CryptoCurrencies
18728
 Exchanges
500
 Total Market Cap
4,386,596,567,852
 Volume 24h
274,137,159,750
 Dominance
BTC 52.69%   ETH 13.02%   XRP 4.27%   USDT 3.88%

Liquity USD
LUSD

1.003
$
0.03 %
Change 24h
Market Cap
$ 38,262,405
Volume 24h
$ 65,761
Circulating Supply
38,101,523
Total Supply
279,889,262
LUSD
$
# Exchange Pair Price Volume 24h

Description

LUSD is a fully redeemable USD-pegged stablecoin issued by the Liquity Protocol. Liquity is a decentralized borrowing protocol that allows you to draw 0% interest loans against Ether used as collateral. Loans are paid out in LUSD and need to maintain a minimum collateral ratio of only 110%. In addition to the collateral, the loans are secured by a Stability Pool containing LUSD and by fellow borrowers collectively acting as guarantors of last resort. Liquity as a protocol is non-custodial, immutable, and governance-free.