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

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

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

Binance to checklist LQTY

Main crypto alternate Binance introduced on Feb. 28 that it might checklist Liquity’s LQTY token within the innovation zone.

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

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

Following the Binance itemizing announcement, the LQTY worth has elevated to a neighborhood excessive of $1.8, recording a 32% acquire over the past 24 hours.

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

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