Total dollar volume24H $57,685
High24H 0.0122 USDT
Low24H 0.01171 USDT
Market Cap #1365$4,237,259
FDV $12,093,000
Turnover rate 1.36%
Circulating supply 350,389,360
Total supply 1,000,000,000
Max supply 1,000,000,000
All time high date
Mar 19, 2021
Down from All time high -99.86%
Cycle low 0.00445 USDT
Cycle low date
Jun 19, 2023
Up from cycle low 171.75%
A stablecoin deposit with the lending and borrowing technology Anchor technology may yield up to 19.5%. Lenders may deposit their UST and profit from minimal volatility while also earning competitive rates on their investments. Borrowers have the option to convert their LUNA collateral into useful assets while maintaining ownership.
Thus, Anchor Protocol can draw conservative investors seeking high-yield, low-volatility investments and boost UST demand. This helps the Terra project's acceptance in DeFi and the adoption of UST as a stablecoin. The cost of LUNA will rise as Terra, whose creators are behind the introduction of Anchor Protocol, becomes more and more popularity.