Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos

Decentralized Borrowing Protocol Liquity’s LQTY Token Soars Amid USDC Chaos


While LUSD is meant to retain its dollar peg, Liquidity’s secondary token LUSD has seen the upside. LQTY, which has a total supply of 100 million and a market capitalization of $314 million, per CoinGecko, captures the fee revenue generated by the Liquity protocol, which are then paid out to stakers.

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