Equilibrium Price

Equilibrium is a decentralized finance (DeFi) platform built on the Polkadot ecosystem. It offers a comprehensive suite of DeFi services, including lending, borrowing, trading, and synthetic asset generation. Key features of Equilibrium include: 1. High-leverage trading and borrowing of digital assets 2. EQD - a USD-pegged stablecoin that can be transferred across Polkadot parachains 3. Money Market with collateral ratios as low as 105% 4. Orderbook DEX supporting up to 20x leverage 5. Advanced risk management through an insurance pool Equilibrium aims to provide a one-stop DeFi solution by integrating core functionalities like lending, borrowing, trading, and collateralization. Its native token EQ is used for governance, staking, and as collateral within the ecosystem. As of 2026-02-11, EQ is trading at $0.00001798 with a 24-hour trading volume of $10.8K. It has a circulating supply of 3.42B EQ EQ and a total supply of 12B EQ EQ. The current market cap stands at $61.49K.

Equilibrium was created on August 25, 2021. It was launched as a cryptocurrency on the XRP Ledger platform, aiming to provide innovative solutions in the gaming and NFT sectors of the blockchain industry. Since its inception, Equilibrium has been working to develop a unique ecosystem that combines gaming, collectibles, and metaverse elements, positioning itself as a player in the growing play-to-earn market. The project's focus on the XRP ecosystem has allowed it to leverage the speed and efficiency of the XRP Ledger for its operations and transactions.

The founders of Equilibrium are Alex Melikhov and Peter Militch. They established the project in 2019 with the goal of creating a comprehensive DeFi ecosystem on Polkadot. Alex Melikhov serves as the CEO and has extensive experience in blockchain and fintech, while Peter Militch is the CTO and brings expertise in software development and cryptography. Together, they lead the development of Equilibrium's innovative DeFi products, including its stablecoin, money market, and decentralized exchange. Their vision is to provide a unified platform that combines lending, borrowing, trading, and synthetic asset generation across multiple blockchains.

Equilibrium operates as a multi-functional DeFi platform on the Polkadot ecosystem. Here's how it works: 1. Decentralized Stablecoin: Equilibrium offers EQD, a USD-pegged stablecoin that can be transferred across Polkadot parachains using XCM technology. 2. Money Market: Users can borrow and lend digital assets with high leverage, supported by a novel clearing mechanism and insurance pool for enhanced security. 3. DEX: The platform includes an orderbook-based decentralized exchange, allowing spot trading with up to 20x leverage. 4. Cross-chain Functionality: Equilibrium enables seamless interaction between different blockchain networks within the Polkadot ecosystem. 5. Algorithmic Risk Assessment: The system uses advanced algorithms to determine fair lending rates and maintain overall platform stability. 6. Liquidity Provision: Users can provide liquidity to earn additional yields and participate in the platform's growth. 7. Governance: EQ token holders can participate in decision-making processes for the platform's development and upgrades. By combining these features, Equilibrium aims to create a comprehensive and interoperable DeFi ecosystem, offering users a wide range of financial services in a decentralized manner.

Equilibrium utilizes a multi-layered technical architecture designed for scalability, interoperability, and security: 1. Substrate Framework: Built on Substrate, enabling seamless integration with the Polkadot ecosystem. 2. Pallets: Modular components that provide specific functionalities like lending, borrowing, and trading. 3. Cross-Chain Bridges: Facilitates asset transfers between Equilibrium and other blockchain networks. 4. Smart Contracts: Supports WebAssembly (Wasm) smart contracts for advanced DeFi operations. 5. Orderbook DEX: Implements a high-performance decentralized exchange with leverage trading capabilities. 6. Risk Management System: Employs advanced algorithms for real-time risk assessment and liquidation prevention. 7. Oracles: Integrates decentralized oracle networks for accurate price feeds and external data. 8. Governance Module: Allows EQ token holders to participate in protocol decision-making. 9. Liquidity Pools: Utilizes automated market makers (AMMs) for efficient asset swaps and liquidity provision. 10. Cross-Consensus Messaging (XCM): Enables seamless communication with other parachains in the Polkadot ecosystem. This architecture allows Equilibrium to offer a comprehensive DeFi platform with high leverage trading, borrowing, and advanced financial products.

The future and roadmap of Equilibrium (EQ) look promising. The project aims to become a leading cross-chain DeFi platform on Polkadot, offering high-leverage trading and borrowing of digital assets. Key milestones include: 2026: Further development of core products - EQD stablecoin, Money Market with high leverage, and Orderbook DEX. 2027: Expansion of cross-chain capabilities, enabling seamless asset transfers between Polkadot parachains via XCM. 2028: Launch of advanced features like programmable interest rates and bailout mechanisms to enhance platform resilience. 2031: Full integration with Polkadot ecosystem, positioning Equilibrium as a one-stop DeFi hub. The team is focused on improving liquidity, user experience, and security. With its innovative approach to DeFi, Equilibrium aims to capture a significant market share in the coming years. The current price of $0.00001798 is expected to grow, with projections reaching $0.00002151 by 2027 and potentially $0.00003426 by 2031, driven by increased adoption and platform development.