Liquity Protocol Raised $6 Million In Series A Funding

Published on: 30.03.2021

Liquity Protocol has raised $6 Million in Series A funding round to expand the company’s on-chain borrowing services and hiring more resources.

Leading the funding round are venture firm Pantera Capital, Nima Capital, Alameda Research, Greenfield.one, IOSG, and several angel investors.

Liquity Protocol is a Switzerland-based DeFi platform that provides interest-free borrowing on collateralized loans backed by Ethereum. Loans are paid in LUSD, a dollar-pegged stablecoin.

#SmartCrypto

Market Stats:
BTC Dominance: 52.57%(+0.20%/24h)
ETH Dominance: 17.91%(-0.25%/24h)
Defi Market Cap: $104.78B(-8.90%/24h)
Total Market Cap: $2544.01B(-0.73%/24h)
Total Trading Volume 24h: $88.05B(-10.31%/24h)
ETH Market Cap: $456.11B
Defi to ETH Ratio: 22.97%
Defi Dominance: 3.9%
Altcoin Market Cap: $1206.66B
Altcoin Volume 24h: $59.96B
Total Cryptocurrencies: 29947
Active Cryptocurrencies: 10068
Active Market Pairs: 83347
Active Exchanges: 772
Total Exchanges: 8612
BTC: 67865.3$(-0.16%/1H)
ETH: 3793.66$(-0.8%/1H)
AVAX: 36.9$(-0.63%/1H)
BNB: 597.93$(-0.36%/1H)
MATIC: 0.73$(-1.81%/1H)
FTM: 0.82$(-0.27%/1H)
ADA: 0.46$(-0.4%/1H)
DOT: 7.3$(-0.83%/1H)
UNI: 10.6$(-1.31%/1H)
CAKE: 2.93$(-0.24%/1H)
SUSHI: 1.22$(-1.28%/1H)
ONE: 0.02$(-0.82%/1H)