CryptoCurrencies
17840
Exchanges
500
Total Market Cap
3,992,660,948,831
Volume 24h
311,619,766,050
Dominance
BTC 57.49%   ETH 11.00%   XRP 4.43%   USDT 4.10%

Liquity USD
LUSD

1.002
$
0.05 %
Change 24h
Market Cap
$ 40,900,987
Volume 24h
$ 240,887
Circulating Supply
40,846,950
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.