Alpha (ALPHA) price is $0.000617

Alpha (ALPHA) Live Price Data

The live Alpha (ALPHA) price is $0.000617, with a 24 hours Blynex trading volume of 0.38 K. The price of ALPHA changed by +3.34% in the past 24 hours. With a circulating supply of 999.99M ALPHA and a maximum supply of 999.99M ALPHA coins. ALPHA currently ranks #479 in market cap. You have the option to purchase Alpha (ALPHA) on the Blynex exchange.

Market	Price	24h %	24h High	24h Low	24h Volume
ALPHA/USDT	$0.000617	+3.34%	0.000634	0.000562	0.4 K	Trade

Market

Price

24h %

24h High

24h Low

24h Volume

ALPHA/USDT

$0.000617

+3.34%

0.000634

0.000562

0.4 K

Trade

Alpha (ALPHA) is more than just a cryptocurrency; it represents the embodiment of true leadership and resilience. Buying ALPHA on Blynex Exchange is easy: create an account, verify your identity, deposit funds, and start trading. Check out our guide on How to Buy Alpha (ALPHA).

What is Alpha (ALPHA)?

Liquity is a decentralized borrowing protocol on the Ethereum blockchain that allows Ether (ETH) holders to secure interest-free loans. Borrowers receive their loan in the form of Liquity’s stablecoin, LUSD, which is pegged to the USD. Unlike traditional lending platforms that impose ongoing interest, Liquity charges only a one-time fee of 0.5% upon loan issuance. This unique structure makes Liquity an appealing option for users seeking cost-efficient ways to leverage their ETH holdings without worrying about compounding interest.

Algorithmic Stability and Redemption

Liquity relies on algorithmically adjusted redemption and loan issuance fees to maintain system balance and respond to changing market conditions. The protocol operates with a minimum collateralization ratio of 110%, ensuring loans remain adequately backed even during market volatility. If collateral drops below this threshold, the system triggers liquidations to protect the protocol’s stability. These algorithmic features allow Liquity to function autonomously without governance, reinforcing its decentralized and immutable nature.

Non-Custodial and Secure Operations

A key advantage of Liquity is its non-custodial framework, which allows borrowers to retain full control over their ETH collateral. By eliminating the need for third-party intermediaries, Liquity enhances trust and security for its users. The protocol also incorporates a decentralized price feed to accurately track the ETH:USD value, ensuring precise collateral assessments. Additionally, smart contract audits and an active bug bounty program further bolster Liquity’s security, mitigating potential vulnerabilities.

Innovative Stability and Liquidation Mechanisms

Liquity employs a two-tiered liquidation mechanism to safeguard against undercollateralization. In cases where the collateral value drops below the required level, liquidations are facilitated to maintain the protocol’s health. The Stability Pool, containing LUSD tokens provided by users, absorbs liquidated collateral and ensures sufficient liquidity to handle redemption requests. This mechanism is critical for maintaining system resilience during market fluctuations and rewarding stability providers for their contributions.

A Governance-Free and User-Focused Protocol

Liquity’s governance-free model sets it apart from other DeFi protocols, relying solely on smart contracts and algorithmic processes to ensure smooth operation. This approach eliminates the need for centralized decision-making, making the system fully autonomous and immutable. Combined with low fees, interest-free loans, and robust security measures, Liquity positions itself as an innovative solution in the decentralized borrowing landscape, empowering users to leverage their ETH while maintaining trust and efficiency in a decentralized ecosystem.

ALPHA

Alpha

Alpha (ALPHA) Live Price Data

Markets

About Alpha (ALPHA)

What is Alpha (ALPHA)?

Algorithmic Stability and Redemption

Non-Custodial and Secure Operations

Innovative Stability and Liquidation Mechanisms

A Governance-Free and User-Focused Protocol

ALPHA to local currency

ALPHA to crypto currency