-interest loans in the form of LUSD, a USD-pegged stablecoin, which can always be redeemed at face value for the underlying ETH collateral.
Liquity Fundraising
Fundraising Event
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| Series A | $6M | -- | Mar 30, 2021 | |
| Seed | $3M | -- | Sep 25, 2020 | |
| Pre-Seed | -- | -- | Feb 24, 2020 |
Investor
Liquity Team
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Liquity
LQTY
$0
+4.16%
Total dollar volume24H
$65,393,497
High24H
1.218 USDT
Low24H
1.111 USDT
Market Cap
#379$116,320,138
FDV
$120,200,000
Turnover rate
56.22%
Circulating supply
96,772,161
Total supply
100,000,000
Max supply
100,000,000
All time high
3.86 USDT
All time high date
Mar 14, 2023
Down from All time high
-68.86%
Cycle low
0.488 USDT
Cycle low date
Aug 05, 2024
Up from cycle low
146.31%
Contracts
Official links
Socials
Introduction
LQTY is a token that captures the fee revenue generated by the Liquity Protocol via staking. 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.