Liquity (LQTY) is a decentralized borrowing protocol built on Ethereum, enabling users to take out 0% interest loans in LUSD — a dollar-pegged stablecoin — by locking ETH as collateral. As of today, the LQTY price stands at $1.29**, with a 24-hour trading volume of **$92,715. Over the past day, LQTY has declined by -4.94%, while its weekly performance shows a drop of -5.74%. Despite short-term volatility, the asset has shown resilience over longer timeframes.
With a circulating supply of 95,041,434 LQTY out of a maximum cap of 100,000,000, Liquity’s current market capitalization sits at $123.4 million, ranking it around #177 globally by market cap. This positions LQTY as a mid-tier cryptocurrency within the DeFi ecosystem, attracting attention from both retail and institutional investors.
Understanding Liquity’s Core Metrics
Price Performance Across Timeframes
LQTY has experienced significant price swings since its launch. While currently trading far below its all-time high, it has demonstrated strong recovery potential over medium to long-term horizons:
- Today: Down $0.07 (-5.12%)
- 7 Days: Down $0.0855 (-6.22%)
- 30 Days: Up $0.4536 (+54.23%)
- 3 Months: Up $0.5925 (+84.93%)
This pattern suggests that despite near-term bearish sentiment, longer-term holders may be benefiting from strategic accumulation during dips.
All-Time High and Low
Liquity reached its all-time high (ATH) of $62.97 during the peak of the 2021 bull run. The current price reflects a decline of approximately 97.94% from that peak, which is common among many DeFi tokens following market corrections.
On the flip side, LQTY hit its all-time low (ATL) of $0.4336, meaning today's value represents a +198.97% increase from that bottom. This rebound illustrates underlying demand and confidence in the protocol’s long-term viability.
How to Store and Manage LQTY Safely
Securing your LQTY holdings is crucial for protecting your investment. Here are several secure storage options:
- Exchange Wallets: Platforms like KuCoin offer custodial wallets where you can store LQTY without managing private keys. Convenient for active traders.
- Self-Custody Wallets: Use browser-based (e.g., MetaMask), mobile, or desktop wallets to maintain full control over your assets.
- Hardware Wallets: Devices like Ledger or Trezor provide cold storage protection against online threats.
- Third-Party Custody Services: Ideal for institutions or high-net-worth individuals seeking professional-grade security.
- Paper Wallets: A fully offline method involving printed private and public keys — best used for long-term "deep cold" storage.
For most users, combining hot wallets for daily transactions and cold wallets for long-term holding offers an optimal balance between accessibility and security.
Converting LQTY to Cash: Step-by-Step Guide
Turning your LQTY into fiat currency like USD involves a few straightforward steps:
- Choose a Reputable Exchange: Select a platform that supports LQTY trading pairs (e.g., LQTY/USD or LQTY/USDT).
- Sell LQTY for Stablecoin or Fiat: Trade your tokens for a stablecoin like USDT or directly into USD if supported.
- Withdraw to Bank Account: Transfer the funds via available withdrawal methods such as bank transfer or payment gateways.
- Complete Verification (KYC): Ensure your identity is verified to comply with regulatory requirements.
Always consider transaction fees and withdrawal limits when planning conversions.
Frequently Asked Questions (FAQ)
Q: What is the current price of Liquity (LQTY)?
A: As of now, one LQTY token is valued at $1.29 USD. Prices fluctuate based on market activity and can be tracked in real time on major exchanges.
Q: What is the total and circulating supply of LQTY?
A: Liquity has a maximum supply of 100,000,000 tokens, with approximately 95,041,434 currently in circulation.
Q: Where can I buy or trade LQTY?
A: LQTY is available on various cryptocurrency exchanges including KuCoin, Uniswap, and other decentralized platforms supporting ERC-20 tokens.
Q: How does Liquity generate value for LQTY holders?
A: LQTY stakers earn fees generated from borrowing and redemption activities within the protocol. Additionally, governance rights are tied to token ownership.
Q: Is Liquity audited and secure?
A: Yes, Liquity has undergone audits by reputable firms such as CodeInspect, ensuring smart contract integrity and minimizing vulnerabilities.
Q: Can I use LQTY to borrow money without selling my crypto?
A: Absolutely. By depositing ETH as collateral, users can mint LUSD stablecoins through the Liquity protocol — effectively accessing liquidity without divesting holdings.
Ecosystem & Community Support
Liquity benefits from strong backing by prominent venture capital firms, including:
- Alameda Research
- Pantera Capital
- Polychain Capital
- IOSG Ventures
- Lemniscap
- Greenfield One
These investors bring not only capital but also strategic guidance and network access, enhancing Liquity’s growth trajectory in the competitive DeFi landscape.
The project maintains transparency through public documentation and blockchain explorers:
- Official Website: liquity.org
- Technical Docs: docsend.com
- Contract Address (Ethereum):
0x6DEA81C8171D0bA574754EF6F8b412F2Ed88c54D - Blockchain Explorers: Etherscan and Nansen.ai
All smart contracts have been audited for security, further reinforcing trust in the system’s reliability.
Final Thoughts on Liquity (LQTY)
Liquity remains a compelling player in the decentralized finance space due to its innovative 0% interest loan model and robust technical foundation. While price volatility is inherent in crypto markets, especially for mid-cap DeFi tokens like LQTY, the fundamentals — including staking rewards, governance utility, and strong investor support — suggest long-term potential.
Whether you're a trader monitoring the LQTY to USD exchange rate or an investor evaluating portfolio diversification, understanding key metrics like market cap, circulating supply, and historical performance helps inform smarter decisions.
Always conduct independent research and assess risk tolerance before engaging with any cryptocurrency. Tools like live price trackers, portfolio managers, and secure exchanges play a vital role in navigating this dynamic ecosystem responsibly.
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