# Liquity's Forkonomics

*Author: Bankless*
*Published: May 27, 2025*
*Source: https://www.bankless.com/read/liquitys-forkonomics*

---

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/04/Frame-50572-1--2-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/whats-new-in-liquity-v2&email=true)

  
Liquity's Forkonomics 

  
  Published on May 27, 2025

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

---
[**Sponsor: Uniswap Labs**](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/whats-new-in-liquity-v2&email=true) — Unichain is live! Bridge & swap with Uniswap Labs' web app or wallet. 

[Swap Today](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=read/whats-new-in-liquity-v2&email=true)

.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
Circle's Big IPO
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/Group-14---2025-05-27T113759.698.png)](https://www.bankless.com/)- 🔵** Circle Files for $6.7B IPO**. USDC issuer Circle is [heading to the NYSE](https://decrypt.co/322254/stablecoin-giant-circle-files-ipo-nyse-6-7-billion) under ticker CRCL, aiming to raise $624M at a $6.7B valuation.
- 🟢** SharpLink Goes ETH**. Sports marketing firm SharpLink's shares soared 400% after announcing a $425M raise led by Consensys that will be used to [adopt ETH](https://www.coindesk.com/markets/2025/05/27/sharplink-gaming-soars-400-as-joseph-lubin-s-consensys-leads-usd425m-investment-for-eth-treasury-strategy) as its treasury asset.
- 🟡 **Sonar ICO Platform Debuts**. Cobie’s Echo has [launched Sonar](https://www.theblock.co/post/355840/cobie-ico-platform-sonar-plasma-xpl-token-sale-valuation), a public token sale platform, with stablecoin-focused Plasma as its first project. 
📸**Daily Market Snapshot: **With a growing influx of bullish crypto news, the spoils went to the majors today as BTC crossed $110k and ETH flirted with $2.7k again. 

Prices as of 3pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $3.47T
       

  
    
    ↗ 1.3%
    
  

   
    
    ↗ 4.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $110,102
       

  
    
    ↗ 1.0%
    
  

   
    
    ↗ 3.7%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,685
       

  
    
    ↗ 6.0%
    
  

   
    
    ↗ 7.6%  

 

.  .  .

 
  
    

GUIDE

  
  
Friendly Forks, Fresh Yields: What's New in Liquity V2

  
  
   
     
     Bankless Author: 
     
       [
       
William Peaster](https://x.com/wmpeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/05/image---2025-05-27T104609.383-2.png)](https://www.bankless.com/read/whats-new-in-liquity-v2)**Liquity’s V2 launch has jumped to the front of this month’s Ethereum DeFi chatter. **

The revamped protocol is putting its new $BOLD stablecoin on the map with a new unique flywheel that's designed to simultaneously attract more borrowers, reward depositors, and defend the protocol and its USD peg. 

The splash hasn’t stopped at Ethereum, either: more than 15 licensed “friendly forks” have locked in plans to port the codebase (and reward $BOLD users) across Arbitrum, Hyperliquid, Scroll, and beyond. 

With its user-set rates, its NFT-based debt, and its forkonomics, Liquity V2's shaping up to be one of this cycle’s most intriguing stablecoin experiments—and now it's open for business. 

*Here's everything you need to know before diving in*!* *👇

[Read more on Bankless](https://www.bankless.com/read/whats-new-in-liquity-v2)
---
---

*This article is brought to you by [MetaMask](https://www.bankless.com/sponsor/metamask-1776260643?ref=read/liquitys-forkonomics)*