About Lybra Finance
The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future. The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH. eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence. A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint EUSD against them, they receive a stable income in stETH of approximately 5%, which is converted to eUSD through the protocol and distributed to them. eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.
Trading Insights
Searched
17
Market Stats
Market Cap
£913.46K
4.84%
FDV
£2.80M
Circ. Supply
33M LBR
Max Supply
100M LBR
Total Supply
15M LBR
Diluted Valuation
£1.94M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£177.83K
32.04%
Volume (7D)
£1.21M
Volume (30D)
£4.66M
All time high
£3.46
Price Change (1Y)
-73.95%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Lybra Finance has decreased by 0.79% in the last hour and increased by 4.87% in the past 24 hours. Lybra Finance’s price has also fallen by 2.84% in the past week. The current price is £0.0209 per LBR with a 24-hour trading volume of £177.83K. Currently, Lybra Finance is valued at 99.40% below its all time high of £3.46. This all-time high was the highest price paid for Lybra Finance since its launch.
The current circulating supply of Lybra Finance is 32,599,363 LBR which means that Lybra Finance has as total market cap of £913,457.61.
Market details
LBR vs markets
↘ 83.88%
LBR vs BTC
↘ 85.94%
LBR vs ETH
↘ 73.44%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC98835e792553e505AE46e73a6fD27a23985aCcA | |
Ethereum | 0xF1182229B71E79E504b1d2bF076C15a277311e05 | |
Ethereum | 0xed1167b6Dc64E8a366DB86F2E952A482D0981ebd | |
Arbitrum | 0xA23e44aEa714fbBc08ef28340D78067B9A8Cad73 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0209 | ↗ 4.87% |
1 Day | £0.0199 | ↗ 4.87% |
1 Week | £0.0212 | ↘ 2.84% |
1 Month | £0.0255 | ↘ 19.21% |
1 Year | £0.0830 | ↘ 73.95% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Lybra Finance to GBP currency in real-time. Get the live price of Lybra Finance on Coinbase.
The current market cap of Lybra Finance is £913.46K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Lybra Finance is £3.46. This all-time high is highest price paid for Lybra Finance since it was launched.
Over the last 24 hours, the trading volume of Lybra Finance is £177.83K.
Assets that have a similar market cap to Lybra Finance include TRUMP MAGA (trumpmaga.me), WeatherXM, Aperture Finance, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Lybra Finance is 33 million.
Lybra Finance calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.