Share this article
Stablecoin Lender Liquity's Token Rises 35% on Binance Listing
LQTY hit a 10-month high of $1.82 as trading volume surged by 382%.
Updated May 9, 2023, 4:09 a.m. Published Feb 28, 2023, 11:07 a.m.
LQTY, the native token of stablecoin lender Liquity, soared 35% Tuesday after it was listed on crypto exchange Binance's Innovation Zone.
At the time of writing, LQTY was changing hands at a 10-month high of $1.82 as trading volume surged by 382%, according to CoinMarketCap.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Bitcoin (BTC) and tether trading pairs will go live on Binance at 11:00 UTC on Tuesday along with a USDT derivative pair.
The Liquity token rose 45% earlier this month after the New York State Department of Financial Services ordered Paxos to stop minting its centralized dollar-pegged cryptocurrency BUSD.
Liquity is an Ethereum-based protocol that offers interest-free loans in the form of the LUSD stablecoin for users who deposit ether (ETH).
The protocol has $596 million in total value locked, according to DefiLlama.
Binance's Innovation Zone is a venue where users can trade new tokens that are likely to have higher volatility and pose a higher risk than other tokens, according to Binance's website.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
