Liquid price

LBTC

The Liquid Network (Liquid) is an open-source Bitcoin sidechain and layer-2 solution that is focused on building Bitcoin capital markets. Liquid enables faster, more confidential transactions and the issuance and exchange of digital assets like stablecoins, tokenized securities, and bonds.

Liquid was conceptualized in 2014 by Dr. Adam Back and other cypherpunks at Blockstream, making it Bitcoin's first sidechain. Liquid shares its codebase with Bitcoin to create a secure, cryptographically robust protocol, complementing Bitcoin and extending its use cases into capital markets.

Today, Liquid remains one of Bitcoin’s leading second-layer protocols, providing an advanced toolkit to developers who want to offer easy, confidential payments and innovative financial products on Bitcoin. It also serves as a sandbox for pioneering new Bitcoin technologies, with upgrades like Schnorr signatures, OP_CSV, and SegWit, first coming to life on Liquid.

Liquid's native token is Liquid Bitcoin (LBTC), accessed via a secure two-way peg (bridge) built into the open-source protocol. All LBTC is verifiably backed one-to-one with Bitcoin (BTC) and can be publicly audited on the blockchain.