T

Terra

LUNA

Terra is a blockchain protocol

Performances

RD Popularity Index

2516.67% (24h)
0100200300400500
Project Rank: 7555/15395

RD Growth Index

5630.11% (24h)
0400800120016002000
Project Rank: 368/15395
Comparison:
1h24h7d30d60d90d
0.72%4.58%7.29%11.14%4.30%17.70%

Comparison

Event Calendar

Aug 29, 2018
Terra raised $ 32 M in funding round
Aug 26, 2019
Terra completed a new funding round
Jan 26, 2021
Terra raised $ 25 M in funding round
Feb 22, 2022
Terra raised $ 1 B in OTC round
May 31, 2022
Terra launches LUNA token

Open Markets

#ExchangePairPriceVolume (24h)volume %
1LUNA2/USDT$0.1154$118,048,6632806.86%
2LUNA/USDT$0.1154$48,638,5911156.49%
3LUNA2/USDT$0.1148$23,536,302559.63%
4LUNA/USDT$0.1151$10,636,944252.92%
5LUNA/USDT$0.1149$8,064,001191.74%
6LUNA/USDT$0.115$6,955,588165.38%
7LUNA/USDT$0.1151$5,884,737139.92%
8LUNANEW/USDT$0.1152$3,066,36772.91%
9LUNA2/USDT$0.1152$1,097,73026.10%
10LUNA2/USD$0.1169$25,1340.60%

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About Terra

Terra, a decentralized finance infrastructure, launched in 2018 with the vision of creating a suite of fiat-pegged stablecoins to reduce e-commerce costs. Its algorithmic stablecoin UST, backed by LUNA, gained explosive growth in 2021, driven by the Anchor protocol's high-yield savings. However, in May 2022, a bank run on UST triggered a death spiral, wiping out over $40 billion in market value and collapsing the ecosystem. This event became a watershed moment for algorithmic stablecoins, leading to heightened regulatory scrutiny. Post-collapse, Terraform Labs attempted to rebuild via a new chain (Phoenix-1) and airdrops, but legal consequences followed. In 2025, co-founder Do Kwon pleaded guilty to fraud charges in the US, and a Singapore court ordered Terraform Labs and Kwon to pay over $3 million in compensation to UST investors. Other milestones include LFG's transfer of multi-sig assets to direct custody, the reopening of the Shuttle Bridge to destroy 150 million LUNA, and the blacklisting of exploiters' wallets. These events underscore the long-term implications of governance failures, regulatory responses, and investor protection in decentralized finance.

Updated: Aug 29, 2026

Positive: On June 26, 2026, OpenAI released GPT-5.6 with a model tier named "Luna", triggering a semantic arbitrage wave in crypto. LUNA2 perpetual contracts on Binance saw open interest surge 43% and price jump from $0.0486 to $0.0513 within minutes, though this was a short-lived attention-driven spike without fundamental backing.

Negative: No significant negative factors emerged during the period. Terraform Labs' wind-down concluded in 2024, and no price-impacting adverse events were reported in the past six months.

Updated: Sep 14, 2026

Do Kwon (Co-founder, Twitter: https://x.com/stablekwon). Former CEO of Terraform Labs. Graduated from Stanford University with a degree in Computer Science. Previously founded Anyfi, a mesh networking startup. Led Terra's development of algorithmic stablecoins and the LUNA token. No reliable information on other co-founders or current core executives.

Updated: Aug 29, 2026