Lithium Price
(LITH)
USD($)
Lithium (LITH) Live Price Chart
Overview
About
Analysis
FAQ
Lithium Live Price Data
The live price of Lithium is $0.0002960, with a total trading volume of $ 36,762 in the last 24 hours. The price of Lithium changed by +10.23% in the past day, and its USD value has decreased by -25.18% over the last week. With a circulating supply of 5.24B LITH, the market cap of Lithium is currently 1.56M USD, marking a --% increase today. Lithium currently ranks #-- in market cap.
How do you feel about Lithium today?
Note: This data is for reference only.
Lithium(LITH) Profile
Rank--
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0x188e81...a42
Audited By
- https://www.certik.com/projects/lithium
Code & Community
Investors
- Alameda Research
- Pantera Capital
- Huobi Capital
- Divergence Ventures
- Hashed
- NGC Ventures
- Coin98 Ventures
- Shima Capital
- OKEx Blockdream Ventures
- LongHash Ventures
- AU21 Capital
- FBG Capital
- ZBS Capital
- Vendetta Capital
- Petrock Capital
- Vessel Capital
$0.0002399
$0.0002991
- ATH
- $0.0582067
- Price Change (1h)
- +1.02%
- Price Change (24h)
- +10.23%
- Price Change (7d)
- -25.18%
- Market Cap
- $1.56M
- 24h Volume
- $36,762
- Circulating Supply
- 5.24B
- Max Supply
- --
About LITH
How can I buy Lithium (LITH)?
Buying LITH on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Lithium (LITH) for more information. What Is Lithium Finance (LITH) Crypto?
Lithium Finance is a blockchain-based financial platform that addresses the challenge of information asymmetry in pricing data for illiquid assets. It serves as a decentralized data oracle solution that leverages collective intelligence to regularly price assets that lack liquidity in traditional markets.
It focuses on assets that are difficult to value in the real world, such as pre-IPO stocks, private equity, and non-current assets. Lithium Finance leverages collective wisdom by drawing knowledge from a wide range of users to answer questions regarding these assets.
Lithium Finance aims to enhance the accessibility of pricing data and provide a platform where users can make informed decisions about illiquid assets. It helps bridge the gap between illiquid assets and the broader financial market, enabling better decision-making and investment strategies.
At the core of Lithium Finance is its native token, LITH. This token plays a central role in the platform's crypto-economy. It facilitates various functions within the ecosystem, such as pricing assets and ensuring that accurate and up-to-date information is available for users.
How Does Lithium Finance Work?
Lithium Finance is a decentralized asset pricing mechanism that utilizes collective intelligence to estimate the prices of illiquid assets. Here's how it works:
Collective Wisdom
Lithium Finance leverages the collective wisdom of market participants. It incentivizes users to estimate the pricing of assets that are typically challenging to value.
Wisdom Seekers
Wisdom Seekers are individuals or entities that pose questions regarding the pricing of specific assets. They offer LITH tokens as a bounty for answers to these questions. By providing a higher bounty, Wisdom Seekers increase the likelihood of receiving a response.
Wisdom Nodes
Wisdom Nodes, on the other hand, are individuals who provide answers to the questions posed by Wisdom Seekers. They participate by pledging LITH tokens to demonstrate confidence in their answers. The DMI mechanism attempts to reach a consensus by asking specific questions to gather collective wisdom.
DMI Mechanism
Lithium Finance harnesses a mechanism known as the Decentralized Market Intelligence (DMI). This mechanism gathers accurate information from various data sources to discover prices for illiquid assets.
Human Input and Machine Learning (ML)
To provide NFT valuation swiftly, Lithium Finance combines human input and machine learning. This combination enables accurate asset pricing.
Economic Incentives
Market participants are brought together through economic incentives. They contribute their estimates of pricing for illiquid assets on demand.
History of Lithium Finance and LITH Coin
According to the Lithium Finance roadmap, Phase 1 and 2 of the project were completed successfully in 2022, when the testnet and mainnet beta of the project were launched. The Lithium Finance team completed the recruitment of pricing experts, developed the pricing algorithm and reputation system, reward mechanism and on-chain distribution, proprietary machine learning, pricing and API for NFT full collection, and forged initial partnerships.
Phase 3 in H1 2023 saw the Lithium Finance protocol roll out AI and DAO updates, including enhancing AI and Crowd Wisdom, demo of new analytics tool, public access to smart contract functions, further decentralization, support for multichain NFT collections, NFT financialization and DAO transformation, and set up of DAO governance infrastructure.
As of November 2023, the project is in Phase 4 (H2 2023), where the key focus is on empowering the Lithium Finance community. The team will launch the Lithium Finance DAO, start reviewing initial governance proposals, roll out multichain support for LITH on select exchanges, and explore real-world applications for its technology.
What Is LITH Token Used for?
$LITH is the native token of the Lithium Finance ecosystem and serves the following purposes:
Rewards and Incentives
LITH tokens are used as rewards and incentives within the platform. Users can earn LITH tokens by providing accurate information for asset pricing, contributing to the community, and participating in the ecosystem's activities.
Staking LITH on Lithium Finance
Users can stake their LITH tokens, which can serve as a form of collateral and a way to demonstrate confidence in the accuracy of asset pricing.
Create a Bounty System
The LITH token is used to create a bounty system. Those seeking answers to questions about the price of assets can use LITH tokens to provide a bounty, encouraging individuals with expertise to provide accurate pricing information.
Governance of Lithium Finance DAO
LITH token holders can participate in the governance of the Lithium Finance DAO. This allows the community of LITH token holders to make decisions about the platform's operations and future developments.
Liquidity Mining/Yield Farming
Users may be able to provide liquidity to liquidity pools within the Lithium Finance ecosystem and earn LITH tokens as a reward. This process, often referred to as liquidity mining or yield farming, incentivizes users to contribute to liquidity and the overall functioning of the platform.
Trade or HODL LITH on KuCoin
Trade Lithium Finance token on the KuCoin Spot Market to make the most of changing market conditions and volatility. Buy or sell LITH, or hold it long-term if you believe in the future potential of the Lithium Finance project. Ensure that you DYOR before you undertake any investment decision in the crypto market.
Lithium (LITH) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.0000274 | 10.23% |
| 7 Days | $-0.0000997 | -25.18% |
| 30 Days | $0.0000809 | 37.64% |
| 3 Months | $0.0001295 | 77.79% |
24H Investment Barometer
24H
- Neutral
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
Strong SellSellNeutralBuyStrong Buy
Lithium Conversion Rate
FAQ
How much is 1 Lithium (LITH) worth?
KuCoin provides real-time USD price updates for Lithium (LITH). Lithium price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time LITH to USD exchange rates. Is Lithium Finance (LITH) a Good Investment?
Here’s why it could be a good idea to invest in $LITH crypto:
Innovative Protocol with DMI Mechanism
Lithium Finance is an innovative protocol that leverages the DMI (Decentralized Machine Intelligence) mechanism to gather accurate information for pricing illiquid assets. This technology-driven approach can provide unique investment opportunities.
Diversify Your Crypto Portfolio
Including cryptocurrency investments, like Lithium Finance, in your portfolio can provide diversification benefits. Cryptocurrencies generally have a low correlation with traditional asset classes, which means they may act independently of other investments in your portfolio. This could reduce overall portfolio risk.
Bridging the Gap Between DeFi and TradFi
Lithium Finance aims to bridge the gap between decentralized finance (DeFi) and traditional finance. It could provide valuable solutions for pricing illiquid assets. Investing in a project targeting a specific niche can provide exposure to opportunities within that particular market segment.
Lithium Finance’s Bounty System
Using LITH tokens in the bounty system can attract experts to provide accurate asset pricing information, potentially enhancing the quality of data within the ecosystem.
What Is Lithium Finance Price Prediction?
Although the volatile nature of the crypto market makes it impossible to offer a reliable LITH price prediction over any timeframe, the following factors could help you understand the price trends in the Lithium Finance crypto:
Level of Adoption and On-chain Activity on Lithium Finance
The success and widespread adoption of the Lithium Finance protocol can positively contribute to the LITH token price. Increased platform usage, such as Wisdom Seekers posting pricing quests and Wisdom Nodes providing accurate answers, can generate more demand for the LITH token, supporting the Lithium Finance price.
Future Developments in the Lithium Finance Roadmap
Progress in the development of the Lithium Finance protocol and strategic partnerships with other projects or organizations can positively impact the LITH to USD price. Important milestones, new features or functionalities, and collaborations can generate excitement and increase market interest.
General Market Sentiment Toward Cryptos
The general sentiment in the cryptocurrency market can affect the price of all tokens, including LITH. Factors such as investor confidence, regulatory developments, global economic conditions, and market trends can impact the price of Lithium Finance coin.
How to Stake LITH on Lithium Finance
You can stake LITH to participate in Pricing Quests as a Price Expert. Here’s how to do this:
1. Buy LITH on KuCoin or other supported platforms and transfer your tokens to fund your wallet.
2. Visit the Quests section of the Lithium Finance app and connect your wallet to its interface.
3. Review the Live Quests, including the prize pools, tasks, and deadlines.
4. Click the Live Quest of your interest, input your pricing recommendations, and click Next.
5. Enter the Stake section of the Live Quest and stake your LITH tokens on your pricing information.
6. If you win the quest, you can claim rewards and grow your portfolio by staking LITH.
Who Are Lithium Finance’s Partners?
Lithium Finance’s ecosystem partners include several leading investment firms, DeFi projects, and other ventures. Some of the partners of Lithium Finance include DuckDAO, Petrock Capital, FBG Capital, Injective, BitKeep, Ellipti, Cere, and Shima Capital.
What is the all-time high price of Lithium (LITH)?
The all-time high price of Lithium (LITH) is $0.0582300. The current price of LITH is down 99.49% from its all-time high.
What is the all-time low price of Lithium (LITH)?
The all-time low price of Lithium (LITH) is $0.0001296. The current price of LITH is up 128.53% from its all-time low.
How much Lithium (LITH) is there in circulation?
As of 12 21, 2024, there is currently 5.24B LITH in circulation. LITH has a maximum supply of --.
What is the market cap of Lithium (LITH)?
The current market cap of LITH is $1.56M. It is calculated by multiplying the current supply of LITH by its real-time market price of $1.56M.
How do I store Lithium (LITH)?
You can securely store your Lithium in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your LITH include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert ChainLink (LINK) to cash?
You can instantly exchange your ChainLink (LINK) for cash using KuCoin's Fast Trade feature. This feature enables you to convert LINK to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.