Convert and Swap Terra LUNA to United States Dollar USD
LUNA/USD: 1 Terra equals $0.40 USD
Terra (LUNA) is not tradable on Coinbase.
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Last update: 2:35 AM, December 23, 2024
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Terra is falling this week.
The current price of Terra is $0.40 per LUNA. With a circulating supply of 709,984,438.917 LUNA, it means that Terra has a total market cap of $283,093,381.92. The amount of Terra traded has fallen by $8,624,828.18 in the last 24 hours, which is a 21.60% decrease. Additionally, in the last day, $39,923,774.30 worth of LUNA has been traded.
About Terra
Terra (LUNA) is a public blockchain protocol that aims to combine the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin. It was developed as a response to the crash of its predecessor, Terra Classic, and its associated stablecoin, TerraClassicUSD (UST). The new Terra blockchain continues the legacy of Terra Classic, but without the UST stablecoin. Instead, it focuses on building a robust ecosystem with the help of its community, known as "LUNAtics". The LUNA token is used within this ecosystem, and many decentralized applications (DApps) have agreed to migrate to Terra to continue their functionality.
Terra operates using a proof-of-stake consensus algorithm based on Tendermint, where LUNA token holders stake their tokens as collateral to validate transactions. The network incentivizes security by providing staking rewards of 7% annual inflation. This aligns the interest of validators with the long-term success of the Terra ecosystem. Terra aims to preserve its ecosystem with hundreds of developers working on different decentralized applications. The LUNA token is distributed across Luna Classic stakers, holders, residual UST holders, and essential Terra Classic app developers, making Terra a fully community-owned chain.
Terra aims to provide a platform for the development and use of decentralized applications (DApps). It seeks to evolve the world-class user experience and user interface that brought Terra Classic to second place in total value locked (TVL) at its peak. The Terra blockchain is designed to host a vibrant ecosystem of DApps, offering a suite of cutting-edge developer tools. This makes it a suitable platform for developers looking to build next-generation Web3 products and services. Furthermore, the LUNA token can be used within this ecosystem for various purposes, including paying transaction fees and participating in governance votes.
Terra was founded in January 2018 by Daniel Shin and Do Kwon, with the aim of driving the rapid adoption of blockchain technology and cryptocurrency through a focus on price stability and usability. The development of Terra Classic launched in January 2018 and the blockchain launched in April 2019. However, a bank run in May 2022 led to the crash of Terra Classic and its associated stablecoin, TerraClassicUSD (UST). This event led to the launch of a new chain, resulting in the current Terra blockchain. Despite criticism from various quarters, the revival plan proposed by Do Kwon was voted into effect by the community, leading to the hard fork of Terra Classic and the birth of the new Terra blockchain on May 27, 2022.
How Terra and United States Dollar differ
Terra (LUNA) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. Terra, a public blockchain protocol, aims to merge the price stability and broad acceptance of fiat currencies like the USD with the censorship-resistance of Bitcoin. Unlike the USD, which is regulated by the Federal Reserve, Terra operates on a proof-of-stake consensus algorithm, where LUNA token holders stake their tokens to validate transactions. This decentralized approach aligns the interest of validators with the long-term success of the Terra ecosystem. Terra also strives to provide a platform for the development and use of decentralized applications (DApps), offering a suite of advanced developer tools. On the other hand, the USD, a traditional fiat currency, is used for a wide range of transactions, from everyday purchases to international trade, but lacks the technological capabilities of Terra. The LUNA token, used within the Terra ecosystem, can be utilized for various purposes, including paying transaction fees and participating in governance votes, offering a level of participation and flexibility not seen with the USD.
Frequently asked questions
How much is 1 Terra in USD?
Right now, 1 Terra is worth about $0.40.
How much LUNA could I buy for 1 USD?
Based on the current rate, you could get 2.51 LUNA for 1 USD.
How much has the price of Terra changed?
Terra price has been declining. Since yesterday, the exchange rate of Terra has decreased. Since last month, the exchange rate of Terra has decreased. Since this time last year, the price of Terra has decreased.
How do I calculate or convert LUNA to USD?
You can use our LUNA to USD calculator at the top of this page to convert any amount of LUNA to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 12.53 LUNA. Inversely, 5 LUNA will cost about $2.00
How can I buy 1 Terra on Coinbase?
Terra is not currently available through Coinbase, but you can sign up to get the latest news on Terra and be notified when it is available.
What are assets similar to Terra that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Terra, including Rollbit Coin, Ondo Finance, and Metis. For a more robust list of assets to explore, jump to the asset page dedicated to Terra.
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LUNA to United States Dollar conversion tables
The exchange rate of Terra is decreasing.
The current value of 1 LUNA is $0.40 USD. In other words, to buy 5 Terra, it would cost you $2.00 USD. Inversely, $1.00 USD would allow you to trade for 2.51 LUNA while $50.00 USD would convert to 125.28 LUNA, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 27.52%. Meanwhile, in the last 24 hours, the rate has changed by 2.99%, and that the the highest exchange rate of 1 LUNA to United States Dollar was $0.42 USD and the lowest 24 hour value was 1 LUNA for $0.39 USD. This time last month, the value of 1 LUNA was $0.47 USD, which is a 15.33% increase from where it is now. Looking back a year, Terra has changed by $0.98 USD. That means that in a single year, the value of Terra has shrank by 58.81%.
LUNA to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.41 USD | -2.99% | $0.55 USD | -27.52% | $0.47 USD | -15.33% | $0.98 USD | -58.81% |
LUNA to USD
Amount | Today at 2:35 am |
|---|---|
0.5 LUNA | $0.20 |
1 LUNA | $0.40 |
5 LUNA | $2.00 |
10 LUNA | $3.99 |
50 LUNA | $19.96 |
100 LUNA | $39.91 |
500 LUNA | $199.56 |
1,000 LUNA | $399.11 |
USD to LUNA
Amount | Today at 2:35 am |
|---|---|
0.5 USD | 1.25 LUNA |
1 USD | 2.51 LUNA |
5 USD | 12.53 LUNA |
10 USD | 25.06 LUNA |
50 USD | 125.28 LUNA |
100 USD | 250.56 LUNA |
500 USD | 1,252.78 LUNA |
1,000 USD | 2,505.56 LUNA |
Today vs. 24 hours ago
Amount | Today at 2:35 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 LUNA | $0.20 | $0.21 | -2.82% |
1 LUNA | $0.40 | $0.41 | -2.82% |
5 LUNA | $2.00 | $2.05 | -2.82% |
10 LUNA | $3.99 | $4.11 | -2.82% |
50 LUNA | $19.96 | $20.53 | -2.82% |
100 LUNA | $39.91 | $41.07 | -2.82% |
500 LUNA | $199.56 | $205.34 | -2.82% |
1,000 LUNA | $399.11 | $410.68 | -2.82% |
Today vs. 1 month ago
Amount | Today at 2:35 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 LUNA | $0.20 | $0.24 | -15.84% |
1 LUNA | $0.40 | $0.47 | -15.84% |
5 LUNA | $2.00 | $2.37 | -15.84% |
10 LUNA | $3.99 | $4.74 | -15.84% |
50 LUNA | $19.96 | $23.71 | -15.84% |
100 LUNA | $39.91 | $47.42 | -15.84% |
500 LUNA | $199.56 | $237.11 | -15.84% |
1,000 LUNA | $399.11 | $474.23 | -15.84% |
Today vs. 1 year ago
Amount | Today at 2:35 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 LUNA | $0.20 | $0.49 | -59.22% |
1 LUNA | $0.40 | $0.98 | -59.22% |
5 LUNA | $2.00 | $4.89 | -59.22% |
10 LUNA | $3.99 | $9.79 | -59.22% |
50 LUNA | $19.96 | $48.93 | -59.22% |
100 LUNA | $39.91 | $97.87 | -59.22% |
500 LUNA | $199.56 | $489.33 | -59.22% |
1,000 LUNA | $399.11 | $978.66 | -59.22% |
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