About Terra

Terra (LUNA) is a public blockchain protocol that emerged from Terra Classic. Terra Classic is home to the algorithmic stablecoin TerraClassicUSD (UST). It's now-renamed LUNC token collateralized UST, which crashed in a bank run in May 2022. That devalued LUNA to virtually zero and caused a launch of a new chain — resulting in Terra Classic and Terra. 

Read more

The development of Terra Classic launched in January 2018 and the blockchain launched in April 2019. It attempted to combine the price stability and wide adoption of fiat currencies with the censorship-resistance of Bitcoin (BTC) and offer fast and affordable settlements through its UST stablecoin. Terra Classic offered stablecoins pegged to the U.S. dollar, South Korean won, Mongolian tugrik, and the International Monetary Fund's Special Drawing Rights basket of currencies.

The new Terra blockchain continues the legacy of Terra Classic without the UST stablecoin. It will keep building with the help of the LUNA community dubbed “LUNAtics” and evolve the world-class UX and UI that brought Terra Classic up to second place in total value locked (TVL) at its peak. Many DApps have agreed to migrate to Terra to continue their functionality.

Terra Technical Details

Network

Blockchain
Cosmos

Terra Organization & Team

Chris Amani
Chris Amani

CEO

Do Kwon
Do Kwon

Former CEO, Co-founder

Daniel Shin
Daniel Shin

Former Co-founder

Terra FAQ

What is the price of Terra today?

As of Apr 7, 2026, Terra trades at $0.05.

What is the market cap of Terra?

Terra has a market capitalization of $37,235,086.45.

What is the 24-hour trading volume of Terra?

Terra has a 24-hour trading volume of $6,524,983.02.

What is the all-time high of Terra?

Terra reached an all-time high of $19.54, recorded on May 28, 2022. It is currently 99.73% below its all-time high.

What is the all-time low of Terra?

Terra recorded an all-time low of $0.04, recorded on Oct 10, 2025. It is currently 33.41% above its all-time low.

Suggest an Edit · Report Listing

All images, branding and wording is copyright of Terra. All content on this page is used for informational purposes only. CryptoSlate has no affiliation or relationship with the coins, projects or people mentioned on this page. Data is provided by CoinMarketCap and TradingView.