CryptoCurrencies
11209
Exchanges
500
Total Market Cap
1,232,417,706,480
Volume 24h
127,490,771,296
Dominance
BTC 45.03%   ETH 17.71%   USDT 6.31%   BNB 4.21%

Liquity USD
LUSD

1.016
$
0.35 %
Change 24h
Market Cap
$ 266,537,302
Volume 24h
$ 3,258,421
Circulating Supply
262,549,246
Total Supply
178,829,828
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.