Terra
LUNATerra is a blockchain protocol
Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.72% | 1.85% | 7.61% | 10.85% | 4.30% | 17.70% |
Comparison
Tokenomics
Token Distribution
Open Markets
| # | Exchange | Pair | Price | Volume (24h) | volume % |
|---|---|---|---|---|---|
| 1 | LUNA2/USDT | $0.1154 | $118,048,663 | 2431.13% | |
| 2 | LUNA/USDT | $0.1154 | $48,638,591 | 1001.68% | |
| 3 | LUNA2/USDT | $0.1148 | $23,536,302 | 484.71% | |
| 4 | LUNA/USDT | $0.1151 | $10,636,944 | 219.06% | |
| 5 | LUNA/USDT | $0.1149 | $8,064,001 | 166.07% | |
| 6 | LUNA/USDT | $0.115 | $6,955,588 | 143.25% | |
| 7 | LUNA/USDT | $0.1151 | $5,884,737 | 121.19% | |
| 8 | LUNANEW/USDT | $0.1152 | $3,066,367 | 63.15% | |
| 9 | LUNA2/USDT | $0.1152 | $1,097,730 | 22.61% | |
| 10 | LUNA2/USD | $0.1169 | $25,134 | 0.52% |
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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.
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.
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.