Real-time LUSD price analysis
The current price of Liquity USD in real time is $0.9956and its trading volume is equal to US$1,590,748 in the last 24 hours. LUSD price has fell on
0.04%
on the last day and decreased by
0.13%
in the last 7 days. It is important to note that Liquity USD’s current market capitalization is US$148,424,470and the maximum offer is 154,154,355 Lira US dollars coins. Speaking of negotiable supply, LUSD has 149 083 099 coins. Currently, the Liquity USD rating on the market is #278.
Liquidity, US dollars price today
68.11%
below
always on top and that’s it
0.00%
below
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling LUSD are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Liquidity in US Dollars (LUSD)?
Liquidity in US dollars stablecoin pegged to the US dollar, created by Liquity, decentralized finance protocol which allows users to take out interest-free loans from Ether as collateral. The loan is provided in the form of LUSD and must maintain a minimum collateral rate of 110%. In addition, loans are protected Stable pool consists of LUSD and other borrowers acting together as backup sponsors. Liquidity as a protocol does not require storage, has established rules and has no governance. All this is done to ensure that decentralization remains continuous. In the Liquity USD price chart above, you can observe the current and previous price of LUSD, as well as its recent movements.
In addition, in addition to the LUSD token, the Liquity platform has another token – QUANTITY. This is a secondary protocol token that holders can use to receive a portion of the fees charged on loans.
LUSD Use Cases
In fact, LUSD coins are used to pay off loans on the protocol.. In addition, the protocol uses two-stage elimination system which leads to low pledge rates, while ensuring stability. When users want to return their LUSD coin, they receive ETH at face value minus the redemption token fee. Since all protocols are pre-determined algorithmically, there is no need for governance or voting on financial decisions, making them rigid but independent of external control.
Also, note that since LUSD is a stablecoin, the price of Liquity USD tends to remain relatively stable. Check out the LUSD price chart above to see for yourself.
Who founded Liquity?
Robert Lauko, Swiss with a Ph.D. With a PhD in law and experience as a clerk in various legal organizations in Switzerland, he turned his attention to blockchain research. Having worked on consensus algorithms, blockchain layers and incentive mechanisms for over five years, he and Rick Pardo is another Liquity founder who previously created the Solidity decimal math library to revolutionize decentralized borrowing. Both Robert and Rick have experience developing secure backends. smart contracts.
What is the trading volume of Liquity USD in the last 24 hours?
LUSD has trading volume US$1,590,748 in the last 24 hours.
What is the highest Liquity USD price ever?
LUSD has the highest price $3.12which was achieved at November 16, 2021 (2 years 3 months ago).
What is the lowest Liquity USD price ever?
LUSD has the lowest price $0.00which was achieved at September 09, 2021 (2 years 5 months ago).
Which exchanges are best for buying and selling LUSD?
Currently the most active and dominant exchanges for buying and selling Liquity USD are Binance, Kraken & Kucoin. The most popular Liquidity, US dollars trading pairs LUSD/USDC
(on
Uniswap (V3)
),
LUSD/RUNE
(on
TORchain (ERC20)
),
LUSD/USDC
(on
Maverick protocol
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing LUSD?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Liquidity, US dollars. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
