CryptoCurrencies
18737
 Exchanges
500
 Total Market Cap
4,392,425,052,923
 Volume 24h
287,925,229,344
 Dominance
BTC 52.62%   ETH 12.98%   XRP 4.30%   USDT 3.87%

Liquity USD
LUSD

1.003
$
0.12 %
Change 24h
Market Cap
$ 38,210,347
Volume 24h
$ 74,491
Circulating Supply
38,101,523
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.