Terra Logo

Terra LUNA

Terra header image

1. Summary

Fundamental Rank
Developer Rank
Social Rank
Coinrank
Price
52W High price $116.46
52W High date 5th Apr 2022 (1 month ago)
All Time High (ATH) Date 5th Apr 2022 (1 month ago)
ATH Price $119.18
% From ATH -100%
All Time Low (ATL) Date 13th May 2022 (1 week ago)
ATL Price $0.000615440000
% From ATL 5.46%
Supply & Trading Volume
Volume (24h) 350.15M
Total Supply 3.21T
Circulating Supply 4.63T
Description

Terra is a decentralized financial payment network that replaces the traditional payment stack on blockchain. It makes use of a basket of fiat-pegged stablecoins, which are algorithmically stabilized by Luna, to enable programmable transactions and foster financial infrastructure development. The network has processed an estimated $299 billion in p...

Terra is a decentralized financial payment network that replaces the traditional payment stack on blockchain. It makes use of a basket of fiat-pegged stablecoins, which are algorithmically stabilized by Luna, to enable programmable transactions and foster financial infrastructure development. The network has processed an estimated $299 billion in payments for over 2 million clients as of December 2020.

The reserve currency on the Terra platform is Luna. It has three basic roles: i) to mine Terra transactions through staking, ii) to guarantee price stability for Terratransactions, and iii) to provide incentives for site blockchain validators.

The Terra protocol is based on a Proof of Stake (PoS) blockchain, in which miners must stake their Luna to mine transactions. When all else is equal, a validator who has staked more Luna has a better chance of creating the next Terra block than another validator who has staked less.

However, holders and stakers of Luna are vulnerable to price risks associated with the asset because of their involvement in network security and validation. This is because the Terra network allows for the straightforward exchange of Terra stablecoins for Luna at a fixed rate to maintain the peg. It will exchange stablecoins for Luna when demand is high and prices are above the peg, and it will do the opposite when demand is low and prices are below the peg. In this manner, validators absorb the network's short-term volatility.

To compensate for this, validators are given rewards in the form of: i) staking rewards, ii) gas fees, iii) taxes, and iv) seigniorage rewards. Staking rewards can be determined by the amount of stake a validator has. The gas fees and taxes are the same, with a small fee being imposed on all Terra transactions. For validators who participate in the Luna oracle exchange rate process, seigniorage rewards are given.

1.1 Insights (beta)

LUNA/USDT

Volatility

The Average True Range indicator was triggered. In the past, similar indications led to a median price increase of 1,087.82%, over the following 200 days.

LUNA/USDT

Price Level

The Sudden Price Drop indicator was triggered. In the past, similar indications led to a median price increase of 237.41%, over the following 200 days.

LUNA/USDT

Volatility

The Average True Range indicator was triggered. In the past, similar indications led to a median price increase of 1,087.82%, over the following 200 days.

LUNA/USDT

Mean Reversion

The Bollinger Bands indicator was triggered. In the past, similar indications led to a median price increase of 970.28%, over the following 200 days.

LUNA/USDT

Volatility

The Average True Range indicator was triggered. In the past, similar indications led to a median price increase of 1,087.82%, over the following 200 days.

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2. Price

LUNA/USD

2.1. Market Performance

How does Terra's (LUNA) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-100.0%

LUNA

-59.3%

Similar Market Cap

60 Day Return

-100.0%

LUNA

-42.5%

Similar Market Cap

1 Year Return

-100.0%

LUNA

-44.7%

Similar Market Cap

3. Developer Activity

We're monitoring 99 Terra GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Terra Repos)

Commits vs. The Market

  • Past 4 weeks: 340 commits vs. an average of 4
  • Past 12 weeks: 1,191 commits vs. an average of 30
  • Past year: 6,678 commits vs. an average of 488

Most Active Repos

Past week 0
Past 12 weeks 312
Past year 796
Past week 0
Past 12 weeks 0
Past year 389
Past week 31
Past 12 weeks 112
Past year 369
Past week 2
Past 12 weeks 21
Past year 345
Past week 2
Past 12 weeks 11
Past year 338

Top Developers 2022

In total, 817 developers have contributed to Terra over the past year. Who are the most active Terra developers, by commits, over the past year?

Related Projects

Developers working on Terra also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 74,191
Active Reddit Users (past 24h) 2,498
Discord users 41,734
Active Discord Users 8,166
Telegram Users 34,405
Twitter followers 548,404
5. News
6. Investment

Funding Rounds

Terra has raised $58.0M across 15 funding rounds, between December 2017 and January 2021.

Amount / Round Date Investors
$25.0M / - 1 year ago 6
- / - 1 year ago 4
- / - 2 years ago 1
- / - 3 years ago 2
- / - 3 years ago 1
$25.0M / - 1 year ago 6
- / - 1 year ago 4
- / - 2 years ago 1
- / - 3 years ago 2
- / - 3 years ago 1
$1.0M / Seed 3 years ago -
- / - 3 years ago 2
- / - 3 years ago 1
- / ICO 3 years ago 2
- / Seed 3 years ago 1
$32.0M / Seed 3 years ago 12
- / ICO 3 years ago -
- / Seed 3 years ago 1
- / - 4 years ago -
- / - 4 years ago 1
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://terra.money
Explorer https://finder.terra.money/
Twitter @terra_money
reddit /r/terraluna

Has Terra been audited for security?

No security audits found for this project.

Are you the owner of Terra? Edit it here

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