Market cap
$22.56M
-1.34 %
Volume (24h)
$634.65K
-1.34 %
Circulating supply
97,756,816 LQTY
Total supply
100,000,000 LQTY
Max. supply
100,000,000 LQTY
Liquity (LQTY)
$ 0.23
-1.34 %
Main info
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Key data
updated $0Market cap$22.56M
Volume 24h$634.65K
Circulating supply97.76M98% of max 100M
All-time high$146.94-100% from peak · 2021-04-05
Liquity (LQTY) is the governance and revenue token of the Liquity protocol — a decentralized borrowing platform built on Ethereum. In simple terms, Liquity lets people take out interest-free loans against their ETH, while LQTY captures fees generated by the system. The ticker you'll see on exchanges is LQTY.
Frequently asked questions
What is Liquity and how is it different from other crypto tokens?
LQTY is the native token of the Liquity protocol, which offers interest-free loans in a stablecoin (LUSD) secured by ETH collateral. Unlike many governance tokens, LQTY's main role is to collect fees from the protocol rather than to vote on endless parameter changes. The protocol itself is designed to be immutable and governed minimally by code.
How does the Liquity technology work?
Liquity runs on Ethereum as a set of immutable smart contracts. Borrowers lock ETH as collateral and mint LUSD, with the system maintaining a minimum collateral ratio enforced automatically. If a borrower's position becomes undercollateralized, anyone can liquidate it and be rewarded, which keeps the system solvent without human intervention.
How is LQTY issuance structured?
LQTY has a hard cap of 100,000,000 coins, meaning no more tokens will ever be created beyond that limit. The total supply was largely distributed early on through staking rewards and community incentives, with no ongoing inflation built into the design. This fixed cap makes the token's supply fully predictable over time.
How can I store and use LQTY?
As an ERC-20 token, LQTY can be stored in any Ethereum-compatible wallet such as MetaMask, Ledger, or a trusted mobile wallet. Holding and staking LQTY within the Liquity interface lets you earn a share of the protocol's fees, paid in LUSD and ETH. You can also simply trade it on decentralized and centralized exchanges.