CryptoCurrencies
18116
 Exchanges
500
 Total Market Cap
2,705,606,620,272
 Volume 24h
130,888,203,660
 Dominance
BTC 53.64%   ETH 9.74%   USDT 6.80%   BNB 3.39%

Liquity USD
LUSD

1.015
$
0.09 %
Change 24h
Market Cap
$ 30,976,793
Volume 24h
$ 30,454
Circulating Supply
30,524,055
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.