CryptoCurrencies
16981
Exchanges
500
Total Market Cap
3,451,586,649,461
Volume 24h
274,667,289,958
Dominance
BTC 59.38%   ETH 8.20%   USDT 4.34%   XRP 4.00%

Liquity USD
LUSD

1.001
$
0.04 %
Change 24h
Market Cap
$ 42,029,940
Volume 24h
$ 66,042
Circulating Supply
41,977,471
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.