LIQ Protocol
LIQ

$0.00188271

-21.07%
  • Market Cap
    $56,079.218
  • 24 Hour Trading Vol
    $49,336.209
  • Fully Diluted Valuation
    $188,270.553
  • Circulating Supply
    30,000,000
  • Total Supply
    100,000,000
  • Max Supply
    100,000,000
LIQ Protocol
LIQ Protocol is a decentralized on-chain liquidation engine system powering derivatives markets on Serum and lending platforms on Solana
Socials
Category
DeFi
LIQ Protocol Converter
LIQ
1 LIQ = $0.00188271
LIQ Statistics
  • LIQ Protocol Price
    $0.00188271
  • Trading Volume
    $49,336.209
  • Market Cap
    $56,079.218
LIQ Protocol Price Chart (LIQ)

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24h
7d
30d
3M
1Y
YTD
-21.07%
+8.01%
+6.48%
-38.90%
+48.20%
-43.06%
About LIQ Protocol

LIQ Protocol is a decentralized on-chain liquidation engine system powering derivatives markets on Serum and lending platforms on Solana. The protocol plays a key role in keeping a healthy Solana and Serum ecosystem. By managing liquidations and providing capital across several different derivatives and lending platforms, the overall usability and health of the platforms are substantially increased, which helps further advance the ecosystem. 

The LIQ Protocol holds the following utility:

A pool that allows users to provide liquidity to LIQ, in turn earning fees back from the liquidators profits. LIQ Protocol participating in the liquidation process, in turn, provides liquidity for further advancing the ecosystem, and builds the insurance fund for the liquidation engines.A limited governance model allowing voters to make decisions on the liquidation engine process and holdings, such as determining markets and pairs for the protocol to manage.

The profits accrued from liquidations, market making, hosting fees, and arbitrage, will be used to buy back LIQ tokens off the open market, reducing the circulating supply. These tokens will then be redistributed to liquidity providers through Orca and Raydium LIQ farms. 

LIQ Protocol Markets
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