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Lybra Finance

Lybra Finance priceLBR

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LBR
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1 LBR = 0.2204 USD
Last updated 2024-05-21 16:09:47(UTC-0)

Lybra Finance price live data summary

The live price of Lybra Finance is $0.2204 per (LBR / USD) today with a current market cap of $0.00 USD. The 24-hour trading volume is $1.66M USD. LBR to USD price is updated in real time. Lybra Finance is +6.23% in the last 24 hours. It has a circulating supply of 0 .

What is the highest price of LBR?

LBR has an all-time high (ATH) of $4.64, recorded on 2023-05-29.

What is the lowest price of LBR?

LBR has an all-time low (ATL) of $0.1657, recorded on 2023-05-08.

Lybra Finance price prediction

Set your prediction

What will the price of LBR be in 2025?

Based on LBR's historical price performance prediction model, the price of LBR is projected to reach $0.4505 in 2025.

What will the price of LBR be in 2030?

In 2030, the LBR price is expected to rise by +6.00%. By the end of 2030, the LBR price is projected to reach $0.6302, with a cumulative ROI of +185.97%.
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Lybra Finance price performance in USD

24h7d30d90d1yAll-time
+6.23%-4.92%-22.59%-56.21%-87.06%--

Lybra Finance price history in USD

TimeLowHigh
24h$0.2040$0.2344
7d$0.1983$0.2569
30d$0.1901$0.3855
90d$0.1795$0.6320
1y$0.1795$4.64
All-time$0.1657(2023-05-08, 1 years ago )$4.64(2023-05-29, 359 days ago )

Lybra Finance market information

Market cap
--
+6.23%
Fully diluted market cap
$22,038,514.46
+6.23%
Volume (24h)
$1,664,571.55
+92.43%
Market rankings
Circulation rate
0.00%
24h volume / market cap
0
Circulating supply
0 LBR
Total supply / Max supply
15,491,597.44 LBR
100,000,000 LBR

Lybra Finance ratings

Average ratings from the community
4.6
100 ratings
This content is for informational purposes only.

About Lybra Finance(LBR)

What Is Lybra Finance?

Lybra Finance is a decentralized finance (DeFi) protocol, aiming to stabilize the DeFi industry through its innovative products. It operates as a Collateralized Debt Positions (CDP) platform, allowing users to collateralize their ETH/stETH to mint the platform’s stablecoin, eUSD, without incurring any fees. This unique approach distinguishes Lybra from other platforms, offering users the ability to mint eUSD and earn passive income through the platform’s inflationary token, all while optimizing the amount of held ETH.

Lybra Finance’s flagship product, eUSD, is an over-collateralized, interest-bearing stablecoin, designed to provide stability and consistent interest to its holders in the volatile cryptocurrency market. It is pegged at a 1:1 ratio to the US dollar and is backed by ETH assets, making it a secure and attractive investment for individuals seeking a stable income stream in the crypto space.

Resources

Whitepaper: https://docs.lybra.finance/lybra-finance-technical-whitepaper-v2/overview/the-lybra-v2-smart-contracts

Official Website: https://lybra.finance/

How Does Lybra Finance Work?

Lybra Finance operates by allowing users to collateralize ETH/stETH and mint eUSD in over-collateralized positions (at 150% or higher) without incurring any fees. The minted eUSD serves as a yield-bearing asset, enabling users to earn passive income paid in the platform's inflationary token, esLBR. The interest from stETH is harvested and used to buy eUSD, which is then distributed to eUSD holders through a rebase mechanism, benefiting those seeking passive income from their held ETH and retailers who want to go long on ETH with zero funding fees.

To maintain eUSD stability around $1, the platform employs a price pegging mechanism, creating arbitrage opportunities for platform users. If eUSD value deviates from the pegged price, users can either buy eUSD on the open market and redeem it for an equivalent amount of ETH on the Lybra platform or collateralize ETH to borrow eUSD and sell it for other stablecoins, capitalizing on the profit when eUSD returns to its pegged value.

What Is LBR Token?

LBR is the governance token of the Lybra Protocol, integrated with LayerZero's OFT standard, allowing it to be bridged to and traded on any supported L2's without any limitations on liquidity. It is an ERC-20 token with a maximum supply of 100,000,000 LBR. LBR plays a central role in the management and operation of the Lybra DAO (Decentralized Autonomous Organization), enabling token holders to participate in governing platform changes, including decisions related to the Treasury, and in managing the protocol and the financial risks of eUSD.

Holders of LBR tokens are rewarded with 100% of the platform's generated revenue and have voting rights within the Lybra Protocol, with the voting weight being proportional to the amount of LBR tokens a holder stakes in the voting contract. This decentralized management promoted by the LBR token has effectively enhanced transparency, stability, and efficiency within the Lybra Finance ecosystem.

What Determines Lybra Finance's Price?

The price of Lybra Finance, like other cryptocurrencies, is determined by a myriad of factors, primarily revolving around market dynamics and user adoption. The cryptocurrency price is inherently volatile, subject to the laws of supply and demand, and can be influenced by cryptocurrency news, market trends, and analysis. For instance, positive news or advancements in the Lybra Finance protocol can lead to increased demand, driving up the price, while adverse events or negative news can result in price declines. Additionally, the price can be influenced by broader cryptocurrency market trends and the performance of other cryptocurrencies, as well as by cryptocurrency regulation developments that can impact investor sentiment and market participation.

Investors interested in Lybra Finance can buy the cryptocurrency on leading exchanges such as Bitget, where they can analyze cryptocurrency charts and conduct cryptocurrency analysis to make informed decisions. Given the inherent risks and the potential for high rewards in the crypto market, price prediction becomes a crucial aspect for both beginners and experienced cryptocurrency enthusiasts. Cryptocurrency experts and influencers often provide insights and predictions based on their analysis of market trends and the overall crypto environment, aiding investors in navigating the crypto market volatility and managing their crypto portfolios effectively. However, potential investors should approach price predictions with caution, conducting their research and considering various factors, including cryptocurrency security, risks, and the potential for scams, before deciding if Lybra Finance is a good investment for 2023 and beyond.

How to buy Lybra Finance (LBR)

Buying Lybra Finance on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Lybra Finance (LBR) .

Trade LBR perpetual futures

After having successfully signed up on Bitget and purchased USDT or LBR tokens, you can start trading derivatives, including LBR futures and margin trading to increase your income.

The current price of LBR is $0.2204, with a 24h price change of +6.23%. Traders can profit by either going long or short onLBR futures.

Join LBR copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or LBR tokens, you can also start copy trading by following elite traders.

Lybra Finance news

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Lybra Finance token (LBR) price is now $0.28, up more than 54% in 24 hours

Bitget2024/05/09 14:51
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LBR price drops by 44%, with some large holders selling off tokens

2024/02/04 03:34
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Multiple top stakers on LBR sold their holdings, and LBR price dropped 44% in the past 7 days

Cointime2024/02/04 03:05
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Lybra Finance: TVL decline is caused by user behavior, protocol security

Cointime2024/02/04 00:25
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PEUSD, the stablecoin issued by Lybra Finance, detached to 0.8218 USDT

Cointime2024/01/29 00:36

People are also inquiring about the price of Lybra Finance.

What is the current price of Lybra Finance?

We update our Lybra Finance to USD price in real time. Get the live Price of Lybra Finance on Bitget.

What is the 24 hour trading volume of Lybra Finance?

Over the last 24 hours, the trading volume of Lybra Finance is $1.66M.

What is the all-time high of Lybra Finance?

The all-time high of Lybra Finance is $4.64. This all-time high is highest price for Lybra Finance since it was launched.

Can I buy Lybra Finance on Bitget?

Yes, Lybra Finance is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Lybra Finance guide.

Can I get a steady income from investing in Lybra Finance?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Lybra Finance with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Lybra Finance online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Lybra Finance, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Lybra Finance purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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LBR is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support LBR trades.
You can trade LBR on Bitget.

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LBR resources

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