The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future.
The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH.
eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence.
A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint EUSD against them, they receive a stable income in stETH of approximately 5%, which is converted to eUSD through the protocol and distributed to them.
eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.
Where is Lybra available for purchase?
You can exchange LBR tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Lybra is Gate, notably the LBR/USDT pair, which saw a trading volume of $ 59,955 in the past day. Additionally, MEXC and Uniswap V2 (Ethereum) are popular alternatives for trading tokens.
What is the highest value Lybra (LBR) has ever reached?
Lybra (LBR) reached its peak price at 4.48 $ on 29 May 2023, approximately 2 years ago ago. Presently, the current price is -99.41% lower than this all-time high.
What is the historical minimum price for Lybra (LBR)?
The minimum price reached for Lybra (LBR) was 0.01253 $, documented on 07 April 2025, more than 5 months ago. In comparison, the current price is 109.54%, it above this historical low.
What is the fully diluted valuation of Lybra (LBR)?
The fully diluted valuation (FDV) of Lybra (LBR) stands at $ 2,60 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 LBR tokens. The realization of this FDV might take several years depending on the emission schedule of LBR tokens.
How to add Lybra (LBR) to MetaMask?
By integrating Lybra (LBR) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import LBR as a token. You can either manually import LBR by copying its contract address (0xed1167b6dc64e8a366db86f2e952a482d0981ebd) or use MetaMask's Chrome extension to add LBR with a single click through P.CASH.
How to add Lybra (LBR) to TrustWallet?
Incorporating Lybra (LBR) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include LBR, you can either manually import it using the contract address (0xed1167b6dc64e8a366db86f2e952a482d0981ebd) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.