Key Stats
Total Value Locked | 24H | |
---|---|---|
in USD | $868.7M | -2.1% |
in ETH | 432.5K | +1.1% |
in BTC | 29.3K | -0.3% |
ETH Locked | 328.96K ETH | +1.6K |
% Supply Locked | 0.27% | |
Blockchain | Ethereum | |
Most Locked | $ETH | |
Protocol Token | $LQTY |
- TVL (USD)
- ETH
- BTC
- All
- 1 Year
- 90 Day
- 30 Day
Project Information
What is Liquity?
Liquity is an interest-free, collateralized borrowing protocol and stablecoin with novel batched and instant liquidations. It is governance-free, completely immutable, and has a minimum collateral ratio of 110%.
Users lock ETH as collateral and issue the LUSD stablecoin against it, only paying a one-time borrowing fee. Their collateralized debt position is known as a “Trove”.
Any LUSD holder is free to deposit to the Stability Pool, where their LUSD will be used to soak up debt from liquidated troves. In return, LUSD depositors receive a share of the liquidated ETH collateral, and can expect a net gain as the value of liquidated collateral is nearly always greater than the debt.
The LUSD token is fully redeemable, and 1 LUSD may always be redeemed for $1 worth of ETH with the system at any time, subject to a redemption fee.
LQTY is the Liquity system token. It is issued continuously as a reward to Stability Pool depositors, and can be staked in order to earn a share of the borrowing and redemption fees.
How to use Liquity?
Users may access the Liquity protocol through any third-party front end. Liquity.org hosts a list of active front end operators. Front ends compete on UX, trust, and their chosen “kickback rate” which determines the fraction of LQTY rewards their depositors earn.
A user opens a Trove by depositing ETH collateral, and withdraws LUSD - they may then deposit their LUSD to earn LQTY and ETH over time, and stake their LQTY to earn a share of system fees.
Date | TVL (USD) | TVL Change | Total ETH Locked | ETH Locked 1d |
---|---|---|---|---|
2022-05-16 | $868.14M | -18.39M | 328.96K | 1.19K |
2022-05-16 | $910.39M | 22.95M | 327.79K | 550.1 |
2022-05-15 | $887.44M | 6.31M | 327.24K | -5.46K |
2022-05-14 | $881.13M | 7.86M | 332.69K | -4.9K |
2022-05-13 | $873.27M | -76.91M | 337.59K | -10.92K |
2022-05-12 | $950.19M | -146.62M | 348.52K | -9.98K |
2022-05-11 | $1.097B | 22.06M | 358.5K | 1.49K |
2022-05-10 | $1.075B | -137.54M | 357.01K | -4.53K |
2022-05-09 | $1.212B | -68.73M | 361.53K | -5.41K |
2022-05-08 | $1.281B | -22.39M | 366.94K | -396.1 |
2022-05-07 | $1.303B | -17.62M | 367.34K | 1.43K |
2022-05-06 | $1.321B | -63.42M | 365.91K | 2.15K |
2022-05-05 | $1.384B | 53.53M | 363.76K | -1.04K |
2022-05-04 | $1.331B | -27.73M | 364.8K | -161.6 |
2022-05-03 | $1.359B | 10.15M | 364.96K | -179.7 |
2022-05-02 | $1.348B | 34.65M | 365.14K | 74.5 |
2022-05-01 | $1.314B | -29.09M | 365.06K | 386.6 |
2022-04-30 | $1.343B | -58.61M | 364.68K | -1.15K |
2022-04-29 | $1.402B | 17.7M | 365.83K | 463.5 |
2022-04-28 | $1.384B | 13.12M | 365.36K | -5.65K |