CryptoCurrencies
19414
Exchanges
500
Total Market Cap
3,271,071,396,870
Volume 24h
286,515,154,166
Dominance
BTC 54.23%   ETH 10.62%   USDT 5.62%   XRP 3.75%

Liquity USD
LUSD

1.002
$
0.10 %
Change 24h
Market Cap
$ 36,971,221
Volume 24h
$ 384,194
Circulating Supply
36,902,067
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.