BOLD Price

Liquity BOLD (BOLD) is a cryptocurrency launched in 2025 that functions as a fully redeemable, USD-pegged stablecoin engineered for the decentralized lending ecosystem.

The token anchors the Liquity borrowing apparatus, where users lock ETHm, wstETH, or rETH as collateral to mint BOLD-denominated loans. Borrowers set their own interest rates, a departure from the static fee schedules that dominate most lending protocols. Each loan must maintain a collateral ratio above 110%, with undercollateralized positions liquidated by a Stability Pool of BOLD depositors and by fellow borrowers who act as guarantors of last resort.

Liquity BOLD operates on the Ethereum network, with additional deployments on Base and the OP Mainnet. Its token standard ensures instant interoperability across any EVM-compatible environment.

The asset is an ERC-20 token, natively compatible with the sprawling infrastructure of Ethereum Virtual Machine chains—Arbitrum and HyperEVM included. Under the hood, the protocol’s Stability Pool stands as the primary defense: a communal deposit of BOLD that automatically swallows risky debt, distributes seized collateral to depositors, and keeps the system solvent without central intervention.

The Liquity team, known for its first-generation stablecoin LUSD, introduced BOLD on May 18, 2025. The deployment signified a philosophical shift—from a rigid, base-rate-determined loan model to one where interest rates emerge from a competitive debtor market. No individual founders are publicly highlighted, keeping focus on the openly verifiable smart contracts.

The protocol pursues fully decentralized, overcollateralized parity with the US dollar, stripping away the governance layers that normally dictate borrowing terms. By rendering interest rates endogenous—a direct function of borrower demand and risk appetite—BOLD fragments the monopoly that algorithmic or centrally managed stablecoins hold over credit issuance. It is a quiet rebuke to the notion that stablecoins require managers.

Mechanically, BOLD is minted against locked collateral and destroyed to reclaim that collateral, with the protocol enforcing a hard 110% floor at all times. Stability Pool depositors stake BOLD to absorb liquidations; in return, they capture the discounted collateral of defaulted borrowers. The token’s perpetual redeemability at face value—one BOLD for $1 of the underlying basket—creates a reflexive arbitrage loop that disciplines the market price.

A borrower wanting leveraged exposure to Ether or liquid staking tokens mints BOLD by overcollateralizing, pays the chosen interest rate, and later repays to unlock the deposit. Risk-tolerant users supply BOLD to the Stability Pool, earning collateral surpluses whenever a loan falls below 110% and gets force-closed. Holders who spot a disconnect below peg can redeem BOLD directly through the smart contracts, pocketing the difference.

Liquity BOLD has a total supply of 34,075,557.69 tokens. Currently, 34,075,557.69 are in circulation. With a market capitalization of $34,040,967.00, Liquity BOLD ranks #615 among all cryptocurrencies.