CryptoCurrencies
19257
Exchanges
500
Total Market Cap
3,864,993,471,623
Volume 24h
477,221,418,691
Dominance
BTC 54.58%   ETH 11.86%   USDT 4.70%   BNB 3.87%

Liquity USD
LUSD

0.9995
$
0.19 %
Change 24h
Market Cap
$ 38,068,354
Volume 24h
$ 312,493
Circulating Supply
38,086,392
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.