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View ChartLiquity BOLD (BOLD) is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol, introduced as part of the Liquity V2 system. It is designed as a DeFi-native dollar that is unstoppable, fully on-chain, and always redeemable for staked ETH. BOLD is backed exclusively by proven crypto collateral — ETH, wstETH, and rETH — and operates through a set of immutable smart contracts on Ethereum. The protocol cannot add additional collateral assets, reinforcing its commitment to decentralisation and transparency.
BOLD is minted when users borrow against their collateral, and it is used to pay out loans. The stablecoin is fully overcollateralised and removes bank, custodian, and censorship risks. With a circulating supply of approximately 36.92 million BOLD and a market capitalisation near $36.76 million, BOLD ranks around #449 among cryptocurrencies. The project launched in 2025 and represents the next evolution of Liquity, building on the success of LUSD from Liquity V1.
BOLD is built by the team behind LUSD (Liquity V1), one of Ethereum's longest-running and most reliable decentralised stablecoins. The project is developed by Liquity AG, the company managing the Liquity Protocol. Key figures include Rick Pardoe, Liquity Protocol Lead Engineer and Co-Founder, who holds degrees in Physics and Economics; Robert Lauko, Founder of Liquity; and Michael Svoboda, CEO of Liquity AG. Team members are reported to have no financial interest in the protocol. The team page is available at https://www.liquity.org/team.
Liquity V2 operates as a decentralised borrowing and stablecoin protocol. The system consists of a CollateralRegistry and multiple collateral branches, each parameterised for specific collateral types including WETH, wstETH, and rETH. Borrowers set their own interest rates, balancing loan costs against redemption risks — a feature described as perhaps the biggest innovation in V2. This proactive rate-setting mechanism guides borrowers to adjust rates ahead of market movements.
BOLD maintains its peg through a redemption mechanism. When BOLD trades below $1, arbitrageurs redeem it for underlying collateral, reducing circulating supply and helping restore the peg. The protocol supports borrowing up to 91% LTV and multiplying exposure up to 11x. Liquity adopted the Chainlink Standard for cross-chain interoperability, enabling BOLD to operate seamlessly across Arbitrum, Base, Ethereum, and Optimism. All smart contracts are immutable and function autonomously on Ethereum.
BOLD is positioned as the most sovereign stablecoin in DeFi, rated A- by Bluechip — outranking USDC and DAI, which both received B+ ratings. It achieves perfect scores in decentralisation, management, and governance. The stablecoin is backed entirely by crypto-native collateral with no banks, custodians, or centralised control. BOLD is immutable, unstoppable, and designed to run as long as Ethereum does.
Unlike many stablecoins, BOLD cannot be censored or frozen, and the protocol cannot add more collateral assets beyond ETH, wstETH, and rETH. All protocol revenue is distributed to BOLD users, and users can earn fork rewards on top. The system is built for free-market borrowing with no governance overhead or trusted intermediaries, giving users full control over their borrowing costs.
BOLD serves as the stablecoin issued in Liquity V2 and is primarily used to pay out loans. Borrowers mint BOLD against their collateral at user-set interest rates. The stablecoin can be staked or provided as liquidity to earn a share of protocol revenues. BOLD is also used across multiple DeFi venues on Arbitrum, Base, Ethereum, and Optimism for trading, lending, and yield generation. Additionally, LQTY holders can stake their tokens to vote and earn rewards, directing protocol incentives while earning from Liquity V1.
The Liquity V2 ecosystem is expanding through multiple channels. Community-hosted frontends include Liquity.App, DeFi Saver, LQTY.IO, and Trove Zero. The protocol has adopted the Chainlink Standard for cross-chain interoperability, enabling BOLD to function across Arbitrum, Base, Ethereum, and Optimism. More than 15 forks are expected to reward V2 users, and Liquity V2 is being relaunched. A December 2025 release introduced shutdown-mode handling across the app, flagging branches shielded from regular redemptions. The BOLD & Earn documentation page was published in February 2026, providing further resources for users.
BOLD is not mined through traditional proof-of-work or proof-of-stake consensus. Instead, it is minted by borrowing against collateral on the Liquity V2 protocol. Users deposit WETH, wstETH, or rETH as collateral and mint BOLD at their chosen interest rate, with borrowing available up to 91% LTV. To earn yield on BOLD, users can stake or provide liquidity to capture a share of protocol revenues, which distributes 100% of protocol revenue to users. LQTY staking also allows participation in voting and earning rewards.
Storing BOLD securely begins with using reputable self-custody wallets that support Ethereum and the networks where BOLD operates, including Arbitrum, Base, and Optimism. Because BOLD is a decentralised stablecoin with immutable contracts, users should verify contract addresses through official sources before interacting with any frontend or application. Hardware wallets provide an additional layer of security for larger holdings. Users should also be cautious of phishing attempts and only use community-hosted frontends that they trust, as Liquity AG does not conduct due diligence on frontend operators. Regularly reviewing approvals and maintaining backups of wallet credentials are recommended practices for safeguarding BOLD holdings.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for BOLD are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Liquity BOLD (BOLD) is A$1.420367. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated BOLD to USD rate at the top of BTCC’s price page. In terms of market scope, Liquity BOLD records a 24h trading volume of A_24h.101406M (reflecting total buying and selling activity over the last 24 hours), with a total market cap of A$50.759017M. Its current circulating supply stands at 35.75M out of a maximum supply cap of ∞.
The price volatility of Liquity BOLD (BOLD) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Reserve Bank of Australia (RBA) or US Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (35.75M) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Liquity BOLD (BOLD) hit an all-time high (ATH) of A$1.452299 on 2025-05-21 17:55, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at A$1.374072 on 2025-11-27 00:15. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading BOLD futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume (A_24h.101406M), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s BOLDUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Liquity BOLD, simply log into your BTCC account with USDT margin available, navigate to the BOLDUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for BOLDUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: A$1.420367), you can practise opening/closing positions, adjusting leverage, and setting TP/SL for BOLDUSDT with zero financial risk.
Trading Liquity BOLD (BOLD) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for BOLDUSDT, and review its live price (A$1.420367) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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