Lybra

LBR Price

What is Lybra about?

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.

What makes Lybra unique?

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.

What can Lybra be used for?

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.

Where can you buy Lybra?

LBR tokens have stopped trading 10 days ago on all exchanges listed on CoinGecko. Information will be updated if market activity resumes.

What is the daily trading volume of Lybra (LBR)?

The trading volume of Lybra (LBR) is $6.02 in the last 24 hours, representing a 0.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Lybra (LBR)?

Lybra (LBR) reached an all-time high of $4.48 and an all-time low of $0.0004498. It’s now trading -100.00% below that peak and 35.50% above its lowest price.

What is the market cap of Lybra (LBR)?

Market capitalization of Lybra (LBR) is $25,824.37 and is ranked #- on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of LBR tokens (42 Million tokens are tradable on the market today).

What is the fully diluted valuation of Lybra (LBR)?

The fully diluted valuation (FDV) of Lybra (LBR) is $56,629.71. This is a statistical representation of the maximum market cap, assuming the maximum number of 100 Million LBR tokens are in circulation today. Depending on how the emission schedule of LBR tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Lybra compare against its peers?

With a price increase of 0.00% in the last 7 days, Lybra (LBR) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar Liquid Staking cryptocurrencies which are up 11.90%.

How to add Lybra (LBR) to MetaMask?

Adding Lybra (LBR) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import LBR as a token. You can copy LBR’s contract address (0xed1167b6dc64e8a366db86f2e952a482d0981ebd) and import it manually, or if you've installed MetaMask's chrome extension, add LBR to MetaMask with one click on CoinGecko.

Add LBR to MetaMask.