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Liquity

LQTY

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

Defi tokens

Decentralised Finance (or ‘DeFi’) tokens (e.g. , ) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.

Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.

Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets.

For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.

Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.

Data/oracle risk: DeFi protocols often rely on external data sources or ‘oracles’. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.

Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.

About Liquity

LQTY is an Ethereum token that powers the Liquity protocol, a decentralized borrowing platform for 0% interest loans using ETH as collateral. Loans are paid out in a stablecoin called LUSD, and LQTY holders can stake their token to earn a portion of fees generated by opening and closing loans.

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.

Market

United Kingdom Market Stats

Market cap

£86.4M

Volume (24h)

£16.4M

Circulating supply

95.7M LQTY

Typical hold time

7 days

Popularity

#424

All time high

£45.40

Price change (1h)

-1.68%

Price change (24h)

+6%

Price change (7d)

+5.75%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Liquity

DL News • Apr 28, 24

Franklin Templeton’s $380m BENJI token upgrade is just for institutional investors — for now

Some investors can trade Franklin Templeton’s tokenised fund on the Stellar blockchain.

Read more

News Article Image

BeInCrypto • Apr 27, 24

Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS)

Vitalik Buterin said the PoS transition was necessary to align with the network's long term goal and also address energy consumption concerns.The post Vitalik Buterin Defends Ethereum’s Transition to Proof-of-Stake (PoS) appeared first on BeInCrypto.

Read more

News Article Image

The Block • Apr 27, 24

DOJ says Roman Storm did much more than just write code in response to defense’s dismissal motion

Government prosecutors have contested the notion that the Tornado Cash developer's case is all about the freedom to write code for the blockchain.

Read more

News Article Image

The Defiant • Apr 27, 24

Our Most Read Stories This Week: Telegram & Stripe Payments; $12M CryptoPunk; Consensys vs. SEC; Renzo Depeg

The Defiant's most read stories for the week of April 22.

Read more

News Article Image

BeInCrypto • Apr 27, 24

Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights

This move reflects Oklahoma's commitment to protecting its residents' Bitcoin ownership rights amid ongoing regulatory challenges facing the cryptocurrency industry nationwide.The post Oklahoma’s New Law Protects Citizens’ Bitcoin Ownership Rights appeared first on BeInCrypto.

Read more

News Article Image

BeInCrypto • Apr 27, 24

New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto

UK's new cryptoasset legislation enables authorities to confiscate items like passwords and memory sticks that could aid criminal inquiries.The post New UK Law Empowers Authorities to Seize, Freeze, Destroy Crypto appeared first on BeInCrypto.

Read more

News Article Image

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Social

Some highlights about Liquity on social media

225 unique individuals are talking about Liquity and it is ranked #684 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Liquity has an average sentiment score of 3.2 out of 5. Finally, Liquity is becoming more newsworthy, with 0 news articles published about Liquity. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about Liquity. There were 56.82% of tweets with bullish sentiment compared to 29.55% of tweets with a bearish sentiment about Liquity. 13.64% of tweets were neutral about Liquity. These sentiments are based on 44 tweets.

On Reddit, Liquity was mentioned in 2 Reddit posts and there were 6 comments about Liquity. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

Powered by LunarCrush

Overview

Contributors

225 people

Volume rank

#684

Average Sentiment

3.2 out of 5

Twitter

Reddit

Post Score

114

Comment Score

122

Liquity is on the rise this week.

The price of Liquity has decreased by 1.68% in the last hour and increased by 6.00% in the past 24 hours. Liquity’s price has also risen by 5.75% in the past week. The current price is £0.90 per LQTY with a 24-hour trading volume of £16.45M. Currently, Liquity is valued at 98.02% below its all time high of £45.40. This all-time high was the highest price paid for Liquity since its launch.

The current circulating supply of Liquity is 95,652,222.714 LQTY which means that Liquity has as total market cap of 95,652,222.714.

FAQ

What is the current price of Liquity?

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

What is the market cap of Liquity?

The current market cap of Liquity is £86.36M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Liquity?

The all-time high of Liquity is £45.40. This all-time high is highest price paid for Liquity since it was launched.

What is the 24 hour trading volume of Liquity?

Over the last 24 hours, the trading volume of Liquity is £16.45M.

What other assets are similar to Liquity?

Assets that have a similar market cap to Liquity include ConstitutionDAO, Symbol, Horizen, and many others. To see a full list, see our comparable market cap assets.

How many Liquity are there?

The current circulating supply of Liquity is 96 million.

What is the typical holding time of Liquity?

The median time that Coinbase customers hold Liquity before selling it or sending it to another account or address is 7 days.

What is the relative popularity of Liquity?

Liquity ranks 210 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Liquity?

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.

Can I buy Liquity on Coinbase?

Yes, Liquity is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Liquity guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024