Liquity Reaches 1-Day Trading Volume of $18.67 Million (LQTY)

Liquity (LQTY) traded down 5.3% against the U.S. dollar during the 1-day period ending at 13:00 PM ET on October 31st. One Liquity token can currently be bought for approximately $0.92 or 0.00001307 BTC on major cryptocurrency exchanges. During the last seven days, Liquity has traded up 11.7% against the U.S. dollar. Liquity has a total market capitalization of $86.10 million and approximately $18.67 million worth of Liquity was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.9% against the dollar and now trades at $70,509.80 or 1.00155706 BTC.
• SolvBTC (SOLVBTC) traded 2.2% lower against the dollar and now trades at $70,478.81 or 1.00111686 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Liquity Token Profile

Liquity was first traded on October 15th, 2020. Liquity’s total supply is 100,000,000 tokens and its circulating supply is 93,602,646 tokens. Liquity’s official Twitter account is @liquityprotocol and its Facebook page is accessible here. The Reddit community for Liquity is https://reddit.com/r/Liquity and the currency’s Github account can be viewed here. Liquity’s official message board is medium.com/liquity. The official website for Liquity is www.liquity.org.

According to CryptoCompare, “Liquity is a decentralized borrowing protocol that allows users to take out interest-free loans using Ether as collateral. The loans are paid out in a USD-pegged stablecoin called LUSD, and borrowers must maintain a minimum collateral ratio of 110%. Loans are secured by a Stability Pool containing LUSD and by fellow borrowers acting as guarantors. Liquity is a non-custodial, immutable, and governance-free protocol. LUSD can be redeemed at any time against the underlying collateral. LQTY is the secondary token issued by Liquity, capturing fee revenue and incentivizing early adopters and frontends, with a total supply cap of 100,000,000 tokens. For more information on LQTY, see LQTY Rewards and Distribution.”

Liquity Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Liquity directly using U.S. dollars. Investors seeking to trade Liquity should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Liquity using one of the aforementioned exchanges.

LQTY/USD price chart by TradingView