CryptoCurrencies
19031
 Exchanges
500
 Total Market Cap
4,486,455,108,727
 Volume 24h
397,929,377,223
 Dominance
BTC 54.20%   ETH 12.03%   XRP 4.04%   USDT 3.93%

Liquity USD
LUSD

1.001
$
0.12 %
Change 24h
Market Cap
$ 37,734,782
Volume 24h
$ 196,581
Circulating Supply
37,703,115
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.