$LQTY Decentralized lending protocol Liquity's governance token, focused on the over-collateralized stablecoin sector. In simple terms, it helps you borrow the stablecoin LUSD by collateralizing with ETH.

This project has a market cap of around 100 million dollars, which has already decreased significantly compared to its historical peak, but it has rebounded nearly 150% from its low this year, making it a typical small-cap high-volatility DeFi token.