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LIQ Protocol

LIQ

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About LIQ Protocol

LIQ Protocol is an on-chain decentralized liquidation engine protocol created for derivatives markets on Serum and lending platform on the Solana network. The Serum is a decentralized exchange (DEX) ecosystem built on Solana that brings improved speed and low costs to decentralized finance (DeFi). The LIQ Protocol aims to keep the Solana and the Serum platforms healthy by regulating liquidations and providing capital across different derivatives.

As per the whitepaper, the LIQ Protocol helps the ecosystem grow and strengthens the protocol. The liquidators' profits are used for trading back the LIQ and redistributing back to the liquidity providers. Some of the profit is also added to the insurance fund to keep up with constant development and expansion. The protocol provides liquidity for Solana-based margin/borrowing projects by using its engines to manage liquidations full-time, allowing projects to have a firm backend for dealing with settlement liquidity.

Additionally, the LIQ Protocol features various key elements:

Further, LIQ is the native token of the LIQ Protocol ecosystem. The token is used to participate in the liquidity process, advance the ecosystem, and build the insurance fund for the liquidation engine and ecosystem governance.

Matt is the founder of the LIQ Protocol network. Matt also serves as the CEO of the platform.

LIQ has a maximum total supply of 20,000,000 tokens.

Market

Germany Market Stats

Market cap

€49,349.34

Volume (24h)

€7,796.38

Circulating supply

30.0M LIQ

All time high

€3.13

Germany Market performance

Price change (1h)

-1.03%

Price change (1d)

+0.71%

Price change (1w)

-9.06%

Price change (2w)

-6.57%

Price change (1m)

-30.23%

Price change (1y)

+14.44%

Germany News about LIQ Protocol

BeInCrypto • May 02, 24

Fantom (FTM) Price Correction Concludes as Buy Signals Emerge

Fantom's price trading above a key support level is flashing a buy signal which could trigger a recovery, however, the chances of a consolidation are still high.The post Fantom (FTM) Price Correction Concludes as Buy Signals Emerge appeared first on BeInCrypto.

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The Defiant • May 02, 24

EigenLayer Increases Minimum Airdrop Allocation

More than 280,000 users of the restaking protocol will receive an additional 100 EIGEN tokens.

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Bitcoin Magazine • May 02, 24

Michael Saylor Delivers Bitcoin Masterclass To Fortune 1000 Companies

Michael Saylor delivered Keynote remarks at MicroStrategy (MSTR) World: Bitcoin for Corporations conference to attending Fortune 1000 companies.

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The Block • May 02, 24

Dorsey’s Block to invest 10% of bitcoin profits into BTC each month, shares rise on Q1 earnings beat

Jack Dorsey's Block will be investing 10% of its gross profit from bitcoin products into bitcoin purchases and will open-source its treasury.

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Unchained • May 02, 24

Eigen Foundation to Allocate an Additional $1,000 in EIGEN Tokens to Over 280,000 Users

The Eigen Foundation announced Thursday that it will allocate an additional 100 EIGEN tokens, currently worth about $1,000, to more than 280,000 users in an effort to increase the accessibility of its token for early adopters and respond to community criticism of specific details of EigenLayer’s ...

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Decrypt • May 02, 24

Jito Price Jumps After Topping Solana DeFi Protocols With $1 Billion Locked

Jito Network became the top DeFi protocol on Solana, with liquid staking pool token JitoSOL rising by 8.5%.

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LIQ Protocol is on the decline this week.

The price of LIQ Protocol has decreased by 1.03% in the last hour and increased by 0.71% in the past 24 hours. LIQ Protocol’s price has also fallen by 9.06% in the past week. The current price is €0.0016 per LIQ with a 24-hour trading volume of €7.80K. Currently, LIQ Protocol is valued at 99.95% below its all time high of €3.13. This all-time high was the highest price paid for LIQ Protocol since its launch.

The current circulating supply of LIQ Protocol is 30,000,000 LIQ which means that LIQ Protocol has as total market cap of 30,000,000.

FAQ

What is the current price of LIQ Protocol?

We update our LIQ Protocol to EUR currency in real-time. Get the live price of LIQ Protocol on Coinbase.

What is the market cap of LIQ Protocol?

The current market cap of LIQ Protocol is €49.35K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of LIQ Protocol?

The all-time high of LIQ Protocol is €3.13. This all-time high is highest price paid for LIQ Protocol since it was launched.

What is the 24 hour trading volume of LIQ Protocol?

Over the last 24 hours, the trading volume of LIQ Protocol is €7.80K.

How many LIQ Protocol are there?

The current circulating supply of LIQ Protocol is 30 million.

Can I buy LIQ Protocol on Coinbase?

No, LIQ Protocol is not currently available on Coinbase, but you can sign up to get the latest news on LIQ Protocol and be notified when it gets added to our exchange.