liquity09
$lqty
MCAP26.43M
-0.71%

what's liquity?

Liquity is a decentralized borrowing protocol on Ethereum that enables users to borrow against ETH and LST collateral with minimal collateral ratios and no governance or admin keys. In its V2 iteration, it introduces user-set interest rates for borrowing and the BOLD stablecoin, which is immutable, redeemable for $1 in collateral, and provides real yield from borrower interest without reliance on external factors like US Treasuries. The protocol emphasizes decentralization, with all rules enforced by immutable smart contracts, protecting users from censorship, blacklisting, or issuer risks. Revenue from borrowing fees is distributed to LQTY token stakers, and BOLD can be used across DeFi for liquidity provision and yield farming. Liquity V2 also supports cross-chain functionality for BOLD via Chainlink CCIP and integrates with various DEXs for incentivized liquidity.

Snapshot

Liquity launched BOLD stablecoin; Bluechip rated its management, decentralization, and governance A-.

contract

ethereum

arbitrum-one

2D ago
TOKEN ECONOMICS

Borrowing against wstETH on Liquity V2 has a negative interest rate of approximately 1.6%.

3D ago
TECH EVENT

Uses ERC-721 NFTs to represent "Trove" borrow positions, enabling these debt positions to be transferred and creating onchain debt markets.

WHALE ACTIVITY

Vitalik Buterin sold 19,268 ETH (worth $38.77 million at an average price of $2,012) over 23 days, converting them into multiple Ethereum DeFi stablecoins including USDtb, GHO, EURC, PYUSD, and LUSD.

VISIBILITY EVENT

Participates in Ethereum Foundation conversation about decentralized stablecoins on 2026-02-27 at 5pm UTC alongside Curve and Protocol FX.

4D ago
ONCHAIN METRICS

V2 reached $2 million in revenue.

WHALE ACTIVITY

Vitalik Buterin sold over $8.6M in ETH into LUSD (among other stablecoins including PYUSD, EURC, and GHO) over a 7-day period ending February 25, 2026.

ONCHAIN METRICS

Has approximately $11 million in liquidity across BOLD/stablecoin pairs on mainnet.

5D ago
ONCHAIN METRICS

Stability Pools are generating approximately 7% APR since inception, with the 30-day APR reaching 18%, paid out in BOLD and ETH.

1W ago
TOKEN ECONOMICS

Devotes 25% of its revenue to $BOLD liquidity, with 800,000 BOLD used for this purpose since May.

2W ago
ONCHAIN METRICS

Yields 5-10% APR from borrower interest and liquidation gains, acquiring ETH and LSTs at 5% discount.

PARTNERSHIP

Integrated BOLD stablecoin with 0xprivacypools for private stablecoin transactions and minting cryptostables.

TOKEN ECONOMICS

Distributes 20,000 BOLD tokens weekly to BOLD/USDC liquidity providers on Ekubo, Curve, and Uniswap, with LQTY stakers able to direct these rewards to specific pools.

ONCHAIN METRICS

17% of HAI stablecoin supply is minted using BOLD-LUSD as collateral.

VISIBILITY EVENT

Participated in The Rollup Co discussion with svobodamichael on BOLD, scheduled February 9, 2026.

1M ago
TECH EVENT

Launched BOLD stablecoin in May 2025 as an upgrade to the borrowing protocol.

VISIBILITY EVENT

Received A- rating from Bluechip with perfect 1.0 scores in management, decentralization, and governance, outranking USDC and DAI (B+), and identified as without counterparty risk.

TECH EVENT

Adopted ENS-based naming across core smart contract infrastructure in Liquity V2, with each contract assigned a structured ENS name reflecting its function.

2M ago

A Liquity V2 licensed fork called Enosys launches on Flare Networks with over 200 troves created within 24 hours, offering stability pools and a CDP/USDT pool with 90%+ APR.

Users can borrow USDaf against ysyBOLD collateral.

New sBOLD markets go live on Spectra, offering Principal and Yield Tokens and sBOLD Pool access on Mainnet.

New sBOLD market launches on Spectra Finance with June 2026 expiry, offering fixed yield via Principal Tokens, fork exposure via Yield Tokens, and liquidity provision opportunities.

The wstETH Stability Pool delivers 12.6% APR over the last 90 days, performing 6% ahead of other venues on Mainnet.

A new $BOLD dashboard goes live with full Sphere integration for tracking current and historical borrow, earn, and risk metrics across DeFi protocols.

BOLD deposits on GyroStable and EkuboProtocol earn 10% APR.

Integrated BOLD pool on Pendle for ysyBOLD, Liquity V2's BOLD stablecoin product, offering up to 30% APR and airdrops.

Aave removes Sky's USDS and DAI as collateral options while LUSD maintains its eligibility on the lending platform.

3M ago

Two experimental HAI/BOLD pools launch on Curve Finance with the StableswapNG pool achieving over 50% liquidity utilization since November 20th.

TVL collapsed nearly 30% over a 90-day period according to new market data.

Analyst @tetra_gamma publishes thesis positioning the project within a "sovereign defi" narrative as the next trend after privacy.

Launches with $7.5M TVL, security vulnerability resolved. Forked by Firm (usf_money) combining Liquity v2 design with multi-collateral system and safety features.

A Liquity fork goes live on Saga blockchain with nearly $1M MUST stablecoin minted, developed in collaboration with Liquity V2 team members including CupOJoseph.

VeloraDEX DAO proposes creating a VLR/BOLD liquidity pool on Base chain using Liquity V2's Protocol Incentivised Liquidity (PIL) feature, with plans to acquire ~$5k of LQTY to redirect BOLD incentives to the pool.

Largest BOLD mints on Liquity V2 in over 2 months, with ETH, wstETH, and rETH borrow rates at 6-month lows.

BOLD/USDC vault goes live on Upshift Finance, curated by Clearstar Labs, offering ~10%+ APR by aggregating yield across Liquity forks and providing exposure to Liquity V2 airdrops plus Upshift points.

Offers BOLD/USDC liquidity pools on Ekubo Protocol (17.6% APR), Balancer v3 + Gyroscope pool (13% APR), Uniswap v4 (~10% APR), Curve (~11% APR), and Uniswap (~12% APR), with yields paid in BOLD or stablecoin rewards.

BOLD/USDC liquidity pool on Ekubo Protocol offers 25% APR with yields paid in BOLD stablecoin.

Liquity App is now live on the dGEN1 App Directory, expanding platform accessibility.

Active LQTY governance vote focuses on BOLD liquidity distribution across multiple DEXs including Curve, Ekubo, Defi Collective on Base, Smardex, Gyroscope, and Uni V4.

BOLD aims to build a leverage trading layer for prediction markets, with current market cap at $6M.

Liquity Protocol participates in panel session at Stable Retreat with Curve Finance, Frankencoin, and Simplicity, with plans to appear at upcoming Stable Summit.

V2 documentation now available in Russian language.

Smart money accumulates BOLD with +$18.6K inflows in the last 24 hours.

Rails Finance provides in-depth data analytics for V2 loan positions.

Liquity V2 records zero redemptions over the past 3 weeks.

Yearn Finance hosts a Twitter Space today with Liquity Protocol and Asymmetry Finance to discuss transparency, security, and risk practices in DeFi.

October Community Rewards program launches, paying content creators for V2/BOLD posts in Discord based on quality and reach. sBOLD and yBOLD are referenced as trackable BOLD-related yield products in the ecosystem.

4M ago

The first Liquity V2 BOLD ecosystem vault launches with Lagoon Finance, providing liquidity across 8+ chains through partnerships with Felix Protocol, Asymmetry Finance, and Beraborrow. 15+ Liquity V2 forks reward BOLD liquidity providers with tokens.

Two new BOLD vaults will launch soon.

Ebisu Finance launches ebuSD-BOLD liquidity pool on Ekubo Protocol, with 750,000 xEBISU incentives for liquidity providers that convert to tokens at a later date.

BOLD borrowing rates drop to 0.5% for some users due to zero redemptions and BOLD maintaining peg, with rates 10x below market average.

Peanut integrates BOLD, enabling users to send BOLD which recipients receive as fiat in their bank accounts, with payments accepted at EFDevcon.

A Liquity Protocol Forks liquidity pool on Curve offers 23.9% APY for deposits of USDaf, BOLD, ebUSD, or USDfi.

Felix Protocol, a Liquity fork with $300M TVL, announces upcoming TGE and 4% airdrop to BOLD users. Alpen Labs, another Liquity fork with institutional backing from Bitcoin VCs, launches in 2025.

Launched yBOLD staking with 6-8% APY, accepting ysyBOLD as collateral to borrow USDaf. sBOLD and yBOLD auto-compounding products deliver approximately 10% APY. Integrated with Cowboy Vaults, using Liquity Protocol v2 to supply rETH as collateral and mint BOLD tokens, providing approximately 8% APR yields in BOLD through Stability Pools, sBOLD, and yBOLD deposit options.

CoinGecko changes the token listing from 'Liquity BOLD' to 'BOLD', with the naming update expected to propagate across DeFi platforms.

Liquity v2 coding is complete. USDaf launches as a borrowing product built on Liquity v2 technology, enabling users to borrow against Bitcoin or stablecoins.

BOLD is now available on Euler Finance with a BOLD/USDC pool on EulerSwap and yield-earning lending opportunities for USDC and BOLD on Liquity Hub.

Monthly content creator rewards program launches with 5,000 BOLD allocation for writers and creators covering yield strategies and protocol content. Community participates in livestreamed deployment of 1500 BOLD with voting on allocation strategy.

Votemarket campaigns now feature BOLD in multiple pools including $USDaf + fxUSD + BOLD + USDC, with first rewards for protocol_fx veFXN voters available Thursday.

Liquidity providers earn 16% APR on the BOLD/USDC/USND pool on Arbitrum via Balancer, plus Nerite shells as additional rewards.

Current borrow rates on Liquity V2 are 3% for ETH and 4.5% for wstETH, with Stability Pool depositors earning 48%+ APR; yield-bearing BOLD variants ysyBOLD and sBOLD launch through Yearn Finance and K3 Capital integrations.

Generated 15% returns for stakers from 4 liquidation events since 2025-10-10 by swapping BOLS for collateral, accessible via sBOLD, ysyBOLD, Pendle, or Spectra.

BOLD tokens are available on Base network, with users receiving distributions from Mira and Falcon project airdrops.

YT APY on Pendle spiked to 22,000% for BOLD-related products, and BOLD tokens are available for LP/YT on Spectra Finance.

BOLD stablecoin now leads the stablewatchHQ dashboard, with staking currently earning 5-7% APR paid out in BOLD, ETH, wstETH, and rETH.

gTrade adds LQTY to its trading platform as part of new pair listings.

Liquity V2 processed approximately $3.4M in liquidations during its first major stress test, generating ~3.6% daily APR for wstETH Stability Pool BOLD depositors while the stablecoin maintained its $1 peg.

BOLD supply contracted by 6.9% following 3 liquidations, while the stablecoin maintained its peg with less than 1% deviation.

LQTY token now available for trading on gTrade platform.

USDaf now holds over 60% of staked yBOLD, while a looping strategy offers approximately 50% APR on stables.

BOLD yield data is now available on DefiLlama analytics platform for tracking yield opportunities.

BOLD has reached an all-time high (likely in supply based on recent context), with the next milestone target set at 50M.

HAI partnership with BOLD announced as upcoming initiative, indicating new integration or collaborative program launching soon.

5M ago

BOLD stablecoin now available on Berachain with LPs earning 30% APY on BOLD / NECT / HONEY stable pool plus InfraredFinance points through auto-compounding vault.

LQTY stakers can now vote on a new Merkl PIL initiative to provide BOLD rewards for Uniswap V4 liquidity providers, with voting deadline approaching.

OrkiFi announces reward program for BOLD users, offering additional SWELL rewards for providing BOLD/USDK liquidity on Velodrome Finance.

BOLD supply is approaching all-time highs, and current borrowing rates for BOLD against ETH have dropped to as low as 1.7%.

BOLD LP receipts from the NECT | BOLD | HONEY pools on Berachain can now be deposited into Beraborrow for additional yield stacking opportunities beyond the base pool rewards.

Asymmetry Finance's stable pool featuring BOLD reaches $1MM TVL in under a week via FXN bribing strategy.

Community rewards program expands to Farcaster with $BOLD tipping functionality through noicedotso integration.

BOLD token can now be used as collateral through Yearn's ysyBOLD on Asymmetry Finance, earning 6.5% yield while borrowing USDaf at 1.5%, enabling a leveraged strategy for up to 50% APR.

A new liquidity pool featuring BOLD, fxUSD, and USDC launches on Curve with attractive yields.

A new PIL proposal launches a BOLD/USDC pool on Uniswap v4 with Merkl, featuring a reward distribution of 75% for fees, 20% for BOLD liquidity, and 5% for USDC liquidity. LQTY stakers can vote on this proposal starting tomorrow while LPs can already begin depositing.

BOLD token is now listed on CoinMarketCap.

A new EUR-pegged stablecoin project called gEURO is being developed as a Liquity v2 fork by GnosisDAO on Gnosis Chain.

A LQTY<>BOLD liquidity pool is available with $48k TVL and high APR.

Liquity V2 AMA scheduled for today at 9 PM featuring guest speaker Kudasai.

BOLD token bridging to Swell Network is now available, with new liquidity provision opportunities on Velodrome Finance offering ORKI token rewards.

BOLD stablecoin launches on Swellchain platform.

Active community rewards program compensates contributors with BOLD tokens, including payments to influencers and translators for promotional activities.

BOLD stablecoin launches on HyperEVM with Curve liquidity integration and Felix points rewards program.

Liquity Protocol releases airdrop APR dashboard on Dune Analytics showing estimates up to 70% APR, making yield tokens particularly attractive.

Liquity V2 participants (currently 1,000) will receive airdrops from 15+ partner projects including Felix Protocol, Nerite, Ebisu Finance, Asymmetry Finance, and OrkiFi.

New incentive program launches with 36,400 gEKUBO rewards across 18 liquidity pairs, including MEV-resistant pools and double incentives for select pairs.

New Liquity V2 fork Ebisu announces 6M token distribution to BOLD users with planned expansion to Plasma Foundation.

6M ago

DeFi savings account launches offering 5.33% APR paid in BOLD tokens with zero counterparty risk and ETH redeemability guarantee.

Major DeFi collaboration formed with Aave, Curve Finance, and f(x) Protocol to address Ethereum's stablecoin security risks.

Lending deposits approach 1-year high while price declines, creating notable divergence.

DAO approves 3-month extension of voter incentives and launches new LP rewards for EKUBO/BOLD and LQTY/BOLD pairs.

New ETH Super-Basis yield strategy offers 21% returns through integration with Maple Finance and Drift Protocol