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Terra

#348
LUNA
$0.061868
24h-3.01%
7d-1.98%
30d-7.66%

Terra Price Performance

Low
High
$0.061084
$0.064963

Terra Key Metrics

Market cap
$43.93M
FDV
$72.9M
Volume (24h)
$4.17M
Vol/Mkt Cap (24h)
0.09%
Total supply
1.13B LUNA
Circulating supply
709.98M LUNA
Profile score
60%
Updated Mar 17, 2026Rank #3940

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Terra Overview

24h High
$0.06
24h Low
$0.06
24h Change
-3.01%
7d Change
-1.98%
30d Change
-7.66%
Volume 24h
$4.17M
Market Cap
$45.67M
Circulating Supply
709.98M LUNA

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About Terra

Terra is an open-source blockchain hosting a vibrant ecosystem of decentralized applications (dApps) and top-tier developer tools. It uses proof-of-stake consensus and ground-breaking technologies to provide an unparalleled DeFi experience. On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain and the airdrop of Luna tokens to users. On May 27th, 2022, the phoenix-1 Terra mainnet launched. UST was an algorithmic stablecoin created by Terraform Labs which tied to Luna tokens but lost its peg and crashed, leading to the collapse of both Luna and UST.
Luna is the Terra protocol’s native staking token. Luna is used for governance and in mining. Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.

On May 25th, 2022, Terra Classic users passed governance proposal 1623, which outlined the genesis of a new Terra chain. This proposal also described a genesis distribution of Luna which would be airdropped to users of the Terra Classic chain based on pre-depeg and post-depeg snapshots. Users can find their airdropped Luna by viewing the same wallet address that was present during either snapshot and switching their Station network to the phoenix-1 mainnet.

On May 27th, 2022 the phoenix-1 Terra mainnet launched, ushering in a new era of development by the Terra community.

UST was an algorithmic stablecoin created by Terraform Labs and tied to Luna tokens. It was designed to maintain a $1 peg without the backstop of the US dollar and could be traded for $1 worth of Luna at any time. Unfortunately, it lost its peg and crashed, leading to the collapse of both Luna and UST. The risky venture was highly criticized for not being backed by traditional assets like tether, and instead relying on algorithms to keep the two tokens stable.
Terra (LUNA), developed by Terraform Labs founded by Do Kwon and Daniel Shin, aimed to boost blockchain and cryptocurrency adoption emphasizing price stability and user-friendliness. Do Kwon served as CEO of Terraform Labs.

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Learn About Terra

From Radio City in 1932 to Bitcoin today: How new networks change the economy

From Radio City in 1932 to Bitcoin today: How new networks change the economy

Radio City Music Hall opened in 1932 during the Great Depression, but radio ad spending was booming. The technology was real, yet RCA stock still crashed 97% from its peak. Crypto is following the same pattern, only faster. Here's what that history teaches us about watching Bitcoin today.

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Terra Market Data

The live Terra price today is $0.06 USD with a 24-hour trading volume of $4,173,010.25 USD. We update our LUNA to USD price in real-time. Terra is down 3.01% in the last 24 hours.

The current market cap is $45,671,970.23 USD, ranking #348 by market capitalization. The circulating supply is 709,984,439 LUNA.