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Terra LUNA

$0.1779879

-3.05% (24h)

Marketcap

$126,368,630

Volume 24h

$211,418,351


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Description

Luna (LUNA) is the native cryptocurrency of the Terra blockchain, a decentralized platform designed for creating stablecoins and financial applications.

Launched in 2018, Luna is used to maintain the stability of Terra's stablecoins and participate in network governance.

LUNA, the platform's native token, is used for staking, transaction fees, and as collateral for Terra's stablecoins.

Luna aims to provide a stable and scalable infrastructure for decentralized finance (DeFi) and other blockchain-based applications.