LIQ

LIQ Protocol price 
LIQ

$0.002849  

5.10% (1d)

LIQ Protocol to USD Chart

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LIQ Protocol statistics
Market cap
 

0.00%

$0
#4323
Volume (24h)
 

9.30%

$21,511
#3684
Volume/Market cap (24h)
 
--
Circulating supply
 
0 LIQ
0.00%
Total supply
 
0 LIQ
Max. supply
 
20,000,000 LIQ
Fully diluted market cap
 
$56,982
LIQ to USD Converter
LIQ
USD
Price performance
24h 
Low
$0.002812
High
$0.003214
All-time high
Sep 09, 2021 (2 years ago)
$4.50
-99.94%
All-time low
Oct 10, 2023 (4 months ago)
$0.0007699
+270.06%
See historical data
Popularity
In watchlists6,344x
2736th / 8.8K
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LIQ Protocol news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About LIQ Protocol

LIQ Protocol is an on-chain liquidation protocol built for Serum DEX margin markets and lending platforms on the Solana network.

The protocol provides liquidity through its engines to manage liquidations fulltime for Solana and Serum based margin / borrowing projects, which allows projects to have a solidified backend for dealing with settlement liquidity.

The liquidator checks for overexposed accounts, prepares those accounts for liquidation, then provides funds to the liquidated accounts liabilities, and in return receives funds from the liquidated account’s collateral. The profits are in turn shared through LIQ LP staking rewards.

Powered by Solana

Solana is a high-performance and permissionless blockchain that is part of the next generation of cryptocurrency technology. Solana works via Proof of History (PoH), PoH operates through sequential functions. Solana is able to currently handle over 50,000 transactions per second with near-zero latency, and has a theoretical maximum of over 700,000 transactions per second.

Serum Ecosystem

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless. LIQ Protocol strengthens the Serum Ecosystem and keeps margin exchanges built on Serum healthy by handling liquidation events, and keeping margin accounts balanced on different lending platforms.

Liquidation Engine

The liquidator is a program that initiates the liquidation process. It is permissionless and decentralized. The liquidator checks for overexposed accounts, prepares those accounts for liquidation, then provides funds to the liquidated accounts liabilities, and in return receives funds from the liquidated account’s collateral.

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 by staking LP tokens

LIQ Protocol participating in the liquidation process in turn provides liquidity for further advancing the ecosystem, and builds the "insurance fund" for the liquidation engine

A limited governance model allowing for stakers to make decisions on the Liquidation Engine's process and holdings, such as determining markets and pairs for the protocol to manage