Stablecoin Lender Liquity's Token Rises 35% on Binance Listing

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LQTY, the native token of stablecoin lender Liquity, has risen by 35% after being listed on Binance's innovation zone.

At the time of writing, LQTY is trading at a 10-month high of $1.82 as trading volume has surged by 382%, according to CoinMarketCap.

Bitcoin (BTC) and tether (USDT) trading pairs will go live on BINANCE at 11:00 UTC on Tuesday along with a USDT derivative pair.

A D V E R T I S E M E N T
$23,406.75
0.02%
$1,630.83
0.60%
BNB$302.51
0.84%
XRP$0.37737856
1.31%
ADA$0.36289400
0.11%
View All Prices
A D V E R T I S E M E N T

The token experienced a 45% price hike earlier this month after New York regulator (NYSDFS) ordered Paxos to stop minting its centralized dollar-pegged cryptocurrency BUSD.

Liquity is an Ethereum-based protocol that offers interest free loans in the form of the LUSD stablecoin for users that deposit ether.

The protocol currently has $596.07 million in total value locked (TVL) according to DeFiLlama.

A D V E R T I S E M E N T
A D V E R T I S E M E N T
$23,406.75
0.02%
$1,630.83
0.60%
BNB$302.51
0.84%
XRP$0.37737856
1.31%
ADA$0.36289400
0.11%
View All Prices
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