LiteUSD Price Today

Price LITE to USD now is $11.32. Trading volume by 24-hours $202.460. LiteUSD, which_ranked #10000 price is up 5.02% in the past 24-hours. LiteUSD has circulating supply of $0 and have $0 capitalization.

Highest price for LiteUSD

The all-time high price of LITE is $34.83, the record was set on the 0.

Lowest price for LiteUSD

LITE all-time low price is $0.501, the record was set on 0.

How much has the price of LiteUSD changed lately?

7 days ago the price was $15 , this changed the LITE price by 31.86824%

14 days ago the price was $14 , this changed the LITE price by 28.02957%

30 days ago the price was $11 , this changed the LITE price by 0%

60 days ago the price was $11 , this changed the LITE price by 0%

1 days ago the price was $11 , this changed the LITE price by 0%

What is LiteUSD

LITE is used as the initial token of the LUSD protocol to mint the decentralized stablecoin - LUSD and to balance the price fluctuations of LUSD. LITE is the price counterpart of the stablecoin LUSD, and simply put, the amount of LUSD that can be minted in a single LITE is directly determined by the Token's price. LITE is issued on the Binance Smart Chain, with a total of 100 million units issued. 1million LITE will be taken out after issuance and added to the initial liquidity pool, with a ratio of 1 million USDT:1million LITE, and the remaining 99 million locked into the "Treasury" contract, which will be managed by Fist community members. LITE minted LUSD stablecoin based on its own price. LITE uses a price minting mechanism that relies on algorithms to ensure flexibility of stablecoin is backed by LITE.