LiquityLQTY

The staking and voting token of Liquity, which issues the LUSD and BOLD stablecoins against ether.

Rank #858Since April 2021

Price on 31 Oct 2026

C$0.2766 +16.1% since 31 Jul 2026 · 99.8% below its all-time high

The short version

Liquity runs immutable borrowing protocols: V1 issues the LUSD stablecoin with one-off fees, and V2 issues BOLD with interest rates set by borrowers. LQTY stakers direct V2's incentive budget each week and earn V1 fees. Its US$6M Series A in Mar 2021 was led by Pantera, and on 18 Sep 2026 Liquity said the protocol itself makes no revenue. On 31 Oct 2026 one LQTY cost C$0.2766. From 31 Jul 2026 to 31 Oct 2026 its price changed +16.1% in Canadian dollars, and it was 99.8% below its all-time high of C$184.05 set on 5 Apr 2021.^[1]

Checked 31 Oct 2026 · 11 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.8281 (1 Nov 2025) · low C$0.2224 (21 Jul 2026) · -67.0%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.2735	US$0.1959
30 Sep 2026	C$0.3315	US$0.2329
31 Aug 2026	C$0.2995	US$0.2160
31 Jul 2026	C$0.2545	US$0.1814
30 Jun 2026	C$0.2573	US$0.1812
31 May 2026	C$0.3478	US$0.2521
30 Apr 2026	C$0.4107	US$0.3025
31 Mar 2026	C$0.3715	US$0.2672
28 Feb 2026	C$0.4970	US$0.3634
31 Jan 2026	C$0.5418	US$0.4016
31 Dec 2025	C$0.4911	US$0.3586
30 Nov 2025	C$0.7174	US$0.5115

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.2766^[1]
3-month change: +16.1% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 99.8% below its high of C$184.05 (5 Apr 2021)^[1]
Market rank: #858, market value about C$27.3M^[1]
Kind: Token · Ethereum (ERC-20); also on Arbitrum
Started: April 2021

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoGoPlus finds no mint function; all 100M LQTY exist^[2]

Can anyone freeze or take coins from holders?NoGoPlus flags a balance-move right held by the immutable staking contract, used when holders stake^{[2, 3]}

Can the token's contract code be changed?NoFixed contract code on Ethereum, not a proxy^[2]

Is the supply capped?Yes100M LQTY with no mint function^[2]

Any scheduled unlocks in the next 12 months?NoFully vested; only about 0.9M LQTY of preset community issuance^[4]

Does a team or foundation hold over 10% of supply?Not disclosedInsiders got 60.5% at launch, now vested; current holdings are not published^[4]

Do network fees reach coin holders?YesStakers earn Liquity V1 fees: US$229K in the past year^{[3, 5]}

Main network hacked or halted in the past 2 years?NoNo exploit of Liquity in DefiLlama's hack records^[6]

Is a regulator or court case targeting the coin itself?NoNo live regulator or court case naming Liquity found^[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Backers: US$6M Series A (Mar 2021) led by Pantera, with IOSG, 1kx and Lemniscap^[8]
Design: Immutable contracts; V2 borrower interest split 75% to the stability pool and 25% to incentives^[3]
Holders: The LQTY staking contract holds 53.2% of supply; top 10 Ethereum addresses hold 83%^{[2, 9]}

Supply

In circulation: 98.85M LQTY of a 100.00M maximum (98.9%)^[1]
Maximum: 100M LQTY; no mint function^[2]
Insiders at launch: 60.5% (investors 33.3%, team and advisers 26.2%, service providers 1%); fully vested^[4]
Issuance: About 0.9M LQTY of preset community issuance in the next 12 months, about 1% of circulating^[4]

Use and fees

Fees: US$3.31M of fees, US$632K of revenue and US$229K to holders in the past year^[5]
Deposits: US$244M (DefiLlama, 31 Oct 2026)^[5]
Forks: 15+ friendly forks; Polkadot referendum 1944 (9 Sep 2026) proposes dotUSD on the V2 design^[7]

Trading

Daily trading: About C$2.2M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 6.63% of its market value changes hands each day^[1]
20-week average: 2.3% below its 20-week average price^[1]
1-year change: -66.7% in C$^[1]^[10]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins (this coin ranks below 500, so the nearest group is shown)

33% were higher a year later^[11]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

No red flags found

On 18 Sep 2026 Liquity said the protocol 'makes no revenue' and withholds no fees.^[7]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.