Liquity token (LQTY) surges over 30% following Binance listing

Liquity protocol’s native token (LQTY) has posted a 32% achieve within the final 24 hours following a list announcement by Binance.

Liquity is a decentralized borrowing protocol that permits customers to borrow LUSD stablecoin and LQTY. Customers can obtain interest-free loans utilizing ETH as collateral.

Binance to listing LQTY

Main crypto trade Binance introduced on Feb. 28 that it will listing Liquity’s LQTY token within the innovation zone.

Customers can deposit their LQTY into Binance in readiness for spot buying and selling actions that may open at 11:00 (UTC). For a begin, Binance mentioned it will add help for the LQTY/BTC and LQTY/USDT buying and selling pairs.

As well as, Binance mentioned it will add LQTY as a borrowable asset within the remoted margin account.

Following the Binance itemizing announcement, the LQTY worth has elevated to an area excessive of $1.8, recording a 32% achieve during the last 24 hours.

Within the final thirty days, LQTY has elevated by over 103%, pushing its whole market cap to $167 million, in accordance with CryptoSlate knowledge.

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