Piggy is a decentralized borrowing protocol that offers interest-free, efficiently collateralized loans backed by $BNB. Unlike competing DeFi lenders, Piggy runs liquidations by making use of a Stability Pool mechanism instead of auctions, which allows it to make more efficient use of capital and offer loans with minimum collateral ratios as low as 110%.
Loans on Piggy are drawn in $PUSD, a dollar-pegged stablecoin. Any user (borrower or otherwise), can deposit $PUSD in the Stability Pool to become a Stability Provider and earn $PIGGY rewards while doing so. When participating in the Stability Pool, users will gradually see their $PUSD balances decrease while also seeing their $BNB (and $PIGGY) balances increase. These changes come from Stability Providers receiving pro-rata shares of $BNB when liquidations happen, along with a continuous stream of $PIGGY rewards.
$PIGGY is the secondary token of the protocol, which can be staked to receive a share of protocol fees from loan originations, and $PUSD redemptions. In due time, following the principles of progressive and orderly decentralization, $PIGGY will also be used to participate in the protocol’s governance-minimized decentralized autonomous organization and vote on matters like Upgrades, Treasury policies, and Contributor grants.
What is the highest value Piggy (PIGGY) has ever reached?
Piggy (PIGGY) reached its peak price at 0.1884 $ on 14 November 2025, approximately a few seconds ago ago. Presently, the current price is -99.81% lower than this all-time high.
What is the historical minimum price for Piggy (PIGGY)?
The minimum price reached for Piggy (PIGGY) was 0.0001091 $, documented on 14 November 2025, more than a few seconds ago. In comparison, the current price is 215.37%, it above this historical low.
What is the fully diluted valuation of Piggy (PIGGY)?
The fully diluted valuation (FDV) of Piggy (PIGGY) stands at $ 34,423. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 100,000,000 PIGGY tokens. The realization of this FDV might take several years depending on the emission schedule of PIGGY tokens.