= 0.000046828450 BTC
(-7.92%) | =
0.000730281583 ETH
(-8.95%)
Low: $1.3219High: $1.3689
24H
24H Low / High
7D Low / High
30D Low / High
90D Low / High
Market Cap$316,258,360
Fully Diluted Valuation♾️
24H Spot Volume$89,889,815
24H Volume / Market Cap0.28
(+33.33%)
Circulating Supply239,009,242
Total Supply1,071,685,746
Max Supply♾️
Project Start Date2022 May
1H-1.31%
24H-6.03%
7D-5.43%
30D-23.67%
90D+2.95%
180D-45.02%
1 Y-
YTD+3.34%
What is Terra (LUNA)
Terra is an open-source blockchain on Cosmos adopting a proof-of-stake consensus. $LUNA is the native governance and staking token on Terra.By TokenInsight Research
May 8: After a series of massive UST dumps on Terra’s lending protocol Anchor and stable coin exchange protocol Curve, UST fell to $0.985 on Saturday.
LFG pledges to lend market makers $750 million in BTC to defend the UST peg and another $750 million in UST to purchase back BTC after volatility has subsided.
May 9: After UST tries to rebound to $1, deposits on the Anchor protocol drop below $9 billion from $14 billion. The protocol’s token, ANC, dropped 35% during the day.
UST loses its $1 peg for the second time, falling to as low as 35 cents.
May 10: Claims that UST’s depreciation results from a Soros-style campaign start to surface.
May 11: More than half of traders (58%) put futures bets on higher LUNA prices despite Tuesday’s dip, resulting in $63 million in liquidations.
LUNA approaches price levels last seen in August 2021 on May 11th. Over two days, the value of Anchor, Terra’s largest decentralised finance (Defi) platform, has dropped by $11 billion.
Do Kwon has been identified as one of the pseudonymous co-founders of the failed algorithmic stablecoin Basis Cash, according to CoinDesk.
May 12: The price of LUNA drops 96% in one day, to less than 10 cents.