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TerraUSD

TerraUSD UST

coin
TerraUSD Price (UST)
$0.0134
0.05% Buy UST

0.00000705 ETH

0.000000493 BTC

Low: $0.0133
High: $0.0135
24h
Market Cap
$131,686,679
0.05%
Fully Diluted Market Cap
$131,882,134
0.05%
Volume
24h
$2,130,032
8.23%
Volume / Market Cap
0.0162
Circulating Supply
9,796,336,454 UST
Max Supply
--
Total Supply
9,800,121,931
TerraUSD UST
Price: $0.0134
0.05% Buy UST
Price: $0.01
0.05%
Buy UST

TerraUSD (UST) Social Signals & Traffic Tracker

TerraUSD twitter
Twitter Stats
Visit Twitter

Followers

0.21%

Joined at Jul 25, 2018

Following

531

0.00%

Tweet count

6,995

0.36%

TerraUSD reddit
Reddit Stats
Visit Reddit

Subscribers

5.88%

Joined at Mar 23, 2021

Subreddit type

public

Moderators

1

0.00%

TerraUSD telegram
Telegram Stats
Visit Telegram

Members

0.69%

Title

Terra Classic - $LUNC

TerraUSD traffic
Website Traffic
Visit Website

Website Rating (DR)

77 / 100

0.00%

Ahrefs Rank

25,396

4.54%

Organic Traffic (mo.)

0

0.00%

TerraUSD github
GitHub Organization
Visit GitHub

Public repos

Created at May 30, 2021

Type

Organization

TerraUSD github
GitHub Public Repository

Stars

-

Watchers

-

Forks

-

Language

-

Currently, official TerraUSD (UST) GitHub Public Repository doesn’t exist or wasn’t submitted. 🔆

These are the project's quantitative metrics of its Organizational GitHub Public account that can be used to trace regular or artificial development activity & growth within the project.

These are the project's quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.

These are the project's quantitative metrics of its official Telegram account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Twitter account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project's quantitative metrics of its official Reddit account that can be used to trace regular or artificial Social activity & growth within the project.

These are the project website's metrics based on Ahrefs Rank. They're used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project's website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic - is a metric of how many monthly users visit the project's website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Followers: 1,081,462

Members: 88,834

TerraUSD Price Statistics

TerraUSD Price
$0.0134
Price Change 24h
$0.00000672
0.05%
24h Low / 24h High
$0.0133 /
$0.0135
All Time High
Jan 30, 2021 (2 years 4 months ago)
$1.05
98.72%
All Time Low
Dec 11, 2022 (5 months 3 weeks ago)
$0.0055
142.97%
Trading Volume 24h
$2,130,032
8.23%
Volume / Market Cap
0.0162
Market Dominance
0.01%
Market Rank
#215
Market Cap
$131,686,679
0.05%
Fully Diluted Market Cap
$131,882,134
0.05%

Live UST Price Analysis

The current real time TerraUSD price is $0.0134, and its trading volume is $2,130,032 in the last 24 hours. UST price has grew by 0.05% in the last day, and decreased by 6.53% in the last 7 days. It’s important to note that current TerraUSD market capitalization is $131,686,679, Talking about circulating supply, UST has 9,796,336,454 coins. Currently, TerraUSD rank on the market is #215.

TerraUSD price today is 98.72% below all time high, and it is 142.97% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling UST are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is TerraClassicUSD (USTC)?

TerraClassicUSD coin is a no longer functional stablecoin that runs on the Terra Classic blockchain. The previous functional version of the TerraClassicUSD coin was TerraUSD (UST), and it was pegged to the US dollar at a 1:1 rate.

If you're interested in the current TerraClassicUSD price, as well as its historical performance at the time of the 2022 crash, check out the USTC price chart above.

TerraUSD was an algorithmic stablecoin. It employed LUNA, which is a parallel floating-rate currency, to back up its peg to the US dollar. The holders of TerraUSD could deposit their coins and earn profit through an experimental lending project called Anchor.

Anchor is a decentralized savings protocol that provided low-volatile yields on TerraUSD deposits. Users were able to generate around 20% of interest with the Anchor protocol. The rewards were gathered using staking rewards from significant Proof-of-Stake (PoS) blockchains and interest that borrowers paid.

However, on May 9, 2022, the asset depegged, and the TerraClassicUSD price fell below $1. Why did this happen? People began exchanging their UST stored on the Curve pool for other stablecoins once UST started trading significantly below $1.

Due to numerous sizable withdrawals from Anchor and the Curve cryptocurrency exchange, TerraUSD's peg to the dollar started to fall apart completely. Both LUNA and USTC prices fell to almost zero within days.

In an effort to halt the spiraling decline of UST, Terra was obliged to mint even more LUNA as a result of this downward pricing pressure. This eventually cut the LUNA price without reestablishing the peg to UST. Unfortunately, Terra was not able to win back public confidence in UST, even after a $1.5 billion sale of BTC from Terra's treasury.

Do Kwon offered a revival plan after the UST depegged. Based on the plan, the Terra blockchain would be split into two chains – a new version of Terra and an old one. Once the community approved this plan, the majority of the dApps that ran on the old version of Terra were ultimately transferred to the new one.

The new blockchain is now referred to as Terra, or Terra 2.0, while the old blockchain was renamed Terra Classic. Do Kwon claims that USTC tokens will not migrate to the new Terra blockchain. Besides, there are no plans to release a new version of the algorithmic stablecoin. Therefore, the TerraClassicUSD token is effectively no longer a stablecoin, and it is not anticipated that the USDC price will ever be pegged to the US dollar again.

Terra Blockchain

Considering the Terra blockchain overall, it's important to mention that it provides users with decentralized applications (dApps) and cutting-edge developer tools. The native token of Terra is LUNA. Besides that, several stablecoins linked to popular fiat currencies power Terra's financial system.

Terra employs a Proof-of-Stake consensus mechanism, which allows users to stake LUNA tokens this way, earning a right to operate validator nodes, which approve and create new transaction blocks.

Besides, Terra employs such technologies as Mantlemint, Terrain, and Terra Station. Due to Terra's permissionless and borderless economy, anyone with an internet connection can access its products.

Talking about its products, in November 2020, Terra launched a TerraSwap, which is an AMM-based DEX. Besides that, in December 2020, it launched a Mirror Protocol. The protocol essentially is a synthetic asset exchange that uses mirror assets, known as mAssets, to track, issue, and trade real-world assets. By minting and trading mAssets on Terra, it was intended to increase TerraUSD's acceptance.

The Previous Version of TerraClassicUSD (TerraUSD)

The creation of TerraUSD (UST) was intended to benefit the Terra community and provide DeFi with a scalable alternative in the face of severe scaling issues that other stablecoins were experiencing. TerraUSD promised more comfortable interchain usage, accurate interest rates, and better scalability.

TerraUSD belonged to the Terra blockchain, which was founded in 2019 by Do Kwon and Daniel Shin. In 2020, they launched the TerraUSD coin in collaboration with Bittrex Global. Do Kwon is a crypto developer. Prior to launching Terra, Kwon worked as a software engineer at Microsoft and Apple. Daniel Shin is an entrepreneur and an economist. He also co-founded and managed such projects as Fast Track Asia and Ticket Monster.

TerraUSD offered more than one benefit in comparison to its competitors. The main benefits it provided included its interoperability, passive income potential, exchange to TerraKRW, and scalability.

Talking about interoperability, TerraUSD employed the Dropship bridge protocol, which integrated UST into various DeFi platforms and allowed users to move UST between different chains.

In terms of passive income, as mentioned before, the Anchor protocol employed by TerraUSD allowed users to earn up to 20% interest on their UST holdings.

Furthermore, TerraUSD could be exchanged for TerraKRW, which was a stablecoin pegged to the Korean Won instead of the US dollar.

Lastly, TerraUSD was highly scalable due to its minting mechanism since all you needed to do was burn 1 LUNA token in order to issue a new UST token.

Unfortunately, after around 2 years of its existence, the TerraUSD crypto project failed. In a very short time span, the TerraClassicUSD price plummeted from $1 to practically nothing.

What's TerraUSD trading volume in the last 24 hours?

UST has a trading volume of $2,130,032 in the last 24 hours.

What's TerraUSD highest price ever?

UST has a highest price of $1.05, which was reached on Jan 30, 2021 (2 years 4 months ago).

What's TerraUSD lowest price ever?

UST has a lowest price of $0.0055, which was reached on Dec 11, 2022 (5 months 3 weeks ago).

What are the best exchanges for buying and selling UST?

Currently, the most active and dominating exchanges for buying and selling TerraUSD are Binance, Kraken & Kucoin. The most popular TerraUSD trading pairs are USTC/BUSD (on Binance ), USTC/USDT (on Bitget ), USTC/USDT (on KuCoin ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping UST?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping TerraUSD. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Current market Price of a specific cryptocurrency.

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The cryptocurrency's market Price changes in percent within the last 24 hours (1 day).

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The highest historical cryptocurrency value.

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The lowest historical cryptocurrency value.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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Market Capitalization is the overall value of all coins/tokens that have been mined or issued until now and are in circulation (not locked). It's similar to the stock markets' Free-Float Capitalization.

Market Capitalization = Circulating Supply x Current Price.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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FDMC is the Market Cap if the Maximum Supply of a coin/token was entirely in circulation.

FDMC = Max Supply x Current Price.

Note: if Maximum Supply is not available or limitless, Total Supply is used to calculate the value. FDMC will be undefined and marked as "--" if no form of Supply is available.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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It is a quantitative metric calculating how many individual units of specific cryptocurrency coins/tokens were traded (bought & sold) within the last 24 hours. It's a direct cryptocurrency's supply & demand indicator, and is purely related to its market price.

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The current cryptocurrency Market Capitalization Dominance among all other cryptocurrencies in the market.

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The ratio of Volume and Market Capitalization values.

The ratio of Volume and Market Capitalization values.

Publicly circulating amount of specific cryptocurrency coins/tokens that were mined or issued to date, and are not locked/staked (are available to be traded publicly).

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Verified Data

TerraUSD project's Circulating Supply has been verified and is equal to:

Circulating Supply

9,796,336,454 UST

The absolute theoretical maximum number of coins/tokens that is coded and will ever exist in the cryptocurrency's lifetime. Similar to stock market's Fully Diluted Shares.

Note: Max Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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The quantity of all coins/tokens that have ever been issued (even if the coins are locked), minus all coins/tokens that have been removed from circulation (burned). The Total Supply is similar to stock market's Outstanding Shares.

Total Supply = All Issued Coins - Burned Coins.

Note: Total Supply will be undefined and marked as "--" if project owners did not verify / provide any data.

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Current price of TerraUSD is $0.0134

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