LQTY holds approximately
10.8x its market cap
in protocol deposits, a rare structural dynamic as the token navigates a
↘27.58%
monthly decline.
Protocol usage remains independent of price
Approximately 10.8x the token's market cap sits locked in the protocol even as price declined, showing continued usage of the core borrowing function independent of token price movement.
Selling pressure dominates recent sessions
The sell-to-buy ratio reached 3:1 over the past 24 hours, reflecting more sellers than buyers in recent trading activity.
Trading activity normalizing
Trading volume dropped roughly
↘67.97%
over the past week while costs for maintaining positions sit at approximately 0.008%, translating to around 9.4% annually.
Price declined across timeframes
The token declined roughly
↘12.54%
over the past week and approximately
↘27.58%
over the past month.