Posted 10/13/2023, 7:22:00 PM
Liquity's LQTY Token Rallies 80% as Lending Platform Gains Traction
- Liquity's native token LQTY has rallied 80% over the past month while broader crypto markets were sluggish
- Liquity is a lending platform where users can take loans in stablecoin LUSD by staking ETH
- LQTY now has a market cap of around $120 million
- Protocol activity has increased over the past month, with users earning $625K in fees
- Independent agency Bluechip gave Liquity's stablecoin LUSD a top A rating