Liquity (LQTY) CAD Price

Liquity Price Data

Liquity (LQTY) currently has a price of $0.32 and is up 5.55% over the last 24 hours. The cryptocurrency is ranked 824 with a market cap of $31.3M. Over the last 24 hours, it saw $3.9M of trading volume. The token has a circulating supply of 98.8M tokens out of a total supply of 100M tokens.

Liquity is a decentralized borrowing and lending platform built on the Ethereum blockchain. It aims to solve scalability issues and provide a stable solution. The platform's Stability Pool ensures protocol stability by automatically repaying debt when collateralization rate drops below the threshold. Liquity also offers a unique Stability Incentive, rewarding users with LQTY tokens for maintaining system stability, thus furthering decentralization.