CryptoCurrencies
16967
Exchanges
500
Total Market Cap
3,510,753,130,991
Volume 24h
210,955,699,780
Dominance
BTC 58.58%   ETH 8.94%   USDT 4.30%   XRP 4.02%

Liquity USD
LUSD

1.001
$
0.04 %
Change 24h
Market Cap
$ 42,095,296
Volume 24h
$ 252,568
Circulating Supply
42,058,966
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.