Liquity (LQTY) is a decentralized borrowing protocol that operates on the Ethereum network. It utilizes a USD-pegged stablecoin known as LQTY. This protocol allows Ether holders to draw loans in the form of LQTY, with fees for loan issuance and redemption being adjusted algorithmically. Liquity does not run its own frontend, which means to interact with the protocol, users may choose from a list of third-party frontend operators. This approach contributes to the system's decentralization and resistance to censorship.

Liquity operates by allowing Ether holders to draw loans in the form of its stablecoin, LQTY. The protocol uses an algorithm to adjust the fees associated with loan issuance and redemption. Users interact with the protocol through third-party frontend operators, which adds to the system's decentralization. The protocol also includes a Stability Pool, where users can deposit LUSD to receive LQTY compensation. The revenue generated by a frontend grows proportionally with the total amount of LUSD deposited by its users to the Stability Pool.

Liquity aims to provide a platform for Ether holders to draw loans in the form of its stablecoin, LQTY. This can be particularly useful for individuals who wish to leverage their Ether holdings without selling them. Additionally, Liquity's Stability Pool provides users the opportunity to receive LQTY compensation by depositing LUSD. This can serve as an incentive for users to participate in the Liquity ecosystem, potentially leading to increased adoption and use of the LQTY stablecoin.

Liquity was founded by Robert Lauko, who also serves as the Head of Research. The protocol was developed and launched on the Ethereum mainnet, marking its entry into the decentralized finance (DeFi) space. Since its inception, Liquity aims to provide a decentralized borrowing platform for Ether holders, while also offering a Stability Pool where users can receive LQTY compensation. The protocol has undergone various updates and improvements, with the team working to enhance its functionalities and user experience.

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

The current market cap of Liquity is €14.125M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Liquity is €51.51. This all-time high is highest price paid for Liquity since it was launched.

Over the last 24 hours, the trading volume of Liquity is €2.544M.

Assets that have a similar market cap to Liquity include NeoSoul, Hana Network, Coinbase Tokenized bStocks, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Liquity is 96 million.

Liquity ranks 244 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 50% of Coinbase users are buying Liquity. In other words, 50% of Coinbase customers have increased their net position in Liquity over the past 24 hours through trading.